inflation
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PublishedOctober 14, 2022
As the causes of inflation grow, so do the dangers
Consumer prices skyrocketed 6.6% from a year ago – the fastest pace in 40 years.
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PublishedOctober 14, 2022
U.S. retail sales stagnate as inflation, rates hit consumers
Consumers are feeling a bigger pinch from rampant price pressures.
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PublishedOctober 13, 2022
U.S. homes face longest streak of energy bill increases in decades
U.S. heating bills are poised to be even costlier, given signs of soaring oil and natural gas prices and cooling temperatures ahead of winter.
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PublishedOctober 13, 2022
Worsening inflation will pressure Fed to keep raising rates
Even with widespread price spikes, the September data showed that the prices for many physical goods, including clothing, used cars, furniture, and appliances, dropped last month.
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PublishedOctober 7, 2022
Commentary: Biden’s fight against inflation is failing homeowners
The president and congressional Democrats are relying on the Fed to bring down prices by raising interest rates.
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PublishedOctober 7, 2022
Grocery bill going up? Here’s how to eat cheaper
With inflation affecting the price of supermarket staples, we talked to Maine food experts about shopping smart and stretching meals.
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PublishedSeptember 30, 2022
Ad Watch: LePage ad claims big budget increase under Mills
In 'Maine Choices,' former Gov. Paul LePage claims Gov. Janet Mills' budget was 580% higher than inflation. It's true, but that isn't as damning as the Republican challenger would like you to believe.
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PublishedSeptember 22, 2022
Powell’s stark message: Inflation fight may cause recession
The Federal Reserve also forecast more jumbo-size hikes to come, raising their benchmark rate to roughly 4.4 percent by year's end.
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PublishedSeptember 21, 2022
Biden at UN to call Russian war an affront to body’s charter
White House officials say the crux of President Joe Biden's visit to the U.N. this year would be a full-throated condemnation of Russia as its brutal war nears the seven-month mark.
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PublishedSeptember 13, 2022
Markets shudder on dashed inflation hopes; Dow falls 1,250
The inflation figures were so bad that traders see a 1-in-3 chance for a rate increase of a full percentage point by the Federal Reserve next week.
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