Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices.
Business
Local, state and national business news from the Sun Journal.
CO2 shortages led Maine breweries to adopt this sustainable solution
Three breweries in Maine have installed equipment to collect the gas during the fermentation process, giving them control over the supply of CO2 and reducing their carbon footprint.
New ‘click-to-cancel’ rule will end subscription, membership traps
The Federal Trade Commission said businesses must disclose when free trials or other promotional offers will end and let customers end recurring subscriptions as easily as they started them.
Inside Elon Musk’s plan to trigger a ‘red wave’ for Trump
Billionaire Elon Musk’s super PAC is using an old-school strategy heavy on door-knocking and mail shots – but his erratic management style has caused problems.
Electricity Maine ordered to refund $6 million to customers
State regulators also imposed a $315,000 penalty against the Houston company for overbilling and temporarily capped how much it can charge customers.
‘Off the charts’: How Trump tariffs would shock U.S., world economies
Companies and governments around the world have begun preparing contingency plans for the potential Trump tariffs.
Amazon, Google make dueling nuclear investments to power data centers
Tech giants Amazon and Google are investing in the next generation of nuclear reactors.
What’s behind the widening gender wage gap in the U.S.?
Many women have paid a price for leaving the workforce at the height of the COVID-19 pandemic, either because they lost their jobs or because they quit because of caretaking responsibilities.
Lifespan of Maine’s 207 area code extended again
The area code that serves the entire state is now expected to expire in the summer of 2036.
Strong high school principal seeks approval for greenhouse
Mt. Abram Regional High School Principal Tim Richards advocates for alternative education, asks for approval of new greenhouse.