While lower rates can goose the economy by making it cheaper to borrow and boosting prices for investments, they can also offer more fuel for inflation.
2024
Posted inMaine
Two drivers killed in head-on collision in Clifton
The 2 vehicles collided Wednesday morning, officials said. One was on fire by the time emergency crews arrived.
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Posted inMaine colleges, Sports, UMaine Sports
UMaine unveils 2025 football schedule, including two bowl teams
The Black Bears will be road games against Football Bowl Subdivision opponents Liberty and Georgia Southern.
Posted inHealth, Nation & World
CDC confirms first severe human case of bird flu in U.S.
A resident of southwestern Louisiana has been hospitalized with a severe case of bird flu linked to a backyard flock.
Posted inMaine, News
Hundreds gather to celebrate life of Biddeford police sergeant killed in car crash
A fellow officer said Sgt. Jacob Wolterbeek’s death was a significant loss and that the size of the crowd at his funeral was a testament to how widely his death was felt throughout southern Maine.
Posted inNation & World, Politics
Government funding plan collapses as Trump makes new demands days before shutdown
The president-elect’s proposal combined continuation of government funds with a much more controversial provision to raise the nation’s debt limit.
Posted inMaine, Nation & World, Schools and Education
Senate advances Social Security Fairness Act
The bill co-sponsored by Sen. Susan Collins of Maine would eliminate limits on Social Security benefits for public sector employees, including teachers and firefighters.
Posted inBusiness, Maine, News
State Theatre production staff files petition to unionize
About 35 stagehands at one of Portland’s biggest venues say they are seeking industry-standard wages and benefits.
Posted inCops & Courts, Maine
Trio arrested for attempting to defraud Alfred man of $100,000
The 82-year-old victim already paid the 3 alleged scammers $50,000 before they were arrested, according to the York County Sheriff’s Office.
Posted inScarborough Leader
In the Know: Scarborough publishes draft Open Space Plan for conservation
After months of work by consultants, town staff, and the Ad Hoc Open Space Committee, a draft of the town’s Open Space Plan is available for the public to review. The plan can be found in the “What’s Happening” section of the town’s website, scarboroughmaine.org. The public is invited to review the draft plan and […]