Low interest rates act like steroids for stocks and other investments, and Wall Street is now going through withdrawal.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, New England
New Hampshire got a record 4.3 million visitors last fall
In the last year, the state has expanded its advertising beyond its core markets of New England and New York to include destinations within a 600-mile radius.
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Posted inBusiness, Nation & World, News
Senate passes $40 billion Ukraine aid package
An infusion of military and economic aid for Ukraine and its allies now heads to President Biden for his signature.
Posted inBusiness, Maine
Maine’s one-month halibut season opens
The halibut season in Maine is a tightly regulated one and runs from May 18 to June 13.
Posted inBusiness, Nation & World
More Americans applied for jobless benefits last week
But the total number of Americans collecting unemployment benefits is at a 53-year low.
Posted inBusiness, Nation & World, Politics
Biden’s burdens grow amid sagging global economy
His approval ratings have plunged as prices for everyday goods in the U.S. have soared.
Posted inBusiness
‘Pharma Bro’ Shkreli freed from prison for halfway house
He gained notoriety after buying rights to Daraprim and raising its price from $13.50 to $750 per pill.
Posted inArts & Entertainment, Business
Chris Wallace will host interview show for CNN on Sunday nights
Formerly of Fox News Channel, he has made some appearances on the network, including on primary coverage Tuesday night.
Posted inBusiness, Nation & World
Park away from buildings: Engine fire risk prompts Ford SUV recall
Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls.
Posted inBusiness, Nation & World
Moms seeking baby formula tire of being told to ‘just breastfeed’
Meanwhile, the Biden administration is allowing more imports and working to reopen the largest U.S. manufacturing plant.