economy

The company, which has over 1,700 stores in North America, has eliminated thousands of positions

When they found out what they would be paid, many decided the long hours were not worth their time.

The Economic Policy Institute has a new family budget calculator. It estimates what it would cost for someone to live in what they describe as a 'modest but comfortable.'

The Economic Policy Institute has a new family budget calculator. It estimates what it would cost for someone to live in what they describe as a 'modest but comfortable.'

Tourism in Maine is down this summer, at least when it comes to Canadians coming to vacation in the state due to a lagging dollar.

The unemployment rate in Maine dropped to 5% in February 2015.

You can credit the mild weather during the holiday shopping period, you can credit Governor LePage, President Obama or any other number of factors, but judging by last year's taxable sales it seems that the economy is moving in the right direction.

Business Insider recently ranked all 50 states based on their economy.  Where does Maine fall in the ranking?

JC Penney will be closing about 40 stores nationwide, affecting about 2,250 employees. Most of the closures will take place in the beginning of April. See the list of stores scheduled for closure below.

Maine gas prices were down another eight cents per gallon this week, the average price for a gallon of gas in Maine is now at $2.48. That's according to the price-monitoring website GasBuddy.com.