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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…

A pedestrian passes a “Help Wanted” sign in the door of a hardware store in Cambridge, Massachusetts, July 8, 2022. WASHINGTON (Reuters) —  U.S. employment increased solidly in June, but government and healthcare services hiring made up about three-quarters of the payrolls gain and the …

People walk on a crosswalk at a business district in central Tokyo, Japan, September 29, 2017. TOKYO (Reuters) — Japan faces a shortage of almost one million foreign workers in 2040 if the government wants to achieve its economic growth goals as the population dwindles, an estimate from a state-bac…

A man looks at an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. SINGAPORE (Reuters) — Asian stocks rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the yen s…

Ernesto Tanmantiong, president and CEO of Jollibee Foods Corp., poses with Jollibee products outside a Jollibee branch in Pasig City, Metro Manila, the Philippines, July 30, 2019. (Reuters) — The Philippines’ biggest fast-food chain Jollibee Foods will acquire a majority stake in South Korea&…

Oil tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia, Aug. 12, 2022. SINGAPORE (Reuters) — Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwind…

A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., Aug.19, 2022. WASHINGTON (Reuters) — U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawin…

A pharmacist holds a bottle OxyContin made by Purdue Pharma at a pharmacy in Provo, Utah, May 9, 2019. WASHINGTON (Reuters) — The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsui…