Business

(Reuters) — United Parcel Service Inc shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled e-commerce boom may be fading. The company said second-quarter domestic volume fell 2.9%, with ground —  composed largely of e-commerce deliveries — dropping 4% versus t…

WASHINGTON (Reuters) — U.S. consumer confidence hovered at a 17-month high in July, suggesting the economy maintained its strong growth clip at the start of the third quarter. The Conference Board said on Tuesday its consumer confidence index was little changed at a reading of 129.1 this month, the…

WASHINGTON (Reuters) — The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for a number of developing countries struggling with surging Covid-19 infections. The di…

CHICAGO (Reuters) — Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others were also considering jumping ship, but co-owner Glen Calder said the South Carolina-based construction machinery company managed to persuade them to stay by promising…

(NMC) — Fishing Tackle and Sporting Goods 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 20% discount on all regularly priced items (items on…

WASHINGTON/SAN FRANCISCO (Reuters) — A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from sorting out its problems, may be headed for more inflation-inducing …

WASHINGTON (Reuters) — The U.S. Trade Representative’s office on Friday said it had determined that no tariff action against Vietnam was warranted after its central bank agreed with the U.S. Treasury not to manipulate its currency for an export advantage. In a statement, USTR said it found th…

WASHINGTON (Reuters) — The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close. In June, officials launched the discu…

NEW YORK (Reuters) — The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is set to report quarterly res…

(Special Advertising Feature) — Kensington Hotel Saipan is resuming everyday operation starting Friday, July 23, 2021. After more than a year of special operation, Kensington is ready to welcome and accommodate local guests on a daily basis with fascinating amenities and WOW service. These include …