Business News

A trader works on the floor at the New York Stock Exchange in New York City, March 7, 2024. (Reuters) — The Nasdaq and the S&P 500 bounced back on Thursday, boosted by a recovery in megacaps, as an upbeat forecast from Taiwan Semiconductor Manufacturing lifted chip stocks after a sharp sell-off…

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022. UPPER MARLBORO, Maryland (Reuters) — Top Federal Reserve officials said on Wednesday the U.S. central bank is “closer” to cutting interest rates given inflation’s impr…

 Vibrantly colored Mandarin fish spotted on Yap’s Reefs. (Yap Visitors Bureau) — Yap will play host to two of the Pacific’s premier dive photography events, MantaFest and BlackwaterFest. Both events are organized by the island’s leading hotel and diving facility Manta Ray Bay Resort and Yap Divers,…

Physical representations of the bitcoin cryptocurrency are seen in this illustration taken Oct. 24, 2023. SINGAPORE (Reuters) — Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has …

Traders work on the floor at the New York Stock Exchange in New York City, July 3, 2024. SINGAPORE (Reuters) — Saturday’s shooting at former President Donald Trump’s election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming wee…

Holograms, which show different images and colors depending on the angle at which they are viewed, are seen on the new Japanese 5,000 yen banknote as the new note is displayed at a currency museum of the Bank of Japan, on the day the new notes of 10,000 yen, 5,000 yen and 1,000 yen went into circul…

A person puts gas in a vehicle at a gas station in Manhattan, New York City, Aug. 11, 2022. MOSCOW/LONDON (Reuters) — OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and strong air travel would su…

Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington, D.C., June 12, 2024. WASHINGTON (Reuters) — The U.S. is “no longer an overheated economy” with a job market th…

President Joe Biden attends a church service at Mt. Airy Church of God in Christ in Philadelphia, Pennsylvania, July 7, 2024. NEW YORK (Reuters) — With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing to game out potentia…

BANKPACIFIC’S 70-year success story is also a story of employee dedication and growth. Three of the bank’s long-standing employees—Sandra Mesa, Patricia Murer and Maria “Leah” Vilante—shine bright as beacons of loyalty and professional development. With a combined 84 years of serv…