Maine’s lobster population has been booming for the past few decades as coastal waters grow warmer due to climate change. But scientists have reason to believe that boom may soon go bust, as other climate change-related side effects put pressure on lobster populations and on the industries that depend on them.
Cheddar News reporter Chloe Aiello visited Kennebunkport, Maine, to speak with scientists and lobstermen to find out more.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
