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PublishedAugust 3, 2022
Back-to-school shopping: Families reach for cheaper options
A basket of roughly a dozen supply items showed a price increase of nearly 15% on average for this back-to-school season compared with a year ago as inflation squeezes all areas.
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PublishedJuly 28, 2022
Biden calls inflation-fighting deal with Sen. Manchin ‘godsend’ for U.S. families
A 15% corporate minimum tax will help fund the new costs, with extra going to deficit reduction.
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PublishedJuly 28, 2022
U.S. economy shrank 0.9% last quarter, its 2nd straight drop
The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
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PublishedJuly 27, 2022
At summer’s peak, tourism has been a mixed bag so far in Maine
Visitors are still coming, but higher gas and other prices have some reining in their spending.
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PublishedJuly 21, 2022
Commentary: Why don’t we just meet Joe Manchin in the middle?
While deeply unpopular with his Democratic colleagues, the West Virginia senator hews closer to the views of most Americans than you might think.
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PublishedJuly 16, 2022
Gas prices decline, but experts unsure if the trend will continue
The average price of regular gasoline in Maine is down 32 cents a gallon from its June peak, with York County reporting the lowest countywide average.
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PublishedJuly 14, 2022
Wholesale inflation in June surged 11.3% from a year ago
The U.S. producer price index – which measures inflation before it hits consumers – rose at the fastest pace since hitting a record in March.
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PublishedJuly 13, 2022
Why inflation is so high, and when it might ease
But relief from higher prices might be coming.
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PublishedJuly 13, 2022
U.S. inflation reached a new 40-year high in June of 9.1%
Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike.
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PublishedJuly 13, 2022
U.S. inflation surged again in June, raising risks for economy
Lower-income and Black and Hispanic Americans have been hit especially hard.
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