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News
Fed rate decision still hangs on inflation after jobs report
1+ day, 5+ hour ago (756+ words) A surprise jump in U.S. hiring last month has bolstered the case for the Federal Reserve to raise interest rates when it meets later this month, but a hike is still not guaranteed. Nonfarm payrolls in August topped all estimates in…...
Warsh says inflation isn’t slowing, vows to reach 2% target
1+ week, 1+ day ago (877+ words) Federal Reserve Chairman Kevin Warsh warned that inflation isn’t meaningfully slowing and said policymakers must be confident that it is. Otherwise, the central bank has “work to do.” In a sweeping speech, his first since becoming chairman of the central…...
Fed faces new pressure to hike rates as price risks rebound
1+ mon, 1+ week ago (798+ words) These cookies are used by us and our advertising partners to show you relevant ads on this site and elsewhere, and to measure how those campaigns perform. For 16 years, Larry Gruber, a fitness coach from Wilton Mano… Roundabouts have emerged…...
Southwest CEO signals higher fares may stay after fuel spike
3+ mon, 5+ day ago (454+ words) FARE WARNING: Southwest Airlines CEO Bob Jordan says recent airfare increases may remain in place even if jet fuel prices eventually decline, citing the airline industry's focus on maintaining sustainable margins. Southwest Airlines/TNS Airline jet fuel prices will eventually…...
Warsh’s Fed ‘regime change’ may require patience, consensus
3+ mon, 1+ week ago (1013+ words) Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to how much he can revamp on his own - and that even in areas where he…...
GPA proposal could raise monthly bills nearly $60 | Local News | postguam.com
3+ mon, 2+ week ago (642+ words) BENAVENTE: Guam Power Authority General Manager John Benavente speaks during a GPA work session at the Gloria B. Nelson Public Service Building in Mangilao on Thursday, May 21, 2026. Frank San Nicolas/The Guam Daily Post WORK SESSION: The Consolidated Commission on Utilities…...
Stocks drop, oil jumps as Mideast war persists
4+ mon, 3+ week ago (663+ words) Israeli Prime Minister Benjamin Netanyahu has demanded the dismantling of Hezbollah's weapons Ras Laffan Industrial City is Qatar's principal site for production of liquefied natural gas. Seen here in 2017, it came under attack on Thursday, raising worries about supplies even…...
GCC's fiscal discipline highlighted in budget talks
4+ mon, 3+ week ago (807+ words) BUDGET TESTIMONY: Guam Community College Interim President Virginia C. Tudela testifies during a budget hearing on Bill 266-38 at the Guam Congress Building in Hagåtña on Thursday, April 9, 2026. Frank San Nicolas/The Guam Daily Post BUDGET HEARING: Senators of the 38th Guam Legislature…...
We have the authority to build our economy
5+ mon, 1+ week ago (201+ words) BPT: The business privilege tax branch is seen at the Department of Revenue and Taxation on Friday, Feb. 6, 2026, in Barrigada. Paul Charfauros/The Guam Daily Post As we move forward to reduce the gross receipts tax from 4.5% to 4%, while maintaining…...
US Fed's preferred inflation gauge edges down
5+ mon, 3+ week ago (517+ words) The United States is grappling with stubbornly high post-pandemic inflation The US Federal Reserve's preferred inflation gauge came in slightly lower than expected in January, registering 2.8 percent growth over a year ago, according to data released Friday ahead of a…...