Single-family housing starts have now risen 3 months in a row and are outpacing home completions for the first time since the spring of last year.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Twin crises send cargo ships back to 18th-century trade routes
Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals.
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More American auto buyers are turning to hybrids as sales of electric vehicles slow
The slowdown has raised concern among automakers that buyer interest in EVs is faltering. Some companies are cutting production and scaling down plans for new battery or assembly plants.
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UN says more than 1 in 4 people in Gaza are starving because of war
A report from the U.N. finds that more than half a million people in Gaza are starving because of not enough food entering the territory since the outbreak of war more than 10 weeks ago.
Posted inBusiness, Nation & World
Ready, set, travel: The holiday rush to the airports and highways is underway
AAA is forecasting that 115 million people will go 50 miles or more from home between Saturday and New Year’s Day.
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Agreement on UN resolution on critical aid for Gaza is ‘very close’ and vote expected, sponsor says
The U.S. has been struggling to change the text’s references to a cessation of hostilities in the Israel-Hamas war, but the key sticking point is the inspection of aid trucks entering Gaza to ensure they are only carrying humanitarian goods.
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Clarence Thomas faces calls to recuse himself from Jan. 6 Trump cases
Critics say Thomas’s wife’s publicly documented efforts to challenge the 2020 election results should disqualify him from making decisions on pivotal issues related to the Jan. 6, 2021 attack on the U.S. Capitol.
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Rudy Giuliani files for bankruptcy days after being ordered to pay $148 million in defamation case
The former New York City mayor listed nearly $153 million in existing or potential debts.
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Gunman opens fire in Prague university, killing 14 in Czech Republic’s worst mass shooting
Police gave no details about the victims or a possible motive for the shooting, and it remained unclear whether the shooter took his own life or was killed by officers.
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Hamas leader visits Cairo as talks build for another Gaza cease-fire
The visit to Cairo by Ismail Haniyeh came a day after Hamas fired rockets that set off air raid sirens in central Israel.