Business

NEW YORK (Reuters) — Side-by-side declines in U.S. equity and fixed income markets are pushing investors into cash, commodities and dividend-paying stocks as geopolitical uncertainty and worries over a hawkish Federal Reserve rock asset prices. With the first quarter of 2022 winding down, the S&…

WASHINGTON (Reuters) — A measure of U.S. business activity increased to an eight-month high in March, fueled by strong demand for both goods and services, but Russia’s war against Ukraine hurt sentiment. S&P Global said on Thursday its flash U.S. Composite PMI Output Index, which tracks t…

McDONALD’S of Saipan has recognized Jessa Marie De Jesus and Jay Achondo as its employees of the first quarter based on their ability to demonstrate behaviors that deliver a great experience for customers and their fellow employees. They are always looking for ways to make the experience spec…

WASHINGTON (Reuters) — The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation. The strength in the job market repor…

NEW YORK (Reuters) — When it comes to passing money smarts to children, many parents know where to start. In the beginning, they introduce kids to the concept, giving them small amounts of money like allowances or tooth-fairy gifts to handle. The end goal is a fully-functioning financially responsi…

(Reuters) — U.S. auto retail sales could decline in March as rising inflation hinders spending by customers already limited by slim inventories due to pandemic-led supply shortages, and now the Ukraine crisis, consultants J.D. Power and LMC Automotive said. Supply bottlenecks were showing signs of …

(Reuters) — Battered technology and growth shares have shrugged off rising bond yields to drive a rebound in world stocks as some investors view them as a hedge to inflation against the backdrop of supply-chain snarls and an intensifying war in Ukraine. The NYSE FANG+TM index, which includes the fi…

(Office of the Governor) — The Governor’s State Workforce Development Board convened on March 11, 2022 under the leadership of the newly appointed chairperson, Velma Palacios.  A part of the agenda included the continued eligibility of Northern Marianas College, Guam Marianas Training Center, and t…

(Office of the Governor) — The CNMI Department of Labor-Workforce Investment Agency held business engagement-information sessions on March 2 in Tinian and March 8 in Rota.  Members of the business community, from both public and private sectors, received information on services from the Workforce I…

GRUENHEIDE, Germany (Reuters) — Elon Musk presided over the delivery of Tesla’s first German-made cars to clients at the carmaker’s 5 billion euro ($5.5 billion) Gruenheide plant on Tuesday, marking the start of the U.S. company’s inaugural European hub and the biggest investment …