Business

(NMC) — Coral Ocean Resort Saipan is the latest company to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive: • An exclusive special room only rate of $149 (tax inclusive)…

NEW YORK (Reuters) — Wall Street resumed its slide on Thursday, ending in the red as inflation hit a four-decade high, cementing expectations that the U.S. Federal Reserve would hike key interest rates at the conclusion of next week’s monetary policy meeting to prevent the economy from overhe…

(Reuters) — Wall Street’s main indexes rallied on Wednesday as investors piled into banking and technology sectors that have suffered sharp losses this week on concerns about the fallout from the Ukraine crisis, with sentiment lifted by a fall in oil prices. Ten of the 11 major S&P sector…

WASHINGTON (Reuters) — U.S. job openings fell in January, but remained near record highs as worker shortages persist, a report showed on Wednesday. Job openings, a measure of labor demand, dropped 185,000 to 11.263 million on the last day of January, the Labor Department said in its monthly Job Ope…

NEW YORK (Reuters) — McDonald’s Corp said on Tuesday it would temporarily close all 847 of its restaurants in Russia including its iconic Pushkin Square location, increasing pressure on other global brands to pause operations in the country following Moscow’s invasion of Ukraine. The cl…

THE Hotel Association of the Northern Mariana Islands reported 24% average occupancy rate among its 12 member hotels for February 2022, compared to 5% average occupancy in February 2021. A total of 9,767 of 41,093 available room nights sold during February 2022, compared to 1,853 of 34,849 availabl…

WASHINGTON (Reuters) —  President Joe Biden was expected to announce a ban on Russian oil in remarks at 10:45 a.m. (1545 GMT) on Tuesday, sources familiar with the matter said. The White House said Biden was scheduled to announce more actions on Tuesday morning against Russia over its Feb. 24 invas…

WASHINGTON (Reuters) — One-year U.S. inflation expectations have rocketed higher since Russia’s invasion of Ukraine and the longer-term outlook has begun increasing as well, a development likely to be watched closely by the Federal Reserve as it battles to keep price pressures under control. …

(Reuters) — Russia’s invasion of Ukraine has dashed any hope U.S. consumers might have had for relief from sky-rocketing inflation, with gasoline prices in the last week surging by the most in nearly 17 years and costs of other goods like food ready to march higher as well. Even before the in…

(Reuters) — Wall Street’s main indexes fell sharply on Monday, with the Nasdaq Composite confirming it was in a bear market, as the prospect of a ban on oil imports from Russia sent crude prices soaring and fueled concerns about rising inflation. Nasdaq ended down 20.1% from its Nov. 19 recor…