Business

SYDNEY (Reuters) — Australia on Monday fully reopened its international borders to travelers vaccinated against the coronavirus after nearly two years of pandemic-related closings as tourists returned and hundreds of people were reunited with family and friends. More than 50 international flights w…

NEW YORK (Reuters) — A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices. U.S. crude prices stand at around $91 a barrel after surging some 40% since Dec. 1 and earlier this week touched their highes…

HAGÅTÑA (The Guam Daily Post) —  The Legislature on Friday adopted a resolution supporting the “Native Pacific Islanders of America Equity Act.” Guam Delegate Michael San Nicolas introduced the legislation co-sponsored by his Northern Marianas counterpart, Gregorio Kilili Camacho Sablan…

(Reuters) — Federal Reserve officials on Friday squelched what had been rising market expectations for an aggressive initial response to 40-year-high U.S. inflation, signaling that steady interest rate hikes should be enough to do the trick. “I don’t see any compelling argument to taking a bi…

Hotel Association of the NMI Chairman Ivan Quichocho, right, and Board Secretary Martin Jambor, second left, present a $1,000 donation to the Saipan Senior Advisory Council on Feb. 14, 2022, in Chinatown, Saipan.  The check was accepted by staff of the Office on Aging on behalf of the council.  Fro…

WASHINGTON (Reuters) — The number of Americans filing new claims for jobless benefits unexpectedly rose last week, but remained at levels associated with tightening labor market conditions. Initial claims for state unemployment benefits increased 23,000 to a seasonally adjusted 248,000 for the week…

THE Commonwealth Healthcare Corporation-Environmental Health Disease Prevention updated its guidance for restaurants and bars to eliminate the requirement for restaurants, bars, businesses that are open to the public, or places of worship to maintain records of temperature screenings and one point …

WASHINGTON (Reuters) — U.S. retail sales rebounded sharply in January amid a surge in purchases of motor vehicles and other goods, but higher prices could blunt the impact on economic growth this quarter. Data for December was, however, revised sharply lower, taking some shine off last month’…

THE CNMI chapter of the Society for Human Resource Management will host a general membership meeting in the Regency Ballroom of Hyatt Regency Saipan on Wednesday, Feb. 23, 2022, starting at 12 noon. Doors will open at 11:15 a.m. This meeting will feature a presentation regarding mental health in th…

(Reuters) — The interest rate on the most popular U.S. home loan surged by the most in nearly two years last week, shooting above the 4% level for the first time since 2019 as financial markets anticipate that the Federal Reserve will respond to the highest inflation in a generation with an aggress…