Presley Gerber, son of Cindy Crawford and Rande Gerber, dies at 27
Presley Gerber, 27, son of supermodel Cindy Crawford and businessman Rande Gerber, died at a Los Angeles, California, rehab facility on Sunday.
WCNC Charlotte
Economy
Economic news, jobs, and budget
The Roots headline the North Carolina Folk Festival as crowds fill downtown Greensboro
Organizers are projecting up to $20 million in revenue this year, while downtown businesses report steady crowds as attendees come out for the free performances.
WFMY News 2
12-year-old Tennessee boy gives back after lemonade stand becomes highly successful
The business grew out of a homeschool entrepreneurship class. The stand now generates nearly half a million dollars in sales and donates 20% of its proceeds back.
WFMY News 2
North Carolina Folk Festival expected to draw 150,000 to Greensboro, boost local businesses
More than 150,000 people are expected at the Folk Festival, bringing millions in projected revenue and new opportunities for Greensboro businesses and artists.
WFMY News 2
NC Newsline
Wages, economic worries take center stage at NC AFL-CIO convention
Like a lot of people who’ve moved to North Carolina in recent years, Christa Jackson was looking for a lower cost of living. These days, she’s not finding it. “I moved here three years ago from Los Angeles. Never thought that my very fuel-efficient, 12-gallon car would cost me $46 to fill-up here,” said Jackson. […]
NC Newsline
Slammed by storms and hurricanes, Hawaii small businesses ask tourists to return with aloha and some patience
Small businesses are grateful tourists have given the island time to recover, but they now fear too long of a pause could put them out of work.
WFMY News 2
It's National Cheeseburger Day! See the list of free, discounted burgers
Celebrate National Cheeseburger Day on Friday, Sept. 18 with budget-friendly burger specials from Burger King, McDonald's, Applebee's and more.
WFMY News 2
Local barbershop owner makes an offer to the teens who ransacked his business
A west Charlotte small business owner is asking a group of teens to take responsibility after smashing through his barbershop over the weekend.
WCCB Charlotte
NC Newsline
Data centers, grid strain and the role of wind energy
Energy demand is surging across the Southeast as states are also grappling with the reality of economic growth and rising electricity costs. One way to meet rising energy demand, ensure grid reliability, and keep costs stable is by diversifying states’ energy mixes. In the Southeast, wind energy could play a crucial role. Data centers are […]
NC Newsline
US futures climb after Fed takes a hawkish turn on inflation
U.S. futures are pointing to a rebound for markets Thursday following the Federal Reserve’s first interest rate hike in three years.
WCCB Charlotte
Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice
The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first rate hike since the summer of 2023.
WCCB Charlotte
Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation and the central bank also signaled that another rate hike could occur later this year.
WCCB Charlotte
NCDEQ awards $3.4M in dam grants
Turner Shoals among three high-hazard dams receiving state funds as North Carolina expands post-Helene dam safety work The post NCDEQ awards $3.4M in dam grants appeared first on Carolina Journal.
Carolina Journal
NC Newsline
Fed raises interest rates for first time in 3 years, battling persistent inflation
WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]
NC Newsline
NC ranks among top 10 states for innovation
The state’s innovation economy has improved faster than that of the US overall since the early 2000s. The post NC ranks among top 10 states for innovation appeared first on Carolina Journal.
Carolina Journal
NC Newsline
Mother finds success on third try at employment, life skills training program
The third time was a charm for Brooke Jackson. The mother of three finally completed self-improvement programs at StepUp Ministry that she first began in 2023, but dropped out of twice. “Things went well for a while until life showed up and I had to separate from the program,” Jackson said, referring to the first […]
NC Newsline
Some inconvenient truths about an inconvenient subject
There are many reasons that a heck of a lot of people in 21st Century North Carolina – a modern, wealthy, high-tech society of more than 11 million – regularly face a harsh reality usually associated with impoverished third world nations: hunger and malnutrition. Topping the list: poverty. More than 12% of North Carolinians live […]
NC Newsline
Steel company to invest $19M in Fayetteville expansion
Expanding operations of an existing Fayetteville based steel-fabrication company promises to create 38 new jobs funded in part by a OneNC Fund. The post Steel company to invest $19M in Fayetteville expansion appeared first on Carolina Journal.
Carolina Journal
Anthropic CEO Dario Amodei says AI industry needs to give safety measures time to catch up
The CEO of Anthropic says the artificial-intelligence industry should slow its fast-moving development to give safety measures time to catch up. Without such a slowdown, Dario Amodei warned on Saturday that AI could be capable within six to 12 months of leading a swarm that could take over the entire internet, among other risks.
WCCB Charlotte
Black and minority business owners press NC leaders for new state contracting goals
GREENSBORO — For years, Gerald Carr knew where to turn when his Charlotte construction company needed help navigating North Carolina’s state contracting system. Now, Carr said, the rules have changed and businesses like his are scrambling to figure out what comes next. Carr, CEO of All-Pro Builders and Restorations, was among the dozens of Black […]
NC Newsline