Business News

WASHINGTON (Reuters) — The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close. In June, officials launched the discu…

NEW YORK (Reuters) — The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is set to report quarterly res…

WASHINGTON (Reuters) — Five weeks after dropping its reference to the coronavirus as a weight on the economy, the U.S. Federal Reserve is confronting a challenging new rise in cases that has fueled doubts about the global recovery and is already forcing other central banks to consider retooling the…

(Special Advertising Feature) — Kensington Hotel Saipan is resuming everyday operation starting Friday, July 23, 2021. After more than a year of special operation, Kensington is ready to welcome and accommodate local guests on a daily basis with fascinating amenities and WOW service. These include …

WASHINGTON (Reuters) — The number of Americans filing new claims for jobless benefits rose to a two-month high last week, a reminder that the labor market was far from being out of the woods as the nation confronts a resurgence in new Covid-19 infections. Still, the weekly jobless claims report fro…

LONDON (Reuters) —  A drubbing in world equity markets and a huge flight to safety into U.S. Treasuries this week suggests investors now doubt that a much-anticipated return to post-Covid normality is feasible any time soon. Data from the United States and China, which account for more than half of…

TARAWA, Kirbati (TAK) — The Tourism Authority of Kiribati has launched the online toolkit for the Kiribati Tourism & Hospitality Protocols for the New Normal, the country’s Covid-19 safety protocols for tourism and hospitality operators.  Since the development of the Kiribati Tourism & Hosp…

WASHINGTON (Reuters) — The U.S. Congress will learn on Wednesday when the federal government will likely run out of money to pay its bills, setting the stage for the latest in a long series of fights over what is known as the debt ceiling. A failure by Democrats and Republicans to work out differen…

(NMC) — Pokiyaki 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 10% off on any food and/or drink purchase. The NMC ProaPerks program provides…

LONDON (Reuters) — Global shares staunched a sell-off on Tuesday, but U.S. Treasury and German bond yields slipped to fresh five-month lows as a reminder that investors remained worried the spread of the Delta coronavirus variant could derail the economic recovery. After their worst sell-off this y…