The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.
economy
Posted inBusiness, Nation / World
How the strong U.S. dollar can affect everyone
The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific.
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Posted inBusiness, Maine, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inBusiness
Job openings eased in June, reflecting early signs of slowdown
Americans still quit at the same elevated rate as the last few months.
Posted inBusiness, Maine
Average gas price in Maine nears $5 a gallon
‘I want them to install crying towels here,’ said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
Posted inBusiness, Maine, News
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine’s peak tourism season.
Posted inBusiness, Maine
Maine unemployment rate hits pandemic low of 3.3%
The state’s jobless rate in April was the lowest in two years, and the number of jobs was nearly back to the pre-pandemic level.
Posted inBusiness, Nation / World, News
From beer to semiconductors, extended war will hit U.S. state economies
While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
Posted inCoastal Journal
Brunswick pizza joint’s price hike can be blamed on global economic forces
Tess’ Market manager said the business had no choice but to raise prices for only the third time in 20 years.
Posted inBusiness, Nation / World
U.K. to give $1.3 billion in aid to businesses hurt by omicron
The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.