economy
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PublishedJuly 27, 2022
Our View: White House reassurance on recession should not be taken at its word
Lack of consensus on America’s economic prospects makes it best to err on the side of caution.
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PublishedJuly 24, 2022
Expect higher costs, more closures as seasonal worker shortage strains Maine restaurants
Overburdened and understaffed restaurant owners consider wage and menu price hikes to stay in business.
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PublishedJuly 22, 2022
Slump for tech chops off chunk of Wall Street’s winning week
Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy.
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PublishedJune 29, 2022
U.S. economy slipped 1.6% to start year, but growth is expected to return
It was the first drop in gross domestic product – the broadest measure of economic output – since the second quarter of 2020, in the depths of the COVID-19 recession.
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PublishedJune 28, 2022
Stocks slide on Wall Street as inflation worries persist
The indexes got off to a solid start on Tuesday, but gains faded by midday on consumer confidence news.
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PublishedJune 21, 2022
The comedown: After stimulus boom, Americans face darkening economy
Pandemic-era aid ended as prices spiked – and now the middle class is feeling squeezed again.
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PublishedJune 6, 2022
Average gas price in Maine nears $5 a gallon
'I want them to install crying towels here,' said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
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PublishedMay 28, 2022
Commentary: Governments should stop trying to make gasoline cheaper
Fuel prices will keep rising unless demand comes down. Policymakers are prolonging the pain by pushing people toward the pump.
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PublishedMay 27, 2022
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine's peak tourism season.
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PublishedMay 20, 2022
Maine unemployment rate hits pandemic low of 3.3%
The state's jobless rate in April was the lowest in two years, and the number of jobs was nearly back to the pre-pandemic level.
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