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Economy

ONLY ON 3: Addition of high-end business sign of economy recovery in Wilmington

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video The Wilmington of the future will look a little different than it does today. Two high-end businesses are coming, and it appears another well-known national chain wants to set up shop here. All this despite the state of the economy. Full story...
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NC Freightliner factory to add 1,100 jobs

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Daimler Trucks North America has announced it will hire 1,100 workers to build long-distance trucks at its NC Freightliner plant as it bulks up after the recession. Full story...
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Unemployment falls to three-year low as economy adds 200K jobs

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A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. Full story...
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Progress Energy CEO to speak at NC economic forum

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The chief executive officer of Progress Energy is among those speaking at the Economic Forecast Forum in Research Triangle Park. Full story...
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Proposed bill would ban cheery SC greeting mandate

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Two South Carolina legislators say state employees shouldn't have to answer the phone with Gov. Nikki Haley's mandated cheery greeting unless it's truly a great day in South Carolina. Full story...
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Wilmington shoppers say they would be sad to see Sears go

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video It's quitting time for more than 100 Sears and Kmart stores across the country. Sears Holding announced Tuesday that the company would have to close the stores, fueling speculation about whether Sears, which has a 125-year history, can turn itself around and survive. Folks in Wilmington say they go out of their way to shop at Sears because of its long history. Full story...
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NC jobless rate dips to 10 percent in 6-month low

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North Carolina's unemployment rate has dipped to 10 percent, the lowest since June, as the private sector added roughly 4,600 jobs. Full story...
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Christmas tree sales affected by the economy

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videoFinances are putting a damper on Christmas tree sales. At least, that's what some Christmas tree lots are reporting this season. Full story...
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Despite better national numbers, local job market still tough

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video New data from the US Labor Department show signs of hope for the job market. The number of people applying for unemployment benefits nationally dropped to its lowest since 2008. But is the Cape Fear seeing a similar situation? Full story...
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North Carolina DOT holds public hearings on ports

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The state Department of Transportation is holding three public meetings this week about what role ports should play in North Carolina's economy. Full story...
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Investors stepping in to revive neighorhoods left for dead after market bust

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video Tidalwalk is a neighborhood on the Intracoastal Waterway in the southern end of New Hanover County. When the housing market crashed, its developer went bankrupt. So Tidalwak sat mostly empty. But now, there's a flurry of activity here again. Full story...
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Wilmington home prices inching upwards

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Homes across Wilmington continue to gain value according to new data released today by CoreLogic. Full story...
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Shoppers still searching for deals after Black Friday sales

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video With the largest turnout of Black Friday shoppers this year, many storeowners are hopeful the economy is taking a turn for the better. We wanted to know this Friday how stores were doing. Full story...
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Unemployment rate falls to lowest since March 2009

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The unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. Full story...
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NC private university lowers tuition to compete

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A small private college in Raleigh is lowering student tuition next year to attract students from middle-class families. Full story...
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