He cautions that the Fed wants to see substantial progress in the job market before scaling back the bond purchases.
July 2013
Posted inBusiness, News
Fed: Growth improves moderately throughout U.S.
Housing construction and home prices improved, while consumer spending increased in most districts, fueled by rising car and truck sales.
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Posted inNews
Mainer to serve 7 years for fatal crowbar beating
Peter Robinson was convicted of manslaughter in the November 2011 death of a 71-year-old man.
Posted inNation & World, News
Collins: Border crossing fees are now unlikely
A Department of Homeland Security proposal to study such a fee dies as part of a budget proposal.
Posted inNews
Dog’s owner steps forward in killing of protected Maine bird
A game warden says he is working with authorities to decide what, if any, charges should be brought in the attack at Pine Point Beach.
Posted inBusiness, News
Railway at center of tragedy struggling financially
Montreal, Maine & Atlantic lays off 79 workers after the Quebec crash severed Maine from its network and business dropped.
Posted inNation & World, News
Packs of young people cause chaos in Hollywood
As many as 40 people may have been involved, splitting into smaller groups and reforming as they looted people nearby, says a police official.
Posted inNation & World, News, Sports
Concussions among women exceed men as awareness is found lacking
Girls and women are more likely to suffer concussions than boys and men in sports such as soccer, basketball, and baseball or softball, and they take take longer to heal, according to doctors and medical researchers.
Posted inNews
Bangor police arrest 66-year-old suspect in bank robbery
Police detectives arrested Percy Cartwright of Bangor at the Dorothea Dix Psychiatric Center.
Posted inNation & World, News
Stores refuse to sell Rolling Stone featuring bomb suspect
Several retailers, including CVS, Cumberland Farms and Walgreens say they will not carry the magazine in their stores.