Business

NEW YORK (Reuters) — As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long U.S. stock market rally that followed a vicious first-half selloff. Even after Tuesday’s sharp fall, the S&P 500 remained up 7% from its June…

WASHINGTON (Reuters) — Ahead of a crucial midterm election,  President Joe Biden is leaning heavily on one man, moderate Republican and Federal Reserve Chair Jerome Powell, to tackle the top issue worrying voters: inflation. For much of American history, the president relying on stewardship of the …

HONG KONG (Reuters) — Asian shares wobbled on Tuesday and bonds were firm as a profit warning from Walmart put consumption and company earnings under a cloud ahead of what is likely to be another sharp U.S. interest rate hike. MSCI’s broadest gauge of Asia stocks outside Japan meandered just …

LONDON (Reuters) — Russia’s cut in supplies through its main gas pipeline to Germany will leave countries unable to meet goals to refill storage and Europe’s biggest economy faced with rationing industry to keep its citizens warm during the winter months. Politicians in Europe have repe…

SINGAPORE (Reuters) — The dollar was on a firm footing on Monday, as traders brace for a sharp U.S. interest rate hike this week and look for safety as data points to a weakening global economy. The greenback was up slightly against most majors early in the Asia session, trading at $1.0195 on the e…

TOKYO (Reuters) — Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the U.S., the world’s biggest oil user, may limit fuel demand growth. Brent crude futures for September settlement dropped 48 cents, …

TOKYO (Reuters) — Asian stocks lost ground on Monday, retreating from over three-week highs as worries about a global economic downturn sapped investors’ risk appetite. Bond yields eased amid bets that a U.S. recession would slow the Federal Reserve’s aggressive tightening campaign, wit…

(BoH) — Bank of Hawai‘i is now accepting applications for the I Kinometi Para I Kumunidåt I Islå-ta Small Business Revitalization and Development Grant for projects that stimulate small business development and economic activity on Saipan. Small business owners with a successful track record in bus…

NORTHERN Marianas College announced that Nadine Deleon Guerrero has been named as network director of the CNMI Small Business Development Center. Formerly the chairperson of the CNMI Cannabis Commission Board, Deleon Guerrero joins the NMC family with more than 22 years of experience in the public …

(Press Release) — Docomo Pacific, regional leader in innovation, telecommunications, & entertainment, opens retail store in the FPA building, offering connectivity options to the people of Tinian. Starting Friday, July 22, 2022, all residents and visitors of Tinian are welcome to visit the new …