Business News

WASHINGTON (Reuters) — While the Federal Reserve’s paper on potentially adopting a central bank digital currency or CBDC will advance debate in Washington, its decision to kick the issue to Congress means an official U.S. digital dollar is still several years away. The U.S. central bank on Th…

(MVA) —  According to the Marianas Visitors Authority, arrivals to  Saipan, Tinian and Rota grew 1250% to 2,390 visitors in December 2021, compared to 177 visitors received in December 2020. While  the figure   shows  a  marked recovery in arrivals   as  a  result   of the Tourism Resumption  Inves…

WASHINGTON (Reuters) — The Federal Reserve may not raise interest rates until March, but officials’ tougher language about inflation is already kicking in, with borrowing costs rising for everyone from homebuyers to the federal government and stock markets kicking off the year deep in the red…

NEW YORK (Reuters) — Expectations of rising interest rates are bolstering the shares of regional banks, as a tumble in technology stocks pushes investors to search for assets that could thrive amid higher yields and tighter Federal Reserve policy. The SPDR S&P Regional Banking ETF was up 2% yea…

THE Saipan Chamber of Commerce will hold its 2021 “Cloaks & Tiaras” Business Person of the Year or BPOY annual fundraiser gala on Jan. 29, 2022 at the Kensington Hall. Covid-19 vaccination verification is required upon entry. The BPOY gala servers as the chamber’s largest annual fundraiser for …

(Reuters) — Bitcoin dropped again on Saturday and was last down around 4% for the day, hovering around the $35,000 level. Bitcoin, the world’s biggest and best-known cryptocurrency, is now about half its $69,000 peak in November. It was last at $35,049, after falling as low as $34,000 and fol…

(NMC) — Dr. Zaidul Islam Sarker, lead Food Scientist and Program Leader at the Northern Marianas College Cooperative Research, Extension and Education Services, recently served as the keynote speaker for 3rd International Conference on Traditional Medicine in Modern Era for Cure on January 7-8, 202…

HAFA or Health Education Awareness & Fitness Activities Initiative is the Pacific Islanders’ gateway to healthy living. The HAFA Initiative is a nationally recognized diabetes prevention program implemented by Marianas Health LLC in collaboration with the Centers for Disease Control and P…

LEAVING the hospital after a certain period of treatment does not always mean that a patient no longer needs continued care. Providing home care to these patients is one of the services that Marianas Health LLC offers, its director of operations Maria Rosa Omar-Castro said. In close partnership wit…

(Press Release) — Kensington is delighted to announce a once-in-a-lifetime flash sale: “Half” Adai, CNMI! All CNMI residents can enjoy a 50% discount off the local rate when they book a Royal Deluxe Room at Kensington. For only $99.5/night (tax inclusive), you can get a deluxe room with an ocean vi…