Business News

Small businesses face tax headaches on top of pandemic woes

NEW YORK (AP) — Small businesses that have been buffeted by the pandemic, inflation and shipping woes have another challenge to add to their plate: taxes. Tax season can be complicated for everyone, but as the April 18 filing deadline looms, small-business owners, contractors, entrepreneurs and oth…
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Investors shelter from twin declines in US stocks, bonds

NEW YORK (Reuters) — Side-by-side declines in U.S. equity and fixed income markets are pushing investors into cash, commodities and dividend-paying stocks as geopolitical uncertainty and worries over a hawkish Federal Reserve rock asset prices. With the first quarter of 2022 winding down, the S&…
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McDonald’s Saipan honors employees of the 1st quarter

McDONALD’S of Saipan has recognized Jessa Marie De Jesus and Jay Achondo as its employees of the first quarter based on their ability to demonstrate behaviors that deliver a great experience for customers and their fellow employees. They are always looking for ways to make the experience spec…
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US weekly jobless claims drop to lowest level since 1969

WASHINGTON (Reuters) — The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation. The strength in the job market repor…
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Tech leads rebound in world stocks despite surging yields

(Reuters) — Battered technology and growth shares have shrugged off rising bond yields to drive a rebound in world stocks as some investors view them as a hedge to inflation against the backdrop of supply-chain snarls and an intensifying war in Ukraine. The NYSE FANG+TM index, which includes the fi…
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