Business News

The Federal Reserve building in Washington, D.C., Jan. 26, 2022. WASHINGTON (Reuters) — Federal Reserve officials appear on track to end the year with interest rate hikes as a thing of the past but with a coming challenge over when and how to signal a turn to rate cuts that investors, politicians a…

University of Guam officials signed a memorandum of understanding on Nov. 27, 2023, with Cabras Marine Corp. to open paid internships for qualified UOG students. From left, Dr. Sharleen Santos-Bamba, UOG interim senior vice president and provost; Dr. Anita Borja Enriquez, UOG president; Joseph L. C…

A man is reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2023. HONG KONG (Reuters) — Asian stocks rose on Thursday to clock their strongest performance in 10 months, as investor sentiment warmed on a relatively benign global interest rates outlook and s…

An employee hiring sign is seen in a window of a business in Arlington, Virginia,  April 7, 2023.  WASHINGTON (Reuters) — The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned as higher borrowing costs curb hiring and spending. Gross dome…

Jay Higashi HONOLULU, Hawaii — Coffman Engineers congratulates Honolulu fire protection engineering principal Jay Higashi, PE, on his 30-year career milestone. Jay is a principal specializing in the design of fire protection systems for state, military, and commercial facilities. He plays a vital r…

A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. SYDNEY (Reuters) — Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and …

Gov. Arnold I. Palacios and other CNMI officials look on as Dr. Tan Siu Lin and other Tan Holdings executives slice a cake during the first anniversary celebration of Crowne Plaza Resort on Wednesday. Former Gov. Ben Fitial, left, a long-time former Tan Holdings executive, and former first lady Jos…

Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence Insight Forum for all U.S. senators at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. (Reuters) — Sam Altman’s return as OpenAI’s chief executive will strengthen his grip on the startup and …

Joaquin P.L.G. Cook HAGÅTÑA (BoG) — The American Bankers Association has selected Joaquin P.L.G. Cook, president and chief executive officer of Bank of Guam, to serve on ABA’s Community Bankers Council. Cook joined community bankers from around the country at the ABA Community Bankers Council mee…

A passerby walks past an electric monitor displaying various countries’ stock price index outside a bank in Tokyo, Japan, March 22, 2023. SINGAPORE (Reuters) — Asian shares climbed to fresh two-month highs on Tuesday, taking cues from a rally on Wall Street while the dollar languished near it…