Business News

CITY OF INDUSTRY, Ca. (USDOL) — The U.S. Department of Labor has obtained a consent judgment in a federal court ordering a City of Industry meat processor and a Downey staffing agency to surrender $327,484 in illegal profits made from sales of products associated with oppressive, exploitative child…

A woman shops in a supermarket in Los Angeles, California, June 13, 2022. WASHINGTON (Reuters) — U.S. consumer confidence eased slightly in June amid worries about the economic outlook, but households were upbeat about the labor market and their inflation expectations over the next year improved a …

A view of the Phillips 66 Company’s Los Angeles Refinery, foreground, which processes domestic and imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal, background, at sunset in Carson, California, M…

A “For Sale” sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, May 14, 2021. WASHINGTON (Reuters) — U.S. existing home sales fell for a third straight month in May as record-high prices and a resurgence in mortgage rates sidelined potential…

Tupu Cane Juice is the latest company to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. More information about their special  promotion for ProaPerks card holders can be found at www.marianas.edu/proaperks/. (NMC) — Tupu Cane Juice has rec…

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. SINGAPORE (Reuters) — Oil prices eased slightly during trade on Wednesday but held near their highest levels in seven weeks, as the market weighed concerns over escalating conflicts against demand worries followin…

Traders work on the floor at the New York Stock Exchange in New York City, May 8, 2024. REUTERS (Reuters) — The S&P 500 and the Dow rose on Tuesday following softer-than-expected U.S. retail sales numbers, with focus on commentary from a slew of Federal Reserve officials later in the day. Data …

Bank of Guam is honored to partner with Federal Home Loan Bank of Des Moines in presenting a Member Impact Fund grant to WestCare Pacific Islands. This grant will assist individuals in obtaining and maintaining permanent housing along with support their homeless support services programs including …

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) — Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “…

Japanese yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. NEW YORK (Reuters) — The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of its meeting on Wednesday. …