Business

The Federal Reserve Building stands in Washington on April 3, 2012. WASHINGTON (Reuters) — The Federal Reserve on Wednesday will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, b…

Boeing factory workers and supporters gather on a picket line during the third day of a strike near the entrance to a Boeing production facility in Renton, Washington, Sept. 15, 2024. SEATTLE (Reuters) — Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more tha…

Federal Reserve Chair Jerome Powell appears before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., July 9, 2024. LONDON (Reuters) — When the Federal Reserve delivers a widely a…

Shoppers show up early for the Black Friday sales at the King of Prussia shopping mall in King of Prussia, Pennsylvania, Nov. 26, 2021. WASHINGTON (Reuters) — U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year …

GOODIES, the newest coffee shop on Beach Road, lives up to its name by offering special gifts and other novelty items while serving freshly brewed coffee, other mood-enhancing drinks and cookies. Located next to Hardt Eye Clinic, Goodies overlooks the picturesque Saipan lagoon. It sells unique gift…

The logo of Nippon Steel Corporation is displayed at the company headquarters in Tokyo, Japan on May 1, 2019. WASHINGTON (Reuters) — A top Nippon Steel executive and U.S. Steel’s CEO are meeting with senior U.S. officials on Wednesday in an effort to salvage Nippon’s $14.9 billion bid f…

The Tinian Cattlemen’s Association partnered with the University of Hawaii in conducting a two-day Beef Quality Assurance certification training. TINIAN  — The Tinian Cattlemen’s Association is partnering with the University of Hawaii to offer a two-day Beef Quality Assurance or BCA cer…

The Wall Street bull is seen in the financial district in New York, March 7, 2017. NEW YORK (Reuters) — Wall Street is anticipating a hit to corporate earnings and the stock market if Democratic presidential candidate Kamala Harris wins in November and enacts promised tax increases. Tax policy has …

An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. SAN FRANCISCO (Reuters) — Apple is set to unveil its iPhone 16, focusing on how its flagship device’s features are infused with artificial intelligence, but it could be upstaged by a triple-folding smartphone release…

A Wall Street sign is pictured outside the New York Stock Exchange, New York City, April 16, 2021. NEW YORK (Reuters) — Uncertainty over the U.S. economy’s health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserv…