Experts generally advise putting it toward debt and savings, but, for many people, that’s unrealistic.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Time & Temperature Building owner says tearing down former children’s museum would jeopardize historic district
Chris Rhoades, an owner of the Time & Temperature Building, says a developer plans to build 250 affordable housing units there but is relying on federal tax credits.
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Posted inBusiness, Maine, Maine Crime, News
‘RoboCop’ security systems pop up in Maine as concerns over retail theft rise
The flashing blue lights atop poles in some Maine parking lots are designed to deter criminals, but some question the balance of safety vs. privacy.
Posted inAndroscoggin County, Arts & Entertainment, Business, Lewiston-Auburn
Ed Boucher, the local musician who wrote the Marden’s jingle, dies
The Maine music legend wrote jingles for many companies and was known as a music icon in the Lewiston and Auburn area.
Posted inBusiness, Lewiston-Auburn, The Buzz
Mancini’s Italian micro deli and sandwich shop to open in downtown Lewiston
The Buzz: Bourgeois Guitars purchases two lots on North Lisbon Road as part of long-term, long planned expansion; Bobcat dealership to be built in Turner.
Posted inBusiness, Nation / World
Technology crushing human creativity? Apple’s ‘disturbing’ new iPad ad has struck a nerve online
The ad, released Tuesday, shows a hydraulic press crushing creative instruments, including a piano, cameras and piles of paint.
Posted inBusiness, Nation / World
Turbine-hating Trump poses new threat to beleaguered offshore wind
The candidate’s vocal disdain for wind farms is another worry for developers, who’ve faced high costs and supply chain woes.
Posted inBusiness, Nation / World
TikTok to start labeling AI-generated content as technology becomes more universal
The shift in policy is part of a broader attempt in the technology industry to provide more safeguards for artificial intelligence usage.
Posted inBusiness, Nation / World
Union push pits the United Farm Workers against a major California agricultural business
A battle is underway in California between a unit of the Wonderful Co. and the country’s biggest farmworker union over how a group of workers organized under a recently enacted labor law.
Posted inBusiness, Nation / World, News
Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
Remarkably resilient spending by U.S. consumers overall has been one of the main reasons the economy has avoided a recession, at least so far.