Business News

(SBDC) — The CNMI Small Business Development Center  Network at Northern Marianas College is pleased to announce its upcoming no-cost training, “Federal Contracting 101,” designed to equip local businesses with the foundational knowledge needed to successfully pursue federal contracting opportuniti…

President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., Feb. 13, 2025. REUTERS WASHINGTON (Reuters) — U.S. Commerce Secretary Howard Lutnick says a recession would be “…

A line chart titled “Index performance year to date” that compares the change in the prices over a recent period. NEW YORK (Reuters) — Investors are wary about worrisome market signs, after a steep U.S. stocks selloff that has wiped out more than $4 trillion in value and all of the gain…

Children hold ice cream near a food truck vendor at the National Mall in Washington, D.C., Aug. 12, 2024. WASHINGTON (Reuters) — U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump’s el…

TOKYO (Reuters) — Wall Street futures sank and the safe-haven yen and Swiss franc strengthened early on Monday as building deflationary pressures in China added to growth worries from a fading U.S. economy and an escalating global trade war. U.S. S&P 500 stock futures pointed 0.5% lower and Nas…

People walk at the tourism site of Qianmen street, in Beijing, China on March 14, 2023. REUTERS (Reuters) — Five years after the World Health Organization first described the Covid-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to…

An employee polishes the 2025 Ford Maverick Hybrid pickup truck during the Los Angeles Auto Show, in Los Angeles, California, Nov. 21, 2024. REUTERS WASHINGTON/OTTAWA (Reuters) — President Donald Trump will exempt automakers from his punishing 25% tariffs on Canada and Mexico for one month as long …

EUCON President Dr. Christian Wei and partner Daniel Xu pose for a photo with Gov. Arnold Palacios, Sen. Corina Magofna, Rep. John Paul Sablan, and Commonwealth Economic Development Authority Chair Francisco Rabauliman during a recent meeting. EUCON photo IN a landmark meeting on March 5, 2025, EUC…

A security guard stands at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China on Feb. 3, 2020. REUTERS TOKYO/LONDON (Reuters) — The dollar hit three-month lows on Wednesday as the U.S.’ trade war with its partners escalated, while a major overhaul to Germ…

Trucks wait in line to cross into the United States near the border customs control at the World Trade Bridge, in Nuevo Laredo, Mexico, Nov. 26, 2024. WASHINGTON (Reuters) — President Donald Trump’s new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doublin…