Inflation started rising sharply in the spring of 2021 as the economy rebounded with surprising speed from the short but devastating coronavirus recession a year earlier.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, News
UN doesn’t yet have access to Russian-occupied nuclear plant in Ukraine
There were conflicting reports Friday on the extent of the damage to a transmission line at the complex —Europe’s largest nuclear plant — that caused a blackout across the region on Thursday.
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Posted inBusiness, Nation & World, News
Chairman Powell says Fed could keep lifting rates sharply ‘for some time’
Stocks tumbled after Jerome Powell’s remarks, and bond yields rose, a sign that investors foresee more large interest rate hikes ahead.
Posted inNation & World, News, Politics
FBI: Trump mixed top secret documents with magazines, other items
A just-released 32-page affidavit, even in its redacted form, underscores the volume of sensitive government documents located at Mar-a-Lago and reveals FBI concerns that the records were being retained illegally.
Posted inNation & World, News, Politics
Biden rallies for Democrats, slams ‘semi-fascism’ in GOP
President Joe Biden is calling on Democrats “to vote to literally save democracy once again” in the midterm elections.
Posted inHealth, Nation & World, New England, News
Woman sues Vermont over residency requirement for assisted suicide
Vermont’s law allowing some terminally ill patients to end their own lives shouldn’t apply only to residents, says a Connecticut woman with cancer.
Posted inNation & World
Rapid rainfall floods buildings, highways in Deep South
Officers carried toddlers out of a flooded day care center in Florence, Mississippi.
Posted inNation & World, News
Ukrainian nuclear plant temporarily cut off from power grid
The complex, Europe’s largest nuclear plant, has been occupied by Russian forces and run by Ukrainian workers since the early days of the 6-month-old war.
Posted inBusiness, Nation & World
California looks to phase out gas-fueled vehicles by 2035
Approval of the groundbreaking policy is expected and will trigger a ripple effect throughout the auto industry and across the country.
Posted inNation & World, News, Schools and Education
Nebraska school officials close newspaper after students publish LGBTQ articles
An email from a school employee cancelling the student paper’s printing services said it was “because the school board and superintendent are unhappy with the last issue’s editorial content.”