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.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
