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With rising interest rates and tight inventory, Maine’s residential real estate market is likely to see fewer transactions in 2023 than in the last three years. But mortgage rates might have peaked.
A roundup of new hires, promotions and achievements at companies around Maine.
Guest columnist Kenneth J. Entenmann, chief economist at NBT Wealth Management, says higher interest rates, inflation and the threat of inflation cloud the economic outlook for 2023.
Katahdin Bankshares is the parent company of Katahdin Trust Co., which is based in Houlton and has more than $966 million in assets.
A Freeport resident, Janice Latulippe recently retired from BerryDunn, having served as a principal and leader of the firm's financial services practice group.
Over the course of 2022, Norway Savings awarded nearly $1.1 million to 358 nonprofits statewide.
A recap of 2022 Mainebiz cover stories.
The Maine State Chamber has yet to name a successor to Dana Connors, who will retire as president of the organization in the coming weeks.
Maine recaps 10 pieces of good news in 2022, ranging from the return of the TD Beach to Beacon 10K to a Portland dining spot making the cut for Esquire magazine's list of best new restaurants.
The Damariscotta-based parent of First National Bank will pay a quarterly cash dividend of 34 cents per share on the heels of strong operating results in 2022.
Sheryl McQuade, who joined TD in 2019, was a member of the TD's 2021 Most Powerful Women in Banking Team.
Two long-standing research team members receive new titles and responsibilities at HM Payson.
CEI partnered with 91 businesses to increase job quality. Goals include supporting the creation of good jobs and expanding diverse business ownership.
The Three Corners Solar project crosses through Unity Township, Clinton and Benton. Located within CMP’s transmission system, it will produce enough power for 30,000 homes.
At Maine Family Federal Credit Union, Dan Clarke takes over for former CEO Rachel Caron, who retired in June.
A roundup of new hires, promotions and professional achievements from around Maine.