House hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Nation & World, News
Maine home prices rose again in September, but far less than usual
After double-digit leaps during previous months, the increase in home prices slowed. Real estate experts say the market appears to be cooling.
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Posted inArts & Entertainment, Business, Nation & World, News
Dr. Oz made reputation as a surgeon, a fortune as a salesman
Oz, who stopped operating on patients in 2018, was a fixture on television, hosting his show for 13 seasons.
Posted inBusiness, Nation & World
Sparkling fish, murky methods: The global aquarium trade
Experts say the demand for these fish is contributing to the degradation of delicate coral ecosystems.
Posted inBusiness, Nation & World
Minister leaves British government in new blow to embattled Truss
Meanwhile, she faces another test in Parliament on a vote over fracking for shale gas.
Posted inBusiness, Nation & World
U.S. awards $2.8 billion in grants for EV batteries in 12 states
The funding comes from last year’s $1 trillion infrastructure law.
Posted inBusiness, Nation & World, Schools and Education
Gates Foundation donates $1 billion to prioritize math education
But it will cut grants to other subjects like reading, writing, and the arts.
Posted inBusiness
Stocks lose ground as earnings reports roll in
Major indexes rose in the early going, but their gains faded fast.
Posted inBusiness, Maine, New England, News
Judge weighs whether work can resume on building CMP corridor
Lawyers for the 145-mile electricity transmission project said work needs to get going soon or it won’t be economically viable.
Posted inBusiness, Maine, News
Court agrees to fast-track Maine lobstering group’s appeal of whale rules
The U.S. Court of Appeals for the District of Columbia agrees to expedite the Maine Lobstermen’s Association’s appeal of a National Marine Fisheries Service decision regarding right whale protections.