Business News

IT&E’s  store  is  moving  to  a  larger  and  more convenient location in Oleai. The Oleai store will open its doors on Tuesday, Feb. 22, 2022. All residential and business services will be available at the new location, while the marketing department will be transferred to IT&E’s headquar…

NEW YORK (Reuters) — Geopolitical worries have added another layer of volatility to an already-jumpy market as investors priced in the possibility of escalating conflict between Russia and Ukraine, though some doubted the issue would weigh on U.S. asset prices over the longer term. Reports of risin…

TOKYO (Reuters) — A tech-fueled global stocks rally cooled in Asia on Thursday as investors took a more cautious posture amid uncertainties around the outlook for inflation and interest rates. World bond yields continued to ease from multi-year highs and the dollar trod water ahead of the closely w…

LONDON (Reuters) — Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage which has already sent the prices of gas, coal and crude oil soaring. At a time when global central banks are fretting …

TOKYO (Reuters) — Japan is weighing further measures to help blunt a sharp rise in fuel prices and minimize the impact on people’s lives and economic activities, the industry minister said on Thursday, as oil prices stay high amid tight supply. Crude oil prices soared to seven-year highs, dri…

(Reuters) — A nearly three-month long labor strike at Kellogg’s U.S. cereal plants is expected to dent profit margins already under pressure from steep costs driven by global supply logjams. The strike kicked off in October at four U.S. plants that produce Froot Loops, Corn Flakes and other c…

WASHINGTON (Reuters) — The U.S. economy may be nearing a turn lower in inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning towards a slightly faster pace of interest rate increases this year. “I am very hopeful we are going to start to see th…

(NMC) — Kiki’s, a women’s clothing store located in Gualo Rai, is the latest company to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive a 5% discount on clothing a…

(Reuters) —  As bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: “altcoins” that power online games and worlds. But, be warned, the foothills of the unformed metaverse are no place for the faint-hearted. Bitcoin, …

WASHINGTON (Reuters) — U.S. small business confidence fell to an 11-month low in January amid persistent worker shortages and higher prices for materials, a survey showed on Tuesday. The National Federation of Independent Business or NFIB said its Small Business Optimism Index dropped 1.8 points to…