His challenge is changing policy to ease inflation but not tightening so much that the economy stalls.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Con Edison proposes new power transmission line from Aroostook County
A subsidiary of energy delivery giant Consolidated Edison Inc. is seeking to connect planned energy projects in northern Maine to New England’s electrical grid.
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Posted inBusiness, Food & Dining
The Wrap: Italian seafood coming to Kennebunk, a new vegan-friendly brunch menu in Portland
An Italian osteria in Washington D.C. expands to Kennebunk this spring, vegan brunch launches at Bird & Co., plus restaurant reopenings and expansions in Portland.
Posted inBusiness, Nation & World
From banking to sports to vodka, Russia’s isolation grows
The diverse actions against Moscow are extraordinary for their startling speed.
Posted inBusiness, Maine
Maine Community Foundation names new president and CEO
Incoming chief executive Deborah Ellwood is a leader in the field of community foundations with close ties to Maine.
Posted inBusiness, Maine, News, Politics
Gov. Mills proposes bigger refunds to taxpayers as state budget surplus grows
Gov. Janet Mills proposes using half of a $411 million projected rise in the state’s revenue surplus to increase direct payments to taxpayers from $500 to $750.
Posted inBusiness, Nation & World
Big tech grapples with Russian state media, propaganda
After the European Union’s president called for a ban on Russian state media, a wave of tech companies blocked the channels from their platforms.
Posted inBusiness, Maine, News
Maine labor unions to form climate change panel
The group will work to ensure that jobs created from addressing climate change are union and offer good wages.
Posted inBusiness, Nation & World, Politics
Biden’s high court choice defies expectations on labor cases
‘She has a reputation of fairness and impartiality … guided by fidelity to fact and law,’ a longtime associate says.
Posted inBusiness
Swings return, leaving major stock indexes mixed
Meanwhile, oil prices on both sides of the Atlantic climb more than 3 percent.