The president’s visit come amid lawmakers’ efforts to prevent a rail strike.
economy
Posted inBusiness
U.S. stock indexes fall as lockdown protests spread in China
Investors have a busy week ahead as they continue monitoring the hottest inflation in decades and its impact on consumers.
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Posted inBusiness, Nation & World, News
On election eve, the state of the U.S. economy is a blurry one
From certain angles, the nation’s economic picture looks like a healthy one, but it’s being photo-bombed by an unsightly intruder: Chronically high inflation.
Posted inBusiness, Nation & World, News
U.S. economy rebounds amid resilient consumers, businesses
The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.
Posted inBusiness, Nation & World, News
U.S. economy shrank at 0.6% annual rate from April through June
It marked the second consecutive quarter of economic contraction, one informal rule of thumb for a recession.
Posted inOp-Eds, Opinion
Marty Walsh: Actually, America’s workforce is stronger than ever
We shouldn’t emerge from the pandemic with a soured view of our national work ethic, the U.S. labor secretary says.
Posted inBusiness, Local & State, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inEditorials, Opinion
Our View: White House reassurance on recession should not be taken at its word
Lack of consensus on America’s economic prospects makes it best to err on the side of caution.
Posted inBusiness, Food & Dining, Local & State
Expect higher costs, more closures as seasonal worker shortage strains Maine restaurants
Overburdened and understaffed restaurant owners consider wage and menu price hikes to stay in business.
Posted inBusiness, Nation & World
U.S. economy slipped 1.6% to start year, but growth is expected to return
It was the first drop in gross domestic product – the broadest measure of economic output – since the second quarter of 2020, in the depths of the COVID-19 recession.