Business News

Federal Reserve Board Chairman Jerome Powell arrives to hold a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, D.C., Nov. 1, 2023. WASHINGTON (Reuters) — The Federal Reserve held interest rates st…

Federal Reserve Chairman Jerome Powell speaks during a meeting of the Economic Club of New York in New York City, Oct. 19, 2023. WASHINGTON (Reuters) — Throughout its two-year battle with inflation, the Federal Reserve has tried to squeeze consumers hard enough through higher interest rates that th…

An employee works on solar panels at the QCells solar energy manufacturing factory in Dalton, Georgia, March 2, 2023. WASHINGTON (Reuters) — U.S. labor costs increased solidly in the third quarter amid strong wage growth, the latest indication that the Federal Reserve could keep interest rates high…

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. (Reuters) — General Motors and the United Auto Workers union have reached a tentative agreement, two sources familiar with the matter told Reuters, effectively ending the first simultaneous st…

(AK) — Atkins Kroll, an Inchcape Company, announces the appointment of Clark Boswell as vice president and general manager for Atkins Kroll Saipan effective October 16, 2023. Boswell served as AK Saipan VP and GM July 2018 to February 2021. During his leadership Toyota maintained its position as ma…

IT&E celebrated the rebranding of its Enterprise services at a mixer with clients held at the Guam Museum on Oct. 24, 2023. Pictured from left are Latara P. Sasamoto, Enterprise Sales Account Manager at IT&E; Jimson Dator, Senior Executive Director of Sales at IT&E; Jim Oehlerking, Pres…

LONDON/SINGAPORE (Reuters) — Bitcoin rose 6% on Tuesday to $35,198, its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent. That followed a 10% surge on Monday, when bitcoin posted its best day in almost a year, and the bullishness spread a…

Traders work on the floor of the New York Stock Exchange in New York City, Oct. 20, 2023. (Reuters) — The S&P 500 and the Nasdaq touched near five-month lows on Monday as the yield on the benchmark U.S. 10-year Treasury note hit the crucial 5% mark, while investors awaited earnings from the wor…

NEW YORK (Reuters) — U.S. stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate hikes and the Israel-Hamas conflict spreading. The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index’s 11 sectors ended lower in broad-ba…

Surfrider Resort Hotel General Manager Keith Ahn, center, and his award-winning team received the prestigious 2023 KAYAK Travel Award by being ranked in the top three percent of properties on the renowned travel search platform, KAYAK, based on outstanding reviews from travelers. SURFRIDER Resort H…