Not yet clear is how millions of people suddenly having less discretionary income might affect the economy.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, News, Politics
Government shutdown averted with little time to spare as Biden signs funding before midnight
The House and Senate both approved the bipartisan package by wide margins, sending it to President Biden, who signed it just before midnight. All four members of Maine’s congressional delegation backed the measure.
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Posted inNation & World, Uncategorized
Biden backs new offshore drilling in the Gulf of Mexico
The scaled-back plan, which proposes no oil and gas lease sales in Alaska, disappoints all sides.
Posted inNation & World, Uncategorized
Dozens dead after blast in Pakistan at rally celebrating prophet’s birthday
Authorities in Pakistan say at least 52 people were killed and nearly 70 wounded after a suspected bomber blew himself up at the rally.
Posted inNation & World, Uncategorized
New York begins drying out after being stunned and soaked by record-breaking rainfall
The deluge came two years after the remnants of Hurricane Ida dumped record-breaking rain on the Northeast and killed at least 13 people in New York City, mostly in flooded basement apartments.
Posted inNation & World
Michigan teen shooter eligible for life prison sentence, judge rules
The judge cites Ethan Crumbley’s ‘careful and meticulous’ planning in the shooting that killed four students.
Posted inBusiness, Nation & World, News, Uncategorized
Higher gas prices lift inflation gauge, but underlying price pressures remain mild
Excluding volatile food and energy prices, ‘core’ inflation rose by the smallest amount in nearly three years, according to Friday’s report on consumer spending in August.
Posted inNation & World, News, Uncategorized
Bail bondsman charged alongside Trump in Georgia becomes the first defendant to take a plea deal
As part of the deal, Scott Hall will receive five years of probation and agreed to testify in further proceedings.
Posted inNation & World, News, Politics
Judge rules ex-DOJ official Jeffrey Clark can’t move Georgia election case to federal court
U.S. District Judge Steve Jones said he was making no ruling on the merits of the charges against Clark, but he concluded that the federal court has no jurisdiction over the case.
Posted inNation & World, News, Politics
A shutdown is almost certain as McCarthy’s last-ditch plan collapses
Hard-right Republican holdouts rejected the package, despite its steep spending cuts of nearly 30% to many agencies and severe border security provisions, calling it insufficient.