National egg distributors claim avian flu as the culprit for soaring egg prices, but local farmers attribute it to rising fuel and feed costs.
inflation
Posted inBusiness, Nation / World, News
Wholesale inflation in U.S. slowed further in December to 6.2%
Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool.
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Posted inBusiness, Nation / World, News
A slowdown in U.S. inflation eases some pressure on households
Gas and electricity prices have fallen, but grocery costs continue to be a sore spot.
Posted inBusiness, Nation / World, News
U.S. wholesale inflation eases to 8%, its 4th straight slowdown
The figures came in lower than economists expected and make it more likely that the Federal Reserve will increase its benchmark interest rate in smaller increments.
Posted inBusiness, Food, Maine, News, Uncategorized
Challenge at the checkout: Mainers struggle to keep up with rising grocery prices
Historic inflationary pressures are making it difficult to put food on the table, forcing shoppers to scout for deals and cut back.
Posted inElection 2022, Lewiston-Auburn, Politics
In a city of divided loyalties, Lewiston voters cite economy and abortion as top concerns
Both Gov. Janet Mills and former Gov. Paul LePage have carried the city on their previous paths to the Blaine House.
Posted inElection 2022, News, Politics
Ad Watch: LePage ad claims big budget increase under Mills
In ‘Maine Choices,’ former Gov. Paul LePage claims Gov. Janet Mills’ budget was 580% higher than inflation. It’s true, but that isn’t as damning as the Republican challenger would like you to believe.
Posted inNation / World, News
Biden at UN to call Russian war an affront to body’s charter
White House officials say the crux of President Joe Biden’s visit to the U.N. this year would be a full-throated condemnation of Russia as its brutal war nears the seven-month mark.
Posted inBusiness
More Mainers visit pantries as food insecurity spreads
As donations drop and Maine food banks struggle to meet rising demand, food bank officials call on federal government to extend food access programs.
Posted inBusiness, Nation / World, News
Inflation eases as consumer prices rise 6.3% in July
Inflation started rising sharply in the spring of 2021 as the economy rebounded with surprising speed from the short but devastating coronavirus recession a year earlier.