-
PublishedMay 3, 2024
U.S. employers scaled back hiring in April. How that could let Fed cut interest rates
The Fed has been delaying any consideration of interest rate cuts until it gains more confidence that inflation is steadily slowing.
-
PublishedMay 3, 2024
Yellen says threats to democracy risk U.S. economic growth, an indirect jab at Trump
Her remarks serve as a sort of warning for business leaders who may overlook Trump’s disregard for modern democratic norms because they prefer the former president's vision of achieving growth by slashing taxes.
-
PublishedMay 3, 2024
Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.
-
PublishedApril 26, 2024
Inflation is overshadowing U.S. economic resilience, hurting Biden
Most economists say the underlying momentum of the U.S. economy remains strong. But growth and jobs – which have been surprisingly sturdy – have generated little tangible benefit to Biden’s hopes for reelection.
-
PublishedApril 26, 2024
Maine made progress in wages and productivity, but still faces shrinking labor force
A report released Friday by the Maine Department of Economic and Community Development says the state has hit some of its 2030 targets but has fallen short of 'where we need to be.'
-
PublishedApril 25, 2024
U.S. growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
A surge in imports, which are subtracted from GDP, reduced first-quarter growth by nearly 1 percentage point.
-
PublishedApril 14, 2024
Impact of remote work still echoes in Portland’s office buildings
Though it has fared better than other metropolitan areas – the national office vacancy rate has hit record levels – the city, and its businesses, feel the pinch.
-
PublishedMarch 31, 2024
What does the Baltimore bridge collapse mean for Maine’s supply chains?
The effects won't reach the state for over a month, one expert said. But there could be delays in restocking various goods, and consumers may see prices go up.
-
PublishedMarch 22, 2024
Immigration is fueling U.S. economic growth while politicians rage
The surprising pace of U.S. job growth is attributable in part to immigrants.
-
PublishedMarch 14, 2024
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for U.S. economy
American shoppers picked up their spending a bit, but last month’s gain was weaker than expected.
- 1
- 2
- 3
- …
- 36
- Next Page →