Latest finance & investment news and updates
Hawaii auto sales are declining, signaling economic unease and prompting concerns for businesses, investors, and entrepreneurs. This downturn demands businesses to analyze current economic factors, explore new opportunities, and adapt business strategies.
The State of Hawaii is set to deposit nearly $404 million into a trust fund as its initial contribution to a $4 billion settlement for the Maui wildfires, impacting tourism, local businesses, and long-term investment opportunities.
Hawaii is on the cusp of deciding whether to legalize online sports betting, which could bring significant economic changes, including new revenue streams and business opportunities. The decision would influence various aspects of the state's finances, particularly for entrepreneurs and investors.
Hawaii's legislature is allocating nearly $404 million, half of the state's portion of a $4 billion settlement, into a trust fund related to the devastating Maui wildfires; this financial move has major implications for Hawaii’s business environment.
Hawaii boasts significantly lower auto loan delinquency rates compared to many other states, driven by a combination of cultural values, economic factors, and responsible lending practices. This presents unique opportunities and challenges for investors, entrepreneurs, and financial professionals in the Aloha State.
Hawaii lawmakers are committing $807 million to the Lahaina Wildfires Settlement Fund as part of a $4 billion deal. This action is expected to reshape financial landscapes, investment opportunities, and recovery efforts for the state's businesses and economy, especially in the tourism and hospitality industries.
Hope Bancorp's merger with Territorial Savings will significantly impact Hawaii's financial sector, influencing lending practices, investment strategies, and the competitive landscape. This consolidation presents both opportunities and challenges for businesses and investors in the state.
President Trump's decision to back away from threatening the Federal Reserve's chair has eased market concerns, which is particularly relevant for Hawaii's financial sector and investors. Interest rate adjustments and investor confidence directly influence borrowing costs, investment decisions, and overall economic stability on the islands.
Bank of Hawaii reported a strong first quarter in 2025, with a 10.9% increase in net income, signaling financial stability amidst varying economic landscapes within Hawaii. This positive performance offers a boost of confidence to investors and businesses across the state.
Hawaiʻi State FCU has launched a new website with improved features to meet growing digital demands, bringing faster performance and a modernized experience to their members, reflecting the trend of digital banking growth.