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Banks Raise a Big Money Rate
The Federal Reserve is a group of banks. It watches how the country's money is doing. This week, it raised an interest rate. An interest rate is the cost to borrow money. The rate is now…
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The Federal Reserve is a group of banks. It watches how the country's money is doing. This week, it raised an interest rate. An interest rate is the cost to borrow money. The rate is now…
Read articleGovernment
Congress passed a short-term funding bill. It will keep the government open. Lawmakers want to avoid a shutdown. Elections are coming up soon. Earlier this year, a shutdown lasted four days. That shutdown affected many workers.…
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Aaron Judge is a Yankees star player. He hurt his right calf muscle. He is going back on the injured list. Judge had just returned from a rib injury. He only played seven games this time.…
Read articleSouthern Maine
Summer is ending in Maine. The air is turning cooler now. Fall officially begins later this month. Leaves will soon change color. Many families enjoy picking apples in fall. Cooler days mean warm sweaters and jackets.…
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Many Maine towns are planning fall events. Craft groups will set up fall markets. Families can shop for handmade gifts. Downtowns will host fun weekend activities. Local artists will share their work. These events help small…
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The Federal Reserve raised its main interest rate this week, marking its first increase since 2023. The rate moved up by a quarter point, landing between 3.75 and 4 percent. All twelve committee members supported the…
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When the Federal Reserve raises interest rates, everyday borrowing tends to get pricier. Credit card interest rates often climb within a few weeks. Car loans and personal loans may also cost more. Home mortgage rates can…
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The Federal Reserve also shared a new economic forecast. Officials now expect unemployment to rise a bit. They predict a rate of 4.1 percent by year's end. That number is higher than before. More people may…
Read articleGovernment
The U.S. House passed a short-term funding bill this week. The goal is to keep the government open before the midterm elections. Senate leaders also reached a deal to support the plan. Earlier this year, the…
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Yankees star Aaron Judge is heading back to the injured list. He is dealing with a strained right calf muscle. Judge had only played seven games since returning from a broken rib. The Yankees opened a…
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The American League East race is heating up this September. The New York Yankees currently trail the Tampa Bay Rays by five games. Every win counts as the regular season nears its end. The Yankees recently…
Read articleSouthern Maine
Summer warmth is fading across southern Maine this week. Mornings feel cooler, and evenings arrive earlier than before. Fall officially begins later this month, marking a seasonal shift. Trees will soon start turning bright shades of…
Read articleGood News
Communities across Maine are getting ready for fall festivals. The Maine Crafts Association is sharing news about craft markets. Local artists will sell handmade items at these events. Downtown groups are planning weekend festivals across the…
Read articleTop Story
The Federal Reserve raised its benchmark interest rate this week, marking the first increase since 2023. The rate now sits between 3.75 and 4 percent, a quarter-point increase from before. All twelve members of the committee…
Read articleMoney & Work
The Federal Reserve's decision to raise interest rates will likely affect how much everyday borrowing costs American families. This is the first rate increase since 2023. The Fed had kept rates steady for more than two…
Read articleMoney & Work
Alongside its interest rate decision, the Federal Reserve also released an updated economic forecast this week. Officials now expect the national unemployment rate to rise slightly, reaching about 4.1 percent by year's end. That figure is…
Read articleGovernment
The U.S. House passed a short-term funding bill this week to keep the federal government open. The measure comes as lawmakers try to avoid a shutdown ahead of the midterm elections in November. Senate leaders also…
Read articleSports
New York Yankees slugger Aaron Judge is returning to the injured list with a strained right calf. The setback arrives just seven games after he rejoined the lineup following a lengthy absence for a fractured rib.…
Read articleSports
The American League East division race is entering its final stretch with several teams jockeying for playoff position. The New York Yankees currently trail the Tampa Bay Rays by five games as the season winds down.…
Read articleSouthern Maine
Cooler temperatures are settling across southern Maine as summer gives way to fall. Mornings now carry a noticeable chill. Daylight hours are also shrinking as the region approaches the autumnal equinox later this month. Meteorologists note…
Read articleGood News
Communities across Maine are preparing for a busy season of fall festivals and craft markets. The Maine Crafts Association has highlighted several upcoming events where local artisans will sell handmade goods. Downtown organizations in towns throughout…
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