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Economy

Home prices in Wilmington increase

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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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ONLY ON 3: Local leaders look to state to expand rail service

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video Everyone is looking for more jobs and business to get our economy back on track. Transportation planners say one solution could be restoring a 27-mile stretch of railroad between Castle Hayne and Wallace. Full story...
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State offers tax break on Energy Star appliances this weekend

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video In today's economy everybody's looking to save a few bucks wherever they can. This weekend, you may be able to do that in a big way not only at the store, but also at home on your electric bill. Full story...
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Biotechnology company to create 52 jobs in Brunswick County

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CMS Food Solutions, Inc., owner of an innovative proprietary food safety technology, will open a manufacturing facility in Leland according to the governor's office. The project is expected to create 52 jobs and the company expects to invest $4.4 million in the plant. Full story...
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As holidays approach, seasonal jobs a welcome gift to many

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video It's hard to believe, but it already starting to look a lot like Christmas... at least when you go shopping. The holidays are still weeks away, but many business are already preparing for them. And for those looking for a job, now is a better time than any to find a temporary job Full story...
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Bank of America nixes $5 debit card fee

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Bank of America is nixing its plans to charge a $5 debit card fee. The bank says in a statement that the decision to scrap the plan came after listening to customer feedback in recent weeks. Full story...
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Unemployment down in Wilmington area in September, still higher than a year ago

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Unemployment dropped in 92 of North Carolina's counties in September, including all five of our counties, according to the Employment Security Commission. Full story...
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'Iron Man 3' coming to Wilmington, expected to pump $80M into local economy

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video The rumors are true. Tony stark and the third installment of the "Iron Man" movie franchise will fly into Wilmington. The film is expected to bring hundreds of jobs and millions of dollars to the local economy. Full story...
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NC on the hook for $20M this year for hurricane

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State officials say North Carolina government should be on the hook for roughly $20 million this fiscal year for its share of costs to respond to Hurricane Irene. Full story...
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Students happy about plan to lower student loan payments

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video As the economy sags many college grads find themselves burdened by student loan debt while struggling to find a job. Today President Obama announced a plan that could provide some relief through lower student payments. Full story...
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