Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount over the past year.

The Fed delivers its interest rate policy update Wednesday afternoon.

When regulators discovered a problem overlooked for half a century, state legislators rushed to rewrite the statute before it hurt Maine's hospitality businesses.

Rent collections dried up and tenants filed for bankruptcy or went out of business as the pandemic spread around the nation in 2020.

Many states are moving to ban the substance outright, but some say regulations are too far ahead of the science.

The number of people ages 65 and over is projected to double to more than 1.5 billion by 2050, greatly increasing their economic impact.

Surging interest in cannabis and CBD among players is fueling the move.

Health care providers are queasy about setting up clinics at marijuana businesses because they don't want to jeopardize federal funding.

An area entrepreneur wants to transform a vacant lot in the middle of downtown into a food court for food trucks and mobile food vendors.

Using Charlotte Gill's highly publicized method of exposing lobsters to THC, a team of scientists set out to determine if there was science behind the sensation.

The mutual insurance company MEMIC bought the property in 2019 and is now seeking city permits to demolish it.

Thirty-two drivers, mechanics and other employees in the Biddeford, Saco and Old Orchard Beach transit service join the Amalgamated Transit Union Local 714.

Closed embassies, international travel restrictions and a backlogged visa process mean only a fraction of the usual number of students will make it to the U.S., leaving seasonal employers scrambling.

There's a bounty of doughnuts, dog treats, mac and cheese and much more – just about everything gets the vegan treatment.

With many Maine employers looking everywhere for workers, the local prospects look good for students seeking summer jobs this year.

The winner's name was not disclosed.

Maine could become the first state where lawmakers order 'divestment' from fossil fuels, although changes to the bill could slow the process.

Technology companies and banks accounted for much of the upward move.

Fed officials have been playing down risks that their monetary policy could lead to a big and lasting overshoot on prices.

The property and its centerpiece Mohegan Sun casino opened March 25 after $200 million and more than a year of renovations of the 1,500-room former Hard Rock Hotel & Casino.

The FDA says it determined that two batches could be released from a troubled Baltimore factory, which is owned by Emergent BioSolutions and has been shuttered for eight weeks.

The unanimous vote against vacating a subpoena for information from an unidentified Virginia-based political consulting firm came after a lengthy closed-door meeting.

The Maine-based chain says it ‘did not act anywhere near how we want to be as a company.’

The Maine-based chain said it "did not act anywhere near how we want to be as a company."

McDonald’s is the latest company to be hit by a data breach after unauthorized activity on its network exposed the personal data of some customers in South Korea and Taiwan

After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to the rural fishing village of El Zonte on the Pacific coast.

Casco Bay Lines approved the one-year pilot program for residents, property owners and their families this spring, but not everyone is on board.

A senior IRS official said Thursday that a federal criminal investigation into the leak has been requested.

With restrictions on large gatherings loosening, wedding planners and others who make the magic happen say they've started pushing their bookings into late 2022 and early 2023.

The state has less than half the white and yellow road paint it typically gets in a year and will not restripe low-priority roads.

The inflation pressures, which have been building for months, are not only squeezing consumers but also posing a risk to the economy’s recovery from the pandemic recession.

In Maine, initial claims for state and federal unemployment benefits increased to 1,600 last week from 1,500 the previous week.

The world's largest meat supplier says it made the payment to make sure no data was stolen.

Canadian officials failed to persuade the Biden administration to reverse its cancellation of the company's permit.

Details of the automaker's shifted stance came in a letter from CEO Marry Barra to EPA Administrator Michael Regan.

The Commerce Department will undertake what officials describe as an 'evidence-based' analysis of transactions involving apps that are manufactured, supplied or controlled by China.

Bills to fund studies of service to Lewiston, Bangor and more are moving toward approval and could lay groundwork for federal aid down the tracks.

The country opened its borders Wednesday to foreign visitors who are inoculated against COVID-19 with vaccines approved by the European Union’s medicines agency.

El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first country to do so

A neighborhood sandwich shop closes, and food entrepreneurs serve samples.

The case of tampering focused attention on food security after the retailer and manufacturer revealed they had received reports and not warned customers or police.

City businesses said they were seeing fewer customers because of the mask mandate.

The state's nascent legal marijuana industry has set a succession of record monthly sales totals since its October launch.

ProPublica obtains tax data on richest Americans, a huge scoop that could send Washington scrambling.

Retailers cheer on Record Store Day, which is being held on 2 days, June 12 and July 17.

Lobster is pricey this season due to a limited supply, high demand and the reopening of the economy as the nation moves past the COVID-19 pandemic.

The company was cited for violating industry testing standards meant to ensure stability and prevent outages.

Patrick Scully, an attorney who specialized in energy and utility issues, will join the 3-member Maine Public Utilities Commission.

Cloud service company Fastly says it was a technical error and not a cyber attack.

Blue Origin is set to take off July 20 in Texas.

Inflation fears linger, but some economists believe the risk is short-lived, and will ease once the supply of workers and raw materials catches up with demand.

Mr. Tuna and GoodFire Brewing have teamed up to buy the Route 1 building that previously housed El Jefe and Conundrum.

They point to a research paper that suggests consumer prices would increase, but critics say the report's findings aren't credible.