Latest finance & investment news and updates
While Hawaiʻi's auto loan debt appears stable, recent reports highlight a complex landscape of consumer debt in the state. This article explores the current status of auto loan debt in Hawaiʻi and its potential impact on local businesses and residents.
A recent study reveals that Hawaii faces significant per capita pension debt, placing it among the highest in the nation. This financial burden has implications for the state's economic landscape, affecting entrepreneurs, investors, and the overall business environment.
Hawaii's entrepreneurs are driven by a deep commitment to the islands, and local banks are stepping up to support them. With a focus on community and understanding the unique challenges of operating in Hawaii, these financial institutions are becoming vital partners in local business success.
Hawaii Medical Service Association (HMSA) is reinforcing its dedication to the community with significant investments in local health initiatives. This commitment, totaling $3.4 million, aims to enhance the well-being of Hawaii's residents through various programs and infrastructure developments.
The Federal Reserve's decision to cut interest rates, coupled with Chairman Jerome Powell's cautious outlook, has sent mixed signals to the financial markets. While some sectors, like tech, experienced gains, Hawaii's businesses and investors are left to assess the impact of these developments on the local economy.
The Office of Hawaiian Affairs (OHA) has swiftly responded to the potential financial hardships caused by the federal government shutdown, allocating $6.1 million in emergency funding to support Native Hawaiian beneficiaries. This proactive measure aims to mitigate the impact of the shutdown and ensure that vulnerable families have access to vital resources.
The Office of Hawaiian Affairs (OHA) has allocated $6.1 million in emergency funding to assist Native Hawaiian families facing financial hardship due to the ongoing federal government shutdown. Details regarding eligibility and distribution of funds are expected to be released in early November.
Alaska Air Group's third-quarter profits were impacted by the integration of Hawaiian Airlines, reflecting the complexities of the merger. Despite the challenges, Hawaiian Airlines demonstrated resilience, providing a promising outlook for the combined entity.
Hawaii Medical Service Association (HMSA), the state's largest health insurer, has appointed Jenny Smith as its new President and Chief Operating Officer, effective November 1st. This leadership change comes at a pivotal moment for Hawaii’s healthcare industry, with potential ramifications for businesses, investors, and consumers alike.
HMSA, Hawaii's leading health insurance provider, has named Jenny Smith as its new president and COO, while Dr. Mark Mugiishi continues as CEO. This leadership restructuring comes at a critical time for the healthcare industry in Hawaii, potentially impacting businesses and professionals across the state.
Inflation in the U.S. continues to pose challenges for businesses, inching up to 3% in September amidst the backdrop of potential interest rate cuts and the ongoing impact of tariffs. This economic climate requires careful planning and proactive strategies from Hawaii's entrepreneurs, investors, and professionals.
U.S. inflation remains a concern, with consumer prices increasing in September, driven primarily by rising gas prices. This economic backdrop necessitates careful consideration for businesses, investors, and consumers in Hawaii, with implications for various sectors.
Alaska Air Group's third-quarter earnings reflected the initial financial pressures of integrating Hawaiian Airlines, though progress continues. The merger faces the headwinds of macroeconomic factors and aims to simplify booking systems and optimize asset utilization to boost performance.
Pacific Business News recently released its list of Hawaii's 12 largest banks based on market share of deposits as of June 30, 2025. This list provides crucial insights for local businesses, investors, and financial professionals navigating Hawaii's financial environment.
Hawaii's financial sector is experiencing significant expansion, with several money managers exhibiting rapid growth in assets under management (AUM) as of late 2025. This trend signifies a dynamic investment landscape, offering opportunities for both seasoned professionals and those new to the field, according to recent data.
A 55-year-old Maui man is facing federal criminal charges for allegedly defrauding cryptocurrency investors out of over $1 million. This case highlights the growing risks of online financial crimes in Hawaii and the importance of due diligence in the digital investment landscape.
Atlas Insurance Agency has welcomed Jill Yamada-Murota as Senior Account Manager for Commercial Lines Operations. With nearly three decades of experience, Yamada-Murota brings significant expertise to the agency, enhancing its ability to serve clients in Hawaii's dynamic business environment.
A 55-year-old Maui man is facing federal criminal charges for allegedly defrauding cryptocurrency investors out of over $1 million. The scheme, which spanned several years, highlights the growing vulnerability of digital assets to fraud and its impacts on Hawaii's financial landscape.
A 50-year-old man, already wanted in multiple states, has been indicted by a federal grand jury in Hawaii for allegedly orchestrating a fraudulent scheme involving over $450,000 in COVID-19 relief funds and securing fraudulent loans using the identities of elderly individuals. This case highlights ongoing efforts to combat fraud related to pandemic relief programs and the vulnerability of financial systems.
Bank of Hawaiʻi has launched emergency financial assistance programs to aid federal employees and contractors impacted by the ongoing government shutdown. This initiative offers crucial financial relief to those facing income disruption, highlighting the bank's commitment to supporting the local community during times of economic uncertainty.