Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate jumped to 7.08% from 6.94% last week.
Business
Local, state and national business news from the Sun Journal.
Musk says he won’t make Twitter a ‘free-for-all hellscape’
The message to advertisers posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.
What it’s like to buy and sell in the new, weird housing market
Many buyers have given up, at least temporarily, thanks to soaring rates.
U.S. economy rebounds amid resilient consumers, businesses
The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.
Maine regulators approve wind power, transmission project
Maine regulators have approved a pair of energy projects that would generate wind power in Aroostook County.
Norway bakery makes 3,200 whoopie pies for Oxford customer
In business for less than two months, Katherine Olinkiewicz has fulfilled a record custom order.
Wicked Fast Chicken gets cooking in Lewiston
The eatery has been creating a social media buzz since its Oct. 1 opening.
Inflation starts to drag on consumers powering U.S. economy
Data out Tuesday showed U.S. consumer confidence fell in October to a three-month low.
Clorox recalls cleaning products that may contain bacteria
The Clorox Company said Tuesday it has recalled its scented multi-surface cleaners and all-purpose cleaners.
Alexander Mihalov joins Skelton Taintor & Abbott
LEWISTON — The law firm of Skelton Taintor & Abbott announced that Alexander Mihalov has joined the firm as an associate attorney. Mihalov graduated from the University of Maine School of Law in 2020 and Virginia Tech in 2014 with a bachelor’s degree in geology. He was admitted to practice in all Maine state courts […]