Signs of waning inflation and a cooling job market have raised expectations the Federal Reserve will cut its benchmark interest rate next month for the first time in 4 years.
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State, national and world news from the Sun Journal.
Posted inElection 2024, Nation / World, News
Cemetery worker who was ‘pushed aside’ in Trump staff dispute won’t seek charges
The Army spokesman said the Arlington National Cemetery employee was trying to make sure those participating in the wreath-laying ceremony earlier this week were following the rules, which ‘clearly prohibit political activities on cemetery grounds.’
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Posted inBusiness, Election 2024, Nation / World, News
Trump says he’ll announce a plan to make U.S. the ‘crypto capital’
Donald Trump has done a complete about-face toward the asset class, which he had considered a crime-riddled scam while he was in office.
Posted inNation / World, News
Israel kills a top militant in its deadliest West Bank raids since Gaza war began
The raids drew alarm from the United Nations and neighboring Jordan, as well as from British and French leaders, who stressed the urgency of jump-starting stalled cease-fire negotiations during meetings in Paris.
Posted inNation / World
Justice Dept. watchdog finds flaws in FBI’s reporting of sex crimes against children
The inquiry was brought about by the FBI’s failures to promptly investigate Larry Nassar, former USA Gymnastics team doctor.
Posted inBusiness, Food, Maine, News, Things to Do
Skowhegan Craft Brew Festival set for Saturday
The celebration of local beer and other products is expected to draw people from around the country to sample beverages from 24 Maine producers.
Posted inMaine
Piscataqua River Bridge reopens after police shooting on I-95
The bridge was shut down Thursday morning after police shot and killed a man on I-95, later finding an 8-year-old child dead inside the man’s car.
Posted inMaine
Police say man pointed gun at troopers before he was shot and fell from Piscataqua River Bridge
The man, who has not been identified, is accused of killing a woman in Troy, New Hampshire. An 8-year-old boy was found dead in his car. Police said the boy was not shot by officers.
Posted inBusiness, Maine
Acadia-related spending drops for second year as fewer people visit
The number of visitors and how much they’re spending on hotels and restaurants has been dropping since 2021, but the numbers are still much higher than they were before the pandemic.
Posted inBusiness, Maine
Mainers may see more savings from using electricity during off hours
Regulators say expanding time-of-use rates to the supply side of electric bills could cut costs and take pressure off the grid. Currently, customers can only save on delivery costs when they use electricity early in the morning or late at night.