Business News

(NMC) — Bolis R Us 2 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 purchase a one choice lunch for $4. Additionally, ProaPerks members who purchase fo…

LONDON (Reuters) — U.S. debt ceiling wrangles and the euro’s growing dominance of bond issuance linked to environmental or sustainability goals could start to chip away at Treasuries’ status as the ultimate reserve asset, putting Europe in a position to boost its share. The $22 trillion…

Hyatt Regency Saipan general manager Nick Nishikawa, second left seated, poses for a photo with Gov. Ralph DLG Torres,  Lt. Gov. Arnold I. Palacios,  Department of Public Lands Secretary Sixto K. Igisomar, and Hyatt  staff shortly after a 40-year land lease deal was signed at Hyatt’s Miyako R…

(MVA) — Arrivals to Saipan, Tinian and Rota grew 752% percent to 1,107 visitors in September 2021, compared to 130 visitors received in September 2020, the Marianas Visitors Authority said. South Korea, the Marianas’ largest source market prior to the Covid-19 pandemic, recorded 801 visitors in Sep…

(Reuters) — U.S. consumers increased their short-term and medium-term inflation expectations again in September, but they lowered their views on how much home prices, fuel costs and other expenses will rise over the next year, according to a survey released on Tuesday by the New York Federal Reserv…

WASHINGTON (Reuters) — Treasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries. Yellen said the actions to bring the United States into compliance with the global minimum tax w…

(Reuters) — After weeks of debate about the supposedly transitory nature of higher inflation and its potential monetary policy implications, markets are about to find out how rising input costs impacted companies during the third 2021 quarter. As the reporting season kicks off in earnest from this …

SYDNEY (Reuters) — Asian shares edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early losses, while rising Treasury yields lifted the dollar to a near three-year peak against the Japanese yen. Brent oil prices extended their bull run to reach ground last …

WASHINGTON (Reuters) — The White House is considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cybercrimes, a spokeswoman said on Friday. “The NSC and NEC are coordinating across the interagency to look at ways we can ensure th…

SHANGHAI/SINGAPORE/HONG KONG (Reuters) — China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property developer, their advisers said. Evergrande, which could trigger one of China&…