Economy

HPR speaks with local small business owner David Pang to discuss the effects of President Trump's tariffs and the recent Supreme Court ruling.

Since 1970, rental car companies have not had to pay the general excise tax when buying cars for their fleets. Instead, those companies pay a wholesale tax rate of 0.5%.

The state is looking at ways to fill holes in the state budget due to federal funding impacts. HPR's Ashley Mizuo reports on a measure that would pause the state's plan to reduce income taxes.

Maui County Councilmember Gabe Johnson, who represents Lānaʻi, discusses the first affordable housing project to be built on the island in over 35 years; Kauaʻi County Councilmember Fern Holland provides an update on immigration raids that took place on Kauaʻi in November

Hawaiʻi economist Carl Bonham discusses how the rise in global oil prices after U.S. military strikes on Iran may affect Hawaiʻi energy costs; HPR's Cassie Ordonio reports on what's causing a shortage of ADHD medication

There’s a little more optimism about Hawaiʻi’s economy, mostly thanks to an increase in visitor spending — though federal policies continue to muddy that outlook.

The military is one of Hawaiʻi's largest economic boosters, with billions of dollars in contract awards each year. The apparent rise in defense contract work in recent years is set to provide the state with economic stability in the near future. We get more on thatstory from Pacific Business News Editor in Chief Janis Magin.

Honolulu Marathon President Jim Barahal spoke to The Conversation's Catherine Cruz about a new study on the impact that the athletic event has on Hawaiʻi's economy.

Honolulu Marathon President Dr. Jim Barahal shares the economic impact of the most recent race; Researchers Kawika Winter and Kristen Harmon discuss whether Native Hawaiians caused the extinctions of birds like the flightless ibis or moa-nalo

Gov. Josh Green is proposing a pause to the historic income tax cut that was implemented last year. The pause is expected to bring back $1.8 billion in tax revenue.