Business Archives - Lewiston Sun Journal

Apple has plans to eventually, maybe revolutionize health care

by Mark Gurman and Drake Bennett Bloomberg November 1, 2023November 1, 2023

Four years after the quiet arrival of Avolonte, Tim Cook stood in the same packed auditorium where his predecessor, Steve Jobs, unveiled the original Macintosh and introduced the Apple Watch.

Business, Nation / World, News

Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

by CHRISTOPHER RUGABER Associated Press November 1, 2023November 1, 2023

Consumer inflation has dropped from a year-over-year peak of 9.1% in June 2022 to 3.7% last month. But recent data suggests that inflation remains persistently above the Fed’s 2% target.

Business, Maine

Good news: Maine heating prices stable heading into the winter

by Stephen Singer November 1, 2023October 31, 2023

Oil and propane currently cost less than the record highs in 2022, but world conflicts could affect prices after the first of the year, experts say.

Business, Nation / World

Jury awards $1.8 billion in realty case that could shake up brokerage commissions

by Julian Mark The Washington Post October 31, 2023November 1, 2023

The case has been winding through federal courts since 2019, when a group of home sellers alleged in a lawsuit that the National Association of Realtors (NAR), along with real estate firms Keller Williams Realty and HomeServices of America, conspired to keep commissions artificially high.

Business, Nation / World

War plunged Israel’s agricultural heartlands into crisis, raising fears for its farming future

by JULIA FRANKEL and MOSHE EDRI Associated Press October 31, 2023

In an effort to fill labor gaps by those who are no longer allowed to work or have evacuated, the Agriculture Ministry has said it will extend temporary work visas and give bonuses of $500 a month.