Despite increased unemployment, 45 percent of Americans say they’ve saved more money than usual.
economy
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: How to deal with China? Build coalitions or risk another cold war
The U.S. can’t go it alone in dealing with Beijing but must lead countries that seek the rule of law, democratic values and strengthened international institutions.
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Posted inBusiness, Maine
Remotely affected: Empty offices are hurting businesses that serve them
Companies that cater to offices and office workers are finding a challenging business environment with large numbers of people working from home.
Posted inBusiness, Maine, News
Irish solar developer’s projects in Maine attract $100 million investment
Projects being built by Dublin-based BNRG Renewables and Dirigo Solar LLC in Portland are only the first phase of three large endeavors planned to come online by 2024.
Posted inBusiness, Nation & World
California lockdown’s job losses spell trouble for the nation
The renewed job losses in California might have a preliminary impact in the July U.S. jobs report due Friday.
Posted inEditorials, Opinion
Our View: No quick fix for Maine’s economy
The lack of a federal coronavirus strategy will have economic impacts on our state for years to come.
Posted inBusiness, Nation & World
U.S. economy contracted at fastest quarterly rate on record from April to June
The second quarter report on gross domestic product covers some of the economy’s worst weeks in living memory.
Posted inEditorials, Opinion
Our View: Senate bill would only prolong pain caused by virus
It is more clear than ever that putting economic activity ahead of public health gets us nowhere.
Posted inBusiness, Maine, News
1 in 3 Maine lobstermen lands federal pandemic loan
Lobstermen got more small Paycheck Protection Program loans than members of any other Maine industry, but the size of the average loan was small.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Want to help the economy? Stay home.
Reopening too aggressively leads to outbreaks that require reimposition of public health measures, further restricting consumer confidence.