It’s hard to tell what’s quality or a scam online. Use these research skills to avoid getting duped.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, News
Portland housing prices could increase at 2nd-fastest pace in U.S. next year
Home prices aren’t growing at the blazing-fast speeds of the past few years, but in southern Maine they could still increase by double digits in 2023, according to a report by one real estate website.
advertisement
Posted inBusiness, Maine
Employees at Little Dog cafe in Brunswick vote to unionize
Workers at the Little Dog by the Met are now part of Workers United, a union that represents employees in the food service industry.
Posted inBusiness, Maine, News
Petition to replace CMP, Versant with consumer-owned utility has valid signatures to get on ballot
But an opposition group, which is mounting a citizens initiative of its own, says it has gathered enough signatures to blunt the effort.
Posted inBusiness, Nation & World, News
Fed to keep rates higher for longer to cut inflation, chairman Powell says
Federal Reserve chief Chair Jerome Powell also signals that the Fed may increase its key interest rate by a smaller increment at its December meeting, only a half-point, after 4 straight three-quarter point hikes.
Posted inBusiness, Nation & World, News, Politics
House votes to avert rail strike, impose deal on unions
The bill would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
Posted inBusiness, Nation & World, News
Higher food prices worsen hunger crisis this holiday season
What many Americans hoped would be the first normal holiday season in three years has instead been thrown into crisis by inflation, with Christmas on the horizon.
Posted inBusiness, Nation & World, News
U.S. firms slow hiring; wage gains moderate
Businesses’ payrolls rose 127,000 this month, the smallest gain since January 2021.
Posted inBusiness, Food, Maine
The Wrap: Smoke BBQ opens in Kennebunk and tempeh company launches in Biddeford
The Portland Farmers’ Market kicks off its winter season this Saturday, and the Press Hotel’s Inkwell will wrap your gifts all month long.
Posted inBusiness, Nation & World, News, Politics
Congress prepares to take up bill preventing rail strike
Railroad unions decried Biden’s call for Congress to intervene in their contract dispute, saying it undercuts their efforts to address workers’ quality-of-life concerns.