The jump in inflation this year reflects higher prices for food and energy and a number of other items from furniture to autos.
Business
Local, state and national business news from the Sun Journal.
Maine jobless claims rise as U.S. claims fall to lowest level of pandemic
Hiring has slowed in the past two months, even as employers have posted a near-record number of open jobs.
Auburn approves 128 housing units and a new solar project
Residential and commercial development is planned near the Auburn Mall.
The Cage is for sale in Lewiston
The longtime bar at 97 and 99 Ash St., with five additional units, is for sale for $400,000.
It’s official: Olive Garden is coming to Auburn
• The Cage is for sale in Lewiston
• 128 housing units and a new solar project approved for Auburn.
Fed officials: Bond purchases could end by middle of 2022
The board is widely expected to announce the tapering at its next meeting, held Nov. 2-3.
Hollywood crews say they will strike Monday if there is no agreement
A walkout would bring film and television productions across the country to a standstill.
Canadian company pulls application for mining operation in northern Maine
An Ontario-based company had hoped to mine copper, zinc, silver and other valuable metals at Pickett Mountain.
Squid a possible culprit in Gulf of Maine shrimp’s demise
The current moratorium on shrimping is scheduled to end this year and regulators are expected to decide this winter whether to continue it.
Mainers will pay more to heat their homes this winter
Following drastically reduced prices during the coronavirus pandemic’s first year, energy costs have rebounded to pre-pandemic levels.