Investors now expect the Fed to start cutting rates at its next meeting in September.
News
Local, state and national news from the Kennebec Journal and Morning Sentinel.
Posted inMaine, Maine Crime, Morning Sentinel, News
Former Waterville man serving sentence for 1996 murder dies at Maine State Prison
Stephen Lee, who was serving a 40-year sentence for murder as well as robbery and burglary, was an inmate with an earliest possible release date in 2032.
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Posted inKennebec Journal, Maine
Hallowell council directs city manager to make more budget cuts to lessen tax impact
The Hallowell City Council hopes to make a total of $300,000 in cuts to the budget it passed in July but repealed at its Aug. 12 meeting.
Posted inBusiness, Health, Nation & World, News
Government announces more COVID-19 tests can be ordered through mail for no cost
The announcement also comes as the government is once again urging people to get an updated COVID-19 booster, ahead of the fall and winter respiratory virus season.
Posted inElection 2024, Nation & World, News, Politics
Robert F. Kennedy Jr. suspending presidential bid, endorses Trump
He made clear that he wasn’t formally ending his bid and said his supporters could continue to back him in the majority of states where they are unlikely to sway the outcome.
Posted inBusiness, Kennebec Journal, Maine
Tiny Imaginations opens play space for young children in Winthrop
The new play space, which opened earlier this month, is one of only a few like it in central Maine.
Posted inBusiness, Maine, Morning Sentinel, News
‘Taking on a new life’: Day care to open at former China Dine-ah
The barroom that once housed live music and late-night parties has swapped barstools for playpens as a former staple of central Maine’s food scene finds new life.
Posted inNews
Update: Jay police locate missing teen
Dakota Dow has been missing since Thursday night, according to police.
Posted inBusiness, Nation & World
Justice Dept. files suit accusing RealPage of enabling landlords to collude to raise rents
Attorneys general in several states have separately sued RealPage alleging an illegal price-fixing scheme over its algorithmic pricing software.
Posted inMaine, Morning Sentinel, News
Update: Water main break shuts down Armory Road in Waterville
While the water main was expected to be repaired and water service restored Friday, the Kennebec Water District reported that Armory Road was severely damaged and is scheduled to be repaired next week.