Business

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits unexpectedly rose in the first week of January amid raging Covid-19 infections, but remained at a level consistent with rapidly tightening labor market conditions. Other data on Thursday suggested the worst o…

NEW YORK (Reuters) — The sexy sheets copywriter Jess Morgan enjoys with her husband Grant are not just in their bedroom. His financial spreadsheets turn her on to his seriousness about building a life together. Meticulous columns record the Bainbridge Island, Washington-based couple’s search …

WASHINGTON (Reuters) —  U.S. consumer prices rose solidly in December, with the annual increase in inflation the largest in nearly four decades, which could bolster expectations that the Federal Reserve will start raising interest rates as early as March. The consumer price index increased 0.5% las…

BEIJING (Reuters) — China’s central bank is set to unveil more easing steps to support slowing growth, though it will likely favor injecting more cash into the economy than cutting interest rates too aggressively, policy insiders and economists said. While some analysts think modest rate cuts…

(HANMI) — The Hotel Association of the Northern Mariana Islands reported 35% average occupancy rate among its 12 member hotels for December 2021.  The figure is seven times higher compared to December 2020, with 15,984 room nights sold this December compared to 2,127 rooms last December. The occupa…

WASHINGTON (Reuters) — High inflation and a strong recovery will require the Federal Reserve to raise interest rates at least three times this year, beginning as soon as March, and warrant a rapid rundown of Fed asset holdings to draw excess cash out of the financial system, Atlanta Fed President R…

LONDON (Reuters) — Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of nearly 1,000 business, government and academic leaders found, with only one in six optimistic about the world outlook. Climate change was seen as th…

LONDON (Reuters) — Oil prices were little changed on Monday as concerns over oil supply from Kazakhstan and Libya were offset by demand fears stoked by the rapid global rise in Omicron coronavirus infections. Brent crude fell 11 cents, or 0.1%, to $81.64 a barrel at 1442 GMT while U.S. West Texas I…

(Reuters) — Royal Caribbean Cruises Ltd has paused some of its cruise operations amid rising numbers of Covid-19 infections due to the Omicron variant. The sailings of three ships — Serenade of the Seas, Jewel of the Seas, Symphony of the Seas — have been paused while the return of its Vision of th…

HAGÅTÑA (UOG) — The grand opening of Guam Green Growth or G3 Circular Economy Makerspace and Innovation Hub set for Thursday, Jan. 13, has been postponed until further notice due to the rise in Covid-19 cases on island. However, small group tours of the facility are still possible by emailing Myrac…