Still, there are signs the red-hot housing market is beginning to cool a bit, an economist says.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Maine jobless claims hold steady as U.S. claims rise from pandemic low
Hiring has picked up nationally, though businesses say they often can’t find enough employees at the wages they’re willing to pay.
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Posted inBusiness, Maine
Portland International Jetport on track for record summer as travel surges despite pandemic
Airline seats for sale through Maine’s biggest airport set a record for July and August, indicating strong demand for leisure travel during the state’s peak tourism season.
Posted inBusiness, Lewiston-Auburn
Lewiston’s Rancourt & Co. hand-sews 2021 Olympic sneakers for opening, closing ceremonies
“We’re making sneakers for people who are going to be on the world stage.” — President Mike Rancourt.
Posted inBusiness, Nation & World, New England
Seaplanes to take flight from Boston Harbor to New York City
Tailwind Air says the flights will take around 75 minutes and fares will start at $395 one way.
Posted inBusiness, Nation & World
Stocks climb on Wall Street as more company earnings roll in
The market’s swift rebound from Monday’s sharp sell-off reflects investors’ tug-of-war as they factor in signs of growth and risk in the economy.
Posted inBusiness, Nation & World
Airlines say COVID-19 variants aren’t hurting bookings
More than 2 million people a day, mostly summer vacationers, are packing U.S. airports.
Posted inBusiness, Nation & World
U.S. agency pledges tough action to buttress ‘right to repair’
The Federal Trade Commission eyes new rules targeting manufacturers’ restrictions on repairs to cellphones, computers and other devices.
Posted inBusiness, Nation & World
Used-car prices slip from dizzying heights
But while demand has eased a bit, a steady flow of buyers could keep prices unusually high for a couple of years more.
