Lobster lovers can expect to pay in excess of $40 for a single roll at some of the state’s most popular summer eateries. The average price is closer to $30.
inflation
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.
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Posted inBusiness
Consumers defy inflation to support economy. For how long?
Consumers as a whole are showing surprising resilience, not only sustaining their spending but increasing it even after adjusting for inflation.
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, Nation & World, News
U.S. inflation dips from four-decade high but still causing pain
Wednesday’s report on consumer prices contained some cautionary signs that inflation may be becoming more entrenched.
Posted inNation & World, Politics
Biden pushes ‘ultra-MAGA’ label on Republicans as he defends his record
The president acknowledges that he could ‘taste’ the country’s dissatisfaction with Washington, particularly over rising prices, but he tries to channel the anger against the Republican Party.
Posted inBusiness, Nation & World, News
Americans put more on credit cards as inflation boosts costs, Fed data show
A record 537 million credit card accounts were opened in the first quarter, a jump of 31 million over the past year.
Posted inEditorials, Opinion
Another View: Bad 1970s economic news is back to haunt Biden
Stagflation, or economic stagnation amid persistent inflation, is a curse Joe Biden doesn’t need ahead of the midterm elections.
Posted inOp-eds, Opinion
Commentary: Manchin’s energy plan is just what Biden needs
The president can show his commitment to low gas prices by supporting the senator’s efforts to reach a compromise.
Posted inBusiness, Local & State
Maine launches website to explain relief check rules
The site answers questions about the $850 checks that will be sent to many Mainers beginning in June.