Economists raise alarm over economy
The job market is continuing to chug along despite uncertainty about the economy and how President Donald Trump’s tariffs could shake out.
Supreme Court says states can block Medicaid money for health care at Planned Parenthood
States can block the country’s biggest abortion provider, Planned Parenthood, from receiving Medicaid money for health services such as contraception and cancer screenings without facing lawsuits from patients, the Supreme Court ruled on Thursday.
Reward money in Asha Degree case now up to $100,000
The reward in the Asha Degree case has grown to $100,000. North Carolina Governor Josh Stein announced an additional $25,000 on Wednesday.
From Mow Money to Mo' Problems: Lawn guy arrested for throwing massive party at client's Weddington house
Imagine hiring a Charlotte man to mow your lawn only to find out he is throwing a massive party at your house in Weddington while you are on vacation. That's exactly what Union County deputies say happened over the weekend.
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
Inflation rose slightly last month as grocery prices ticked higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
US stocks drift higher as trade talks start with China in hopes of avoiding a recession
U.S. stocks are drifting higher on Monday as the world’s two largest economies begin talks on trade that could help avoid a recession.
How the Vatican manages money and where Pope Leo XIV might find more
The world's smallest country has a big budget problem.
Gov. Stein proposes more money to help with Helene recovery
Governor Josh Stein is recommending an additional $891 million dollars to help western North Carolina rebuild in the aftermath of Hurricane Helene.
Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists expect will become more visible in the coming months.
NC and SC Attorneys General to WeChat: You have 30 days to address drug money laundering
They say the app is being used by Chinese brokers to help Mexican cartels move drug money out of the U.S. and back to their suppliers.
Stocks surge after U.S. and China announce a 90-day trade war truce
U.S. and Chinese officials say they have called a 90-day truce in their trade war, rolling back most of their recent tariff hikes and saying they're planning more talks on resolving trade disputes.
Federal Reserve official sees signs of slowing economy but not ready to cut rates
Federal Reserve official sees signs of slowing economy but not ready to cut rates.
McDonald's store traffic falls unexpectedly as diners grow uneasy about economy
McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners.
Apple posts stronger-than-expected Q2 results but stocks slides after-hours
Apple’s profit and revenue for the fiscal second quarter topped Wall Street’s expectations, but investors are waiting to hear what CEO Tim Cook has to say about the impact of tariffs and economic uncertainty on its business.
Wall Street sinks following signals that the US economy is sputtering
U.S. stocks are tumbling following a discouraging report suggesting the U.S. economy may have shrunk at the start of the year, before most of President Donald Trump’s announced tariffs could take effect.
Rise & Chime In: What item have you wasted money on?
The Rising crew shares the item they've wasted money on.
Second largest NC landlord reaches settlement in rent inflation lawsuit
Cortland Management, the second largest landlord in the state has agreed to stop using RealPage, an AI software that the NC Attorney General says inflates the price of rent.
Stocks sink after White House clarifies US is tariffing China at 145%
U.S. stocks are surrendering most of their historic gains from Wednesday as President Donald Trump’s trade war continues to confuse and threaten the economy, even if its temperature has cooled a bit.
Stocks surge after President Trump announces a 90-day pause on most tariffs
U.S. stocks are flying higher after President Donald Trump announced a drop in some of his tariffs, except for China.
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth. Powell said Friday that the tariffs, and their impacts on the economy and inflation, are “significantly larger than expected.”
Trump to announce 'reciprocal' tariffs in a risky move that could reshape the economy
After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike.
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending.
Dow drops 950, and Wall Street flirts with its worst day in years on worries about the economy
The U.S. stock market is flirting with its worst day in years as its sell-off cuts deeper.
Inflation rises to 3% for the first time since June
Inflation climbed again in January, hitting 3-percent for the first time since June 20-24.
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