The average rate on 15-year, fixed-rate mortgages, popular among those refinancing their homes, rose to 4.92% from 4.81% last week.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Wall Street shakes off a midday stumble and ends higher
Technology and health care stocks drove much of the rally, outweighing losses in energy and financial companies.
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Posted inBusiness, Nation & World
Gas prices sting U.S. workers who depend on their cars
Millions are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon for the first time ever.
Posted inBusiness, Nation & World
FDA bans Juul e-cigarettes tied to teen vaping surge
The action is part of a sweeping effort by the agency to bring scientific scrutiny to the multibillion-dollar vaping industry after years of regulatory delays.
Posted inBusiness, Maine
State to reimburse 2022 license costs for fishing, aquaculture industries
The state will use $8.3 million in federal funds from the Consolidated Appropriations Act to reimburse the costs of commercial harvesting licenses and some fees.
Posted inBusiness, Maine, Nation & World
Offshore wind gets a boost as Biden, East Coast governors team up
Maine is part of the partnership that has a goal of deploying 30 gigawatts of offshore wind power by 2030, enough to provide electricity to 10 million homes and spur $12 billion per year in private investment.
Posted inBusiness, Nation & World
FDA bans Juul e-cigarettes tied to teen vaping surge
Health officials have ordered vaping company Juul to pull its electronic cigarettes from the U.S. market
Posted inBusiness, Nation & World
Fewer Americans file for unemployment benefits
Much of the recent job security and wage gains that Americans have enjoyed recently has been offset by inflation levels not seen in four decades..
Posted inBusiness, Nation & World, News
Airport chaos: European travel runs into pandemic cutbacks
After two years of pandemic restrictions, travel demand has roared back and airlines and airports are struggling to keep up.
Posted inBusiness, Nation & World, News
Gas prices sting U.S. workers who depend on their cars
Millions of Americans are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon for the first time ever.