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Economy

City of Wilmington taking measures to lower fuel costs

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The cost of filling up is draining wallets and it is not just having an impact on consumers. The city of Wilmington is also getting hit hard. Full story...
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Unemployment numbers are up

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videoThe latest state unemployment numbers are in, and they're up. Right now, North Carolina has a 5.4 percent unemployment rate, and while that's not terribly high, people in our area say it is becoming increasingly difficult to find work. Full story...
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New retail complex being planned

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Big plans are in the works for the intersection of Gordon Road and North College. Plans call for a 250,000 square foot shopping center. Full story...
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Cost of summer RVing

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videoRVing is a great way to see the country, but soaring fuel prices may put the brakes on one of the summer's popular vacation activities. Some motor homes have a 55 gallon fuel tank and it costs around $200 to fill. That's up almost $50 from last year. Full story...
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Biodiesel facility to be built in Wilmington

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A new biodiesel facility has just been approved to be built in Wilmington. The new production plant will be built at the Wilmington state port. Construction is expected to start in about six months. Full story...
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Several retail stores closing

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Several major retail chains are closing their doors. The Sharper Image at Mayfaire is one of 96 company locations closing its doors. Full story...
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Economic stimulus checks are on the way

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The $600 economic stimulus checks are hot off the printers and will soon be on their way to your home. Now the big question: How to spend it? Some people said they will pay bills or pay off student loans. Others said they plan to spend the money on regular expenses, like food and gas. Full story...
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Tax rebates should start showing up in bank accounts today

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Those long-promised tax rebates are now on their way to U.S. taxpayers. Full story...
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Two wholesale clubs rationing rice

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You can add rice to the list of worldwide shortage concerns. Two major US wholesale clubs are now rationing rice. Full story...
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College grads struggle to find work

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Earlier this week we reported how the struggling economy means fewer summer jobs for college students. Full story...
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Americans worried about finances, not cutting back on gas

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As gas prices and food prices soar and housing prices plummet average Americans are increasingly worried about their finances. Full story...
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Magazine lists PPD as safe investment

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In these rocky economic times many people are looking for a good place to invest their money. Full story...
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Charter fishing on decline in face of fuel costs

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videoGrab your fishing rod, bait and tackle -- fishing season is upon us. But recent weather, and more importantly, fuel prices, have some charter fishermen concerned for the coming months. Full story...
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Wilmington home sales down 41 percent

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videoNew numbers underscore a continuing slowdown in the local real estate market. We talk a lot about how tough it is for homeowners to sell their homes. But that means it's also tough on real estate agents. Full story...
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Brunswick County school nutrition program facing deficit

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With food costs up and fewer students buying lunches than in years past Brunswick County schools are feeling the affects. Full story...
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