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Economy

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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'Cyber Monday' sales rise 33 percent

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A new report says a record number of shoppers made purchases online on the Monday after the Thanksgiving holiday weekend, pushing sales up 33 percent. Full story...
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Unemployment ticks down in NC

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North Carolina's unemployment rate dropped slightly from September and October, but it continues to be well above the national level. North Carolina's rate is 10.4 percent compared to 9.0 percent nationally. Full story...
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NC lawmakers trade accusations again over layoffs

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State government data on how many laid-off public workers in North Carolina are getting severance are raising questions about how many people no longer have jobs under the budget pushed through by Republicans lawmakers. Full story...
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City approves bonuses and party for employees

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video The issue of bonuses for city employees was expected to be a hot button topic at tonight’s city council meeting, but with no public opposition, council passed the motion unanimously. Full story...
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Governor says Burgaw small business model for job creation

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video With the economy continuing to falter and jobs still hard to come by, some folks are getting creative on how to make a buck. One company in our area is taking a load off those who don't know how to cook, and has even gotten the governor's attention. Full story...
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