Business

SACRAMENTO, Calif. (AP) — New homes built in California starting in 2026 need to be powered by all-electric furnaces, stoves and other appliances if California is to meet its ambitious climate change goals over the next two decades, according to a state pollution-reduction plan released Tuesday. Th…

WASHINGTON (Reuters) — U.S. consumer price growth slowed sharply in April as gasoline prices eased off record highs, suggesting that inflation has probably peaked, though it is likely to stay hot for a while and keep the Federal Reserve’s foot on the brakes to cool demand. That aspect was rei…

NEW YORK (AP) — Some small businesses are still struggling to hire qualified workers, even as Americans return to the U.S. job market in droves. Hiring and retaining employees remains the top challenge for small businesses, according to a survey of 1,100 businesses by Goldman Sachs 10,000 Small Bus…

(HANMI) — The Hotel Association of the Northern Mariana Islands  reported 24% average occupancy rate among its 12 member hotels for April 2022, compared to an 8% average occupancy in April 2021. A total of 10,406 of 43,810 available room nights were sold during April 2022 compared to 2,811 of 34,16…

(Press Release) — Democratic gubernatorial candidate Christina “Tina” Sablan and running mate Leila Fleming Staffler are inviting small business owners and entrepreneurs to share their experiences and join them for a cup of coffee on May 11, 12, and 17.  “Small businesses are the backbone of a heal…

(Reuters) — Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets. Bitcoin, which makes up for nearly 40% of the crypto mark…

HAGÅTÑA (BoG) — Bank of Guam is proud to announce that Kazzandra Ruaro, Bank Secrecy Act  and Anti-Money Laundering Support Manager, has earned the Certified Anti-Money Laundering Specialist certification. This credential is the gold standard in Anti-Money Laundering certifications and recognized i…

WASHINGTON (Reuters) — The U.S. Federal Reserve can stick to half point interest rate hikes for the next two to three meetings then assess how the economy and inflation are responding before deciding whether further rises are needed, the Atlanta Fed president said. The half point increase approved …

(Society for Human  Resource Management) — The SHRM CNMI chapter will host a general membership meeting at the Regency Ballroom of Hyatt Regency Saipan on Thursday, May 26, 2022, starting at 8 a.m. Doors will open at 7:30 a.m. This meeting will feature the  CW-1 touchback provisions  as presented b…

(Reuters) — Wall Street’s main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation. The tech-heavy Nasdaq registered its lowest close since 2020, notching a fifth straight w…