Gross domestic product, the broadest measure of economic activity, is expected to have risen roughly 2.9% between July and September, according to a tracker from the Federal Reserve Bank of Atlanta.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Food, Maine
Supply-chain delays push back openings of new restaurants in southern Maine
Supply and labor shortage issues have upended the timelines for launching some Greater Portland food businesses, leaving owners to pay rent with no revenue coming in.
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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 inBusiness, Food, Maine, News
Martha Stewart has a ‘foodie’ morning in Portland
The businesswoman and TV personality stopped at several city staples on Saturday, including Norimoto Bakery.
Posted inBusiness, Food, Maine, News
CO2 shortage temporarily puts the pressure on Portland restaurant
The Great Lost Bear, a popular spot to imbibe, was unable to serve from any of its 60 taps for a period Saturday.
Posted inBusiness, Nation & World, News
It’s not a trick: Your Halloween treats are getting smaller
In short, many candy sizes and packages are shrinking but prices aren’t.
Posted inBusiness, Uncategorized
Pfizer says COVID-19 vaccine will cost $110-$130 per dose
Still, many people are expected to continue receive it for free once the U.S. government stops buying the shots, the drugmaker says.
Posted inBusiness, Uncategorized
Social media platforms brace for midterm elections mayhem
Social media platforms like Facebook, TikTok and Twitter say they’re taking steps to prevent the spread of misinformation about voting and elections ahead of next month’s midterms.
Posted inBusiness, Nation & World, Uncategorized
IRS raises contribution limits for retirement savings plans
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year.
Posted inBusiness, Uncategorized
JD Vance’s firm invested in food company now facing lawsuits
A high-tech sustainable food company in Appalachia is facing five lawsuits alleging it misled investors.