Business

WASHINGTON (Reuters) — New orders for key U.S.-made capital goods rose solidly in March and shipments surged, cementing expectations that economic growth accelerated in the first quarter as massive government aid and improving public health boosted demand. The report from the Commerce Department on…

(Reuters) — When Facebook Inc reports first quarter earnings on Wednesday, investors will be preoccupied with how a new pop-up privacy notification on Apple’s iPhones will affect the second quarter. A full-screen notification will begin to appear on iPhone apps on Monday that will ask users i…

TOKYO/LONDON/NEW YORK (Reuters) — Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets. News reports on Thursday said the Biden administration is planning a raft of pro…

WASHINGTON (Reuters) — U.S. factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy leads to a boom in domestic demand, which could slow momentum in the months ahead. The flow of strong economic data …

NEW YORK (Reuters) — Some of Wall Street’s biggest names are predicting a pause in a rally that has taken the S&P 500 to fresh records this year, leaving investors trying to determine whether to lock in some of the breathtaking gains or stay the course. Among the most recent has been Gold…

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in April as a re-opening economy unleashes pent-up deman…

(NMC) — Salty’s Grill and Cafe 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 10% off on any food purchase. Salty’s Grill and Cafe is n…

LONDON (Reuters) — Oil prices bucked the downward trend of recent days to rise on Thursday after the European Central Bank announced stimulus would keep flowing to counter the economic impact of the pandemic while the dollar edged lower. Brent crude futures rose 38 cents, or 0.58%, to $65.70 a barr…

HONOLULU (AP/Pacnews) — Hawaii officials will allow state residents who have been fully vaccinated against the coronavirus to skip pre-travel testing and quarantine requirements for flights between islands. Hawaii becomes the second state in the nation after New York to implement a vaccination veri…

PAPE’ETE (RNZ Pacific/Pacnews) — French Polynesia is to re-open its border at the end of next week, allowing the resumption of quarantine-free air travel from and to the United States. The borders were ordered to be closed by Paris in February after France faced another worsening of the Covid…