Business & Money

Hiring is up and unemployment is low. But hiring is up OR down depending on which KIND of job you’re talking out. Look at certain June job counts compared to the same time LAST year. Hotels and Food Service 115,300 (110,700) +4,600 Healthcare 72,100...
Hawaii's jobless rate rose one tenth last month to a seasonally adjusted 2.1%. Without adjustment every island saw an increase from May but none was higher than a year ago. We told you Hawaiian Airlines is hiring customer service and ramp agents....
Keep in mind, for the long-term health of the economy, it's enough for wages to rise. They have to rise more than inflation, until consumer buying power is what it used to be. Indicators that wages could rise + Ratio of job openings to job seekers:...
If fuel prices soar and travel declines, you may feel the two trends are correlated. But without proof of cause-and-effect, correlations should not be automatically accepted. A fact-checking group called Spurious Media decided to demonstrate. It...
President Trump has gotten condemnation for his news conference with Vladimir Putin. But how much of that is just politics? 
1 month 1 day ago | Hawaii News Now - SmartMoney
In this week's SmartMoney Money, we will  be talking about Christmas in July and how to start saving money today for holidays. By shopping now, people can deck their bank account with a lot more savings this Christmas. It's estimated that early bird...
CBRE says retail employment is ebbing and vacancy is rising as we shop more online. But vacancy is actually still pretty low at almost every kind of retail. 8 Regional Malls: 7.4m sq. ft., 4%. (Pearlridge.) 24 Specialty Centers: 2.3m sq. ft., 7%. (...
Here's a milestone in rebuilding from the Puna lava – the Small Business Administration reports its lending in the disaster zone has already topped $10 million – actually $10.2 million. About $1 million has gone to businesses, the rest to residents...
These figures are from the June report, concluding a 12-month budget cycle. Excise taxes: $3,395,566,000 +4.8%. Income taxes: $2,491,942,000 + 13.7%. Corporate income taxes: $69,012,000 -10.1%. Transient Accommodations Tax: $554,890,000 +9.2%...
1 month 1 week ago | Hawaii News Now - SmartMoney
Welcome back to Smart Money Mondays. Today we're going to find out one of the most enjoyable and affordable times of year to travel, and it may not be when you think. It's not your typical travel season. It's fall. Fall travel is usually less...
Households Earning Less than Half the Median Income 7% France, Netherlands, Finland 8% S. Korea, Norway, Sweden 9% Germany, New Zealand, Ireland...
China is retaliating for Trump trade tariffs. The U.S. Chamber of Commerce, usually very pro-Trump, is against the new tariffs. It's been circulating state-by-state information on exports impacted. In this chart, the darkest color represents states...
1 month 2 weeks ago | Hawaii News Now - SmartMoney
Retirement isn't just something that just happens when you reach a certain age, it is something you have to plan for carefully. People retire at different ages and for different reasons. The more you plan, the more enriching your retirement can be....
Oahu has 14.6 million square feet of office space, but rents and vacancy rates vary a whole lot. Central Business District: 7 million sq. ft., 17% vacancy...
As the jobless rate has fallen, it has been suggested that part of that is people dropping out of the work force altogether. They're not counted as unemployed because they're not looking for work. A researcher for Deutschebank noticed something...
Waikiki 84% (82%) $222 +4% Other Oahu 80% (76%) $246 +3% Luxury Only 67% (64%) $462 +3% Wailea 86% (84%) $509 +9% West Maui 74% (76%) $284 +5% Other Maui 78% (76%) $410 +13% Luxury Only 79% (76%) $558 +11% Kohala Coast 64% (70%) $337 +12%...
It sounded like a joke: all city services were interrupted because the uninterruptible power supply was interrupted. But that’s apparently what happened. And it could happen to you. An uninterruptible power supply, or UPS, takes the outside electric...
1 month 3 weeks ago | Hawaii News Now - SmartMoney
It's getting close, and back to school is an exciting time, but it can also be an expensive one, which also means back to spending time for mom and dad.  Americans will spend approximately $75 billion this year shopping for back to school items. So...
We’ve gotten more than 30,000 arrivals every day but one since June began. Extrapolating from that, we went over 700,000 June arrivals on Friday morning, and topped 800,000 last night. Every day, Honolulu airport alone welcomes more visitors than...
It's time for Howard's Illustrated Economics. This morning, more on the world's millionaires. 

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