Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.92% from 6.66% last week.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Social Security payments set for big increase. What to know.
Some estimates say the boost may be as big as 9%, the heftiest in 40 years.
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Posted inBusiness, Nation & World, Politics
More Americans – 46% – call personal financial situation poor
It’s a notable downturn at a particularly inopportune moment for President Biden.
Posted inBusiness, Nation & World
Hurricane Ian batters southwestern Florida economy
Many snowbirds likely won’t return this year because of damage to their homes or because shops and restaurants won’t have yet fully recovered.
Posted inBusiness, Nation & World
Spiking veterinary prices reveal high inflation’s spread
The industry is also transformed by corporate purchases of animal clinics and hospitals.
Posted inArts & Entertainment, Business, Nation & World
‘CNN This Morning’ will debut on Nov. 1
The program, with Kaitlan Collins, Poppy Harlow and Don Lemon as hosts, replaces the current ‘New Day’ and will air weekdays from 6 to 9 a.m.
Posted inBusiness
Late slide sends Wall Street lower in more uncertain trading
Investors worry that stubbornly high prices on everything from food to clothing could lead to a recession.
Posted inBusiness, Maine, Nation & World, News
Federal government issuing 65,000 additional H-2B visas for temporary workers
Foreign laborers authorized to work in the U.S. under the H-2B visa program are critical to Maine summer tourism businesses.
Posted inBusiness, Maine
Expect tight supply of heating oil, K1 kerosene this winter
From refinery issues to labor woes, industry facing big hurdles.
Posted inBusiness, Kennebec Journal, Maine
HomeGoods debuts at the Marketplace at Augusta
The off-price retailer of furniture, home decor and seasonal accessories expects to hire up to 65 people for full- and part-time jobs to staff the new store at the Marketplace at Augusta.