But the government caused it on purpose to cool soaring prices, and can reverse course if needed.
2011
Posted inBusiness
Plan seeks to improve wages of home health care workers
The federal proposal would raise their living standards, but critics fear it could make care too costly for seniors.
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Posted inBusiness
Cashing in at the top: CEO pay rises by median 27 percent
LOS ANGELES – American CEOs raked in fat paychecks last year, netting a median 27 percent increase in compensation in fiscal year 2010. Top executives from the S&P 500 scored a median 36.5 percent bump in realized compensation, after two years of declines in 2008 and 2009, according to the ninth annual report from research […]
Posted inBusiness
With jobless claims down, hiring may pick up
The number of people applying for benefits in November is the lowest since May 2008.
Posted inNew England Patriots, Sports
Slow starts baffle Broncos
Tim Tebow and his teammates can’t explain why their offense falters until the fourth quarter.
Posted inBoston Red Sox, Sports
Varitek’s playing days for Red Sox are likely over
With three other catchers already on the roster, Boston isn’t expected to re-sign Jason Varitek.
Posted inNews
GOP rivals challenge Gingrich in last debate before Iowa vote
The front-runner in Iowa polls brushes aside criticism, saying he changes when conditions change.
Posted inNews
Man convicted on 13 counts for high-speed chase, crash
A York County jury convicts Timothy Williams of South Portland on all 13 counts stemming from a high-speed chase and multiple car crash on the Maine Turnpike last year.
Posted inNews, Sports
Prosecutors drop charge against Patriots’ Edelman
Prosecutors have dropped an indecent assault-and-battery charge against New England Patriots receiver Julian Edelman, saying the evidence suggests he only briefly grabbed the hand of a woman who accused him of groping her.
Posted inNews
Ex-turnpike director to pay $155K for misconduct
The Maine Turnpike Authority today agreed to a settlement with former director Paul Violette for allegedly lying about vacation and sick time.