Business & Money

This is second quarter shipments between islands. This only shows inbound shipments, which tend to be more than double outbound shipments. CPEs, or container/platform equivalents Kahului 8,448 -4% Hilo 6,726 +9% Nawiliwili 5,052 -2% Kawaihae 3,964 -...
Stanford Carr is negotiating to take over a state housing project in Keahu-olu, above Kailua-Kona. The original developer, Forest City, is pulling out. Conversion to a real estate investment trust altered the economic dynamics of the project....
Statewide unemployment fell another tenth in July, to a seasonally adjusted 2.7%. Without seasonal adjustment the rate was 2.5%. Either way it’s down from month-before and year-before.   JULY JOBLESS RATES Without seasonal adjustment (Year-ago rates...
American consumer debt is at a record high. But not compared to consumer income. A headline in the Washington Post reports this and adds, "Haven't we learned?" Well, the answer is, actually, yes, we have learned. Debt as a percentage of GDP is only...
The Korean crisis – over or not – was pretty scary for Guam, the purported target. And the talk on Guam is, maybe it's time we became an actual state. One person, one vote, is so fundamental an American principal that no American is ever entirely...
You may have heard about a federal report that calculates the role of tips in total income in restaurants. It depends on the job. Perhaps we didn't all know how much tips count for, if you're waiting tables or serving drinks. Some wait persons share...
3 months 1 week ago | Hawaii News Now - SmartMoney
These days, people are always on the go. From work to taking the kids everywhere to grocery shopping, life just doesn't stand still anymore.  We've all heard about mobile banking from your phone, but you don't have to be a tech geek to use mobile...
North Korea's biggest export by monetary value is coal, which is used by China. But second biggest, $752 million last year, a quarter of all North Korean exports – is clothing.  And you could be wearing it. Chinese traders buy clothes that say "Made...
Before looking into this, I would have told you that one of the richest men in history was John Jacob Astor. He made his fortune in the fur trade in the early 1800s. But it turns out he was worth only $600 million in today's dollars. Bill Gates is...
The New York Times published an op-ed piece called, "Our Broken Economy, in One Simple Chart."  This is not a timeline, it's an income line. Poorest on the left, wealthiest on the right. The lighter line shows what things were like in 1980; the red...
Forbes says 225 private-held companies collectively take in annual revenue of $1.57 trillion and they have 4.7 million employees. We'll look at the eight largest. Cargill would rank bigger than AT&T if it were a public company. Cargill alone...
Market research shows some websites are really good at reaching certain people. These are excerpted from much longer lists - including sites you may never have heard of.  Ignoring those, these charts have singled out sites you probably do know....
3 months 2 weeks ago | Hawaii News Now - SmartMoney
There's so much paperwork involved in getting financially organized. Where do you even get started? One way to reduce all that financial paperwork is to reduce the paper itself – by using digital files and statements. By switching from paper...
The Dow has 30 component stocks and every stock is its own story. We saw that last week when Apple soared, other stocks fell, so the Dow barely moved. And Trump? His main effect has been his promises to do stuff that could affect profits. A chart by...
The Visual Capitalist did this excellent chart. Each person represents 1 million Americans. Most of us get medical insurance through our employer – 156 million people. That's more than double the next group – 62 million getting coverage through...
The new Matson second quarter profit report counts container volume by region. The count is done by TEUs, which stands for 20-Foot Equivalent Units. That means two 10-foot containers count as one TEU. Got it? If you thought Matson’s main business...
From 2010 to 2015, the Affordable Care Act, a.k.a. Obamacare, put 19 million uninsured Americans onto the rolls of the insured. The various versions of Republican repeal-and-replace, none of them law yet, would generally remove the requirement to...
3 months 3 weeks ago | Hawaii News Now - SmartMoney
When people are on vacation, they get pretty relaxed and can let their guard down. So what are some ways people can protect their money while they're vacationing? The most important thing is to carefully select the payment method you'll use on...
The big economic story is a consultant's report on the state pension fund. The state is pouring in hundreds of millions, and it's not enough. PFM Group says if taxes are not raised, the state will soon find itself owing $1 billion a year just for...
Last month, there were 4.5% more visitors, staying 3.7% more days, spending 3.7% more money.

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