Business News

Traders work on the floor of the New York Stock Exchange in New York City, Aug. 15, 2023. (Reuters) — Wall Street’s main indexes fell on Tuesday as Treasury yields rose following hotter-than-expected economic data, while chipmakers fell after the Biden administration said it was halting shipm…

A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. TOKYO (Reuters) — Crude oil held above $90 a barrel, equities slid and the safe-haven dollar was firm on Monday amid heightened anxi…

Israeli tanks are seen in the aftermath of a mass infiltration by Hamas gunmen from the Gaza Strip, in Kibbutz Beeri in southern Israel, Oct. 14, 2023. WASHINGTON (Reuters) — The Israeli-Hamas war has sharpened focus on rising geopolitical risks for financial markets, as investors wait to see if th…

WASHINGTON (Reuters) — U.S. consumer prices rose in September as rental costs surged, but a steady moderation in underlying inflation pressures supported financial market expectations that the Federal Reserve would not raise interest rates next month. The report from the Labor Department on Thursda…

Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina, Jan. 21, 2019. (Reuters) — Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. Brent crude rose 25 cents, or 0.3%, t…

Robotic arms assemble cars in the production line for Leapmotor’s electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. MARRAKECH, Morocco (Reuters) — The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall…

A pump is seen at a gas station in Manhattan, New York City, Aug. 11, 2022. SYDNEY (Reuters) — U.S. stock futures slid on Monday as the military conflict in the Middle East lifted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in…

Team Pacifica Insurance Underwriters Inc. celebrated National Customer Service Week last Friday and sported the color pink in an effort to bring awareness of the disease affecting countless women and their families during National Breast Cancer Awareness Month. In the photo are staff members, from …

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia, Oct. 12, 2019. HOUSTON (Reuters) — Oil prices dipped on Thursday as an uncertain demand outlook overshadowed an OPEC+ decision to maintain oil output cuts, keeping supply tight. Brent crude oil futures fell 68 cent…

SUVA (FBC News/Pacnews) — The Fiji tourism industry is witnessing a notable rise in the number of visitors arriving from China. The Fiji Chinese Association attributes this increase to factors such as overpopulation and infrastructural development in the East Asian country. The Fiji Chinese Associa…