September 22, 2022, 9:35am Business
The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Read story
September 22, 2022, 9:20am Business
The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation. Read story
September 22, 2022, 6:30am Business
Tourism rebounded this summer in Europe — and Europe wasn’t ready. Pandemic-related staff shortages led to massive lines and flight cancellations at many airports; meanwhile, prices for hotels and taxis soared. Read story
September 22, 2022, 6:03am Business
C-Tran’s CEO Shawn Donaghy recently raised concerns about a breakdown in communication between the Interstate Bridge Replacement Program and C-Tran. Read story
September 21, 2022, 4:09pm Business
A last-minute deal prevented a railroad strike for now, but many rail workers remain unhappy with working conditions, including some who protested outside their workplaces Wednesday ahead of votes to approve the new contracts. Read story
September 21, 2022, 2:58pm Business
In a major action to address climate change, the Senate on Wednesday ratified an international agreement that compels the United States and other countries to limit use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigeration and air conditioning that are far more powerful than carbon dioxide. Read story
September 21, 2022, 2:15pm Business
Stocks closed lower Wednesday after the Federal Reserve made another big interest rate hike and sharply increased its outlook for how high it expects to raise rates in coming months. Read story
September 21, 2022, 12:12pm Business
The state of Maine and a fishing group are appealing a federal judge’s decision that new rules intended to protect endangered whales must stand. Read story