A population explosion is straining infrastructure, hurting the climate, driving up the deficit and fueling competition for housing. Federal officials should keep this in mind when making policy.
economy
Posted inBusiness, Nation & World, News
Even on $100,000-plus, more Americans are living paycheck-to-paycheck
This year may bring further pressure, with less than half of the respondents saying they expect their incomes to keep pace with inflation.
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Posted inTimes Record
Wayfair set to leave Brunswick Landing
Brunswick Landing’s largest employer, Wayfair, confirmed Tuesday it will not renew the lease on its last Maine office after most local employees shifted to remote work during the pandemic.
Posted inMaine Voices, Opinion
Maine Voices: Again and again, consumers are pushed to the back of the line
I consider myself mild mannered, but even I have been pushed to the brink of meltdown by endless waits and poor customer service.
Posted inBusiness, Nation & World, News
A slowdown in U.S. inflation eases some pressure on households
Gas and electricity prices have fallen, but grocery costs continue to be a sore spot.
Posted inTimes Record
Report: Out-of-state recruiting helps BIW drive Maine economy
An analysis from University of Southern Maine’s Center for Business and Economic Research found Bath Iron Works supported more than $1.8 billion in economic output in 2021, thanks in part to the shipyard’s push to draw out-of-state workers, a strategy labor experts say could help solve the problem of Maine’s shrinking workforce.
Posted inBusiness
At Michigan chip plant, Biden says unions ‘built middle class’
The president’s visit come amid lawmakers’ efforts to prevent a rail strike.
Posted inBusiness, Nation & World, News
Many people expect a recession. Could the economy avoid one?
Ever since the Fed started aggressively hiking interest rates in March, crucial pillars of the economy have stayed remarkably strong.
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.
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.