Wall Street loves lower interest rates because they can relax the pressure on the economy and goose prices for all kinds of investments.
2023
Posted inMaine, News
Vinalhaven ferry grounding was due to human error, investigations find
The Captain Richard G. Spear returned to service in mid-November, after about $150,000 in repairs.
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Posted inKennebec Journal, Maine, News
State grant program helps central Maine communities meet climate goals
The Community Resilience Partnership was started in December 2020 to assist towns by providing technical and planning assistance and up to $50,000 to fund projects that align with the state’s climate goals to reduce carbon emissions and transition to clean energy.
Posted inBusiness, Maine, News
Another rate cut will further reduce electricity costs for CMP customers in 2024
A complicated formula drafted by federal and New England energy officials is behind the second announcement in as many weeks of an electricity rate cut.
Posted inMaine, Maine Crime, Morning Sentinel, News
Madison man’s bill comes due as judge issues sentence in $51,000 price tag ‘ticket switching’ scam
Aaron Hoster, 51, had a “full-time job of stealing for two years,” said a judge who sentenced him to serve 33 months in prison.
Posted inNation & World, News
Nine Israeli soldiers killed in Gaza City ambush in sign that Hamas resistance is still strong
Israeli troops are still locked in heavy combat with Palestinian fighters in and around Gaza City, more than six weeks after invading Gaza’s north following the militants’ Oct. 7 attack.
Posted inBusiness, Nation & World, News
Federal Reserve keeps key interest rate unchanged, foresees 3 rate cuts next year
It is the first time since inflation first spiked that the central bank has formally acknowledged progress in its fight against accelerating prices.
Posted inPortland Sea Dogs, Sports
Sea Dogs look for state help in financing upgrades to Hadlock Field
The team hopes to build a new home clubhouse as it works to meet Major League Baseball’s guidelines for minor league facilities.
Posted inColumns, Dana Wilde
Backyard Naturalist: All about Christmas
Reflecting on his grandson’s love of Christmas and family, Dana Wilde ponders how unity is the root experience of all religious feeling.
Posted inMaine, Morning Sentinel, News
Skowhegan police chief to continue as interim town manager for now as officials eye decision in new year
The town’s Board of Selectmen hasn’t made any moves to fill the position, which Police Chief David Bucknam has filled on an interim basis for months.