Business News

People walk on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai, China, Aug. 6, 2024. SINGAPORE (Reuters) — Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Hong Kong stocks, but bitcoi…

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, D.C., Jan. 20, 2023. REUTERS WASHINGTON (Reuters) — The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the Covid era, as interest on the federal debt exceeded …

A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, Aug. 28, 2023. WASHINGTON (Reuters) — The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene and Milton,…

Tertia Freas HONOLULU, Hawaii (FHB) — First Hawaiian Inc. announced the appointment of Tertia Freas to serve on its board of directors and the board of directors of First Hawaiian Bank. Freas also was appointed to the board of directors’ audit committee. All appointments are effective Oct. 15, 2024…

The image of a Boeing 737 jetliner is seen behind Boeing factory workers and supporters as they gather on a picket line near the entrance to a Boeing production facility in Renton, Washington,  Sept. 15, 2024. (Reuters) — Thousands of Boeing staff will get layoff notices within weeks, a union and i…

Neel Kashkari, president and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, May 7, 2024. (Reuters) — Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cu…

Boeing factory workers and supporters gather on a picket line near the entrance to a Boeing production facility in Renton, Washington, Oct. 11, 2024. (Reuters) — Boeing will cut 17,000 jobs — 10% of its global workforce — delay first deliveries of its 777X jet by a year and record $5 billion in los…

Traders work on the trading floor at the New York Stock Exchange following the Federal Reserve rate announcement, in New York City, Sept. 18, 2024. (Reuters) — Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced expectations of a 25-basis-point rate hike…

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, Sept. 13, 2024. (Reuters) — Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially…

Bank of Guam received three awards from The Institute for Extraordinary Banking including the Banky Award, Money Smarts Banky Award for Financial Literacy Education, and the BanksGiving Banky Award for Philanthropy. Pictured, from left, Roxanne Emmerich, chair and founder, The Institute for Extraor…