Business News

WASHINGTON (Reuters) — The largest satellite provider in the United States said late Friday it will drop One America News, a move that could financially cripple the right-wing TV network known for fueling conspiracy theories about the 2020 election. The announcement by DirecTV, which is 70% owned b…

HAGÅTÑA (The Guam Daily Post) — Gov. Lou Leon Guerrero joined seven of her stateside counterparts in a plea for the federal government to approve more visas for foreign workers in a joint letter. “We recognize there are many causes of the labor shortage, including some that are outside our control.…

(NMC) — Islander Rent A Car 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 30% discount on daily regular rates on all vehicles except trucks …

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits unexpectedly rose in the first week of January amid raging Covid-19 infections, but remained at a level consistent with rapidly tightening labor market conditions. Other data on Thursday suggested the worst o…

NEW YORK (Reuters) — The sexy sheets copywriter Jess Morgan enjoys with her husband Grant are not just in their bedroom. His financial spreadsheets turn her on to his seriousness about building a life together. Meticulous columns record the Bainbridge Island, Washington-based couple’s search …

WASHINGTON (Reuters) —  U.S. consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which could bolster expectations that the Federal Reserve will start raising interest rates as early as March. The consumer price index increased 0.5% las…

BEIJING (Reuters) — China’s central bank is set to unveil more easing steps to support slowing growth, though it will likely favor injecting more cash into the economy than cutting interest rates too aggressively, policy insiders and economists said. While some analysts think modest rate cuts…

WASHINGTON (Reuters) — High inflation and a strong recovery will require the Federal Reserve to raise interest rates at least three times this year, beginning as soon as March, and warrant a rapid rundown of Fed asset holdings to draw excess cash out of the financial system, Atlanta Fed President R…

LONDON (Reuters) — Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of nearly 1,000 business, government and academic leaders found, with only one in six optimistic about the world outlook. Climate change was seen as th…

(HANMI) — The Hotel Association of the Northern Mariana Islands reported 35% average occupancy rate among its 12 member hotels for December 2021.  The figure is seven times higher compared to December 2020, with 15,984 room nights sold this December compared to 2,127 rooms last December. The occupa…