Supporters say rent control policies on the Nov. 8 ballot are the best short-term option to dampen rising rents and ensure vulnerable residents remain housed.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Job openings hit 10.7 million despite Fed attempts to cool economy
U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the Federal Reserve hoped.
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Posted inBusiness, News
Judge blocks Penguin Random House-Simon & Schuster merger
Opposing the merger includes one of Simon & Schuster’s signature writers, Stephen King.
Posted inBusiness, Nation & World, News
Key issue as Fed meets this week: When to slow rate hikes?
Fed officials have stressed that they need to raise rates significantly to tame inflation, which has caused hardships for millions of households.
Posted inBusiness, Maine, News
Maine Supreme Judicial Court may reconsider a legal protection against home foreclosure
The court could overturn previous rulings that barred mortgage companies from refiling cases in which they failed to present proper evidence.
Posted inBusiness, Nation & World, News, Politics
Biden paints oil firms as war profiteers, talks windfall tax
High prices at the pump have exacerbated inflation and have taken a toll on Biden and Democrats’ standing among voters.
Posted inBusiness, Nation & World, News
$1 billion Powerball jackpot up for grabs Monday night
It’s the fifth-largest lottery jackpot in U.S. history.
Posted inBusiness, Nation & World, News
Musk considers charging users for Twitter verification, fires entire board
Billionaire Saudi Prince Alwaleed bin Talal said he and his Kingdom Holding Company rolled over a combined $1.89 billion in existing Twitter shares, making them the company’s largest shareholder after billionaire Elon Musk.
Posted inBusiness, Nation & World, News, Politics
Republican candidates seize on voter hesitancy to attack EVs as costly to U.S.
More than two-thirds of Americans say they are unlikely to purchase an electric vehicle in the next three years, according to a new poll by the Associated Press-NORC Center for Public Affairs Research.
Posted inBusiness, Election 2022, Maine Cannabis Report
Recreational cannabis could be legal in half the country after Election Day
A look at which states have marijuana on the ballot and where the market could be headed next.