The indexes got off to a solid start on Tuesday, but gains faded by midday on consumer confidence news.
economy
Posted inBusiness, Local & State
Average gas price in Maine nears $5 a gallon
‘I want them to install crying towels here,’ said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
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Posted inBusiness, Local & State, News
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine’s peak tourism season.
Posted inBusiness, Local & State
Maine unemployment rate hits pandemic low of 3.3%
The state’s jobless rate in April was the lowest in two years, and the number of jobs was nearly back to the pre-pandemic level.
Posted inOp-Eds, Opinion
Maine Republican Party vice chair: Democrats aren’t taking our state in a good direction
From the gas pump to the doctor’s office, the majority party in Augusta is intent on draining Mainers’ wallets, Shane Reitze says.
Posted inBusiness, Local & State, Times Record
Wedding wave coming in 2022 after two years of pandemic postponements
Maine expects a surge in weddings big and small in 2022, according to local vendors and data from the Portland City Clerk’s office.
Posted inOp-Eds, Opinion
Insight: Our lives will improve if daylight saving time becomes permanent
The Sunshine Protection Act will save lives, conserve energy and prevent crime. The Senate passed it last month – now it’s time for the House to follow suit.
Posted inBusiness, Nation & World, News
From beer to semiconductors, extended war will hit U.S. state economies
While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
Posted inOp-Eds, Opinion
Jim Fossel: Democrats need to start thinking small
If they want to get anything done, Democrats in Washington should stop trying to pass sweeping bills that have no Republican support.
Posted inBusiness, Nation & World
U.K. to give $1.3 billion in aid to businesses hurt by omicron
The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.