Local sellers say they feel the strain of less inventory — vehicles and parts — and do not know when the problem will ease.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
In a cold winter, Maine household budgets buckle under growing energy burden
Skyrocketing prices for electricity, heating oil and gasoline are hitting Mainers especially hard when the mercury falls.
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Posted inBusiness, Nation & World
EU chief: Russia could be cut off from financial markets, high-tech goods
British Prime Minister Boris Johnson says the U.K. is coordinating its sanctions closely with the European Union.
Posted inBusiness, News
Central Maine business briefs: Jennifer McCormack appointed Rangeley Health and Wellness executive director
People & Places: Trademark Federal Credit Union welcomes new president and CEO Peter St. Onge.
Posted inBusiness, Maine
Maine lobster at risk of losing a sustainability label over right whale concerns
The California-based Monterey Bay Aquarium Seafood Watch program is considering which species to add to its ‘red list.’
Posted inBusiness, Nation & World
Stocks fall again, handing Wall Street another losing week
Markets have been turbulent all week as investors watch the latest developments in Ukraine, where Russia has been amassing troops on the border.
Posted inBusiness, Nation & World
Treasury brews up ideas for a more competitive beer market
The government is looking at ways to loosen the grip of a few big beer companies that control 65% of the market.
Posted inBusiness, Nation & World
Fed officials push back on rapid interest rate hikes
Some favor a ‘steady’ increase, because an overly aggressive approach could choke the economy while too much caution could let inflation spiral further.
Posted inBusiness, Maine
Maine home listings pricey and scarce, with mortgage rate hikes on the way
Home prices in the state continued to rise in the first month of the year, while the number of available homes for sale continued to fall.
Posted inBusiness, Kennebec Journal, Maine
Redzone Wireless discusses timeline for broadband coverage plan during Litchfield meeting
Company officials estimate that the internet service will go live in June under a deal with the Kennebec County town.