Business

(Reuters) — The Omicron coronavirus variant kicked oil prices lower late last week and has sapped refining margins, but with crude futures rallying on Monday, the impact could be limited. Governments worldwide have imposed curbs on travelers to try limit the spread of Omicron, first detected in sou…

(Reuters) — Cryptocurrencies survived one of the largest market shocks since the earliest days of the pandemic last week, with El Salvador a notable dip buyer, while investors decided not to share Adidas’ excitement over a foray into the buzzy metaverse. El Salvador’s plans to build the…

TOKYO (Reuters) — Bank of Japan Governor Haruhiko Kuroda on Monday voiced confidence the country’s economy will overcome the impact of the coronavirus pandemic in coming months due to dramatic progress made in vaccinating the population. “I’m quite sure the Japanese economy would …

NEW YORK (Reuters) — Covid-19 has resurfaced as a worry for investors and a potential driver of big market moves after a new variant triggered alarm, long after the threat had receded in Wall Street’s eyes. Worries about a new strain of the virus, named Omicron and classified by the World Hea…

(Reuters) —  Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant, could …

(NMC) — Mermaid Restaurant & Milk Tea 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 a free milk tea drink after purchasing 10 drinks. They…

(Reuters) — The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve sites to be delivered between late-December and April 2022, the Department of Energy or DOE said as it auctions oil to try to lower global prices. International oil prices have held above $80 a…

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits dropped to a 52-year low last week, suggesting economic activity was accelerating as a year ravaged by shortages, high inflation and an unrelenting pandemic draws to a close. The plunge in claims reported by …

WASHINGTON (Reuters) —  The number of Americans filing new claims for unemployment benefits dropped to a 52-year low last week, suggesting economic activity was accelerating as a year marked by shortages, high inflation and an unrelenting pandemic draws to a close. The plunge in claims reported by …