And that doesn’t include the 12% of Maine people living below the poverty line.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness
Interest rate on retail credit cards hits 30% as holiday shopping season starts
Tempted to use that store credit card on holiday purchases? Don’t, unless you immediately pay off the balance. Otherwise, consumers are looking at 30% interest – or more.
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Posted inBusiness, News
Lack of inventory hurt Maine home sales in September
The overall number of homes for sale last month increased by 2% from August, but there’s still a huge demand and a tiny inventory.
Posted inLocal & State, News
Fatal mast accident Monday was not schooner’s first mishap
Two recent accidents also befell the ship when it was under a different owner and captain.
Posted inBusiness, Local & State, News
Maine needs 84,000 new homes in the next 7 years, report finds
The study is the first to examine the need for housing both now and in the future, and across all income levels statewide.
Posted inBusiness, Local & State, News, Schools and Education
UMaine Augusta and Maine Department of Labor to launch cybersecurity apprenticeship program
Maine would need to increase its number of cybersecurity professionals by 63% just to fill the number of current open positions.
Posted inBusiness, Local & State, News
Potential federal shutdown looms over Bar Harbor
Tourism-based businesses are wary of the possibility that Acadia National Park will close heading into peak foliage season, but say Mount Desert Island has plenty to offer and they will remain open for business regardless.
Posted inBusiness, Local & State, Nation & World, News
Biddeford manufacturer provided critical piece for NASA’s asteroid mission
Fiber Materials Inc., which was recently acquired by Spirit AeroSystems, produced the space capsule’s heat shield, the company’s latest contribution in a string of NASA missions.
Posted inBusiness, Local & State, News
Is Sanford the next Biddeford? City readies for renaissance
A $50 million mill renovation is just the latest investment launching the beleaguered York County municipality as Maine’s next destination city.
Posted inBusiness, Local & State, News
Maine housing market stuck on falling sales, rising prices
It’s the same old song and dance as a tight inventory slows sales and pushes some prices up.