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Economy

Washington nears completion of economic stimulus package

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Lawmakers in Washington said today that an economic stimulus package could soon be signed, sealed, and delivered. For most taxpayers, the plan means cash in their pockets. Full story...
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Brunswick County home prices drop 29 percent

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If you're looking for a deal on home you might consider Brunswick County. Full story...
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Bush calls for economic package worth about $145 billion

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President Bush is calling for about $145 billion worth of tax relief and other incentives to stimulate a sluggish economy. President Bush says if Congress passes an economic stimulus package, the country will be "just fine." Full story...
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NC unemployment rate jumps to 5 percent, following national trend

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North Carolina's unemployment rate jumped to 5 percent in December, following a nationwide trend. Full story...
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Tax rebates could spark economy

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Both President Bush and Federal Reserve Chairman Ben Bernanke are supporting calls for an economic stimulus package to avert recession. Bernanke says a plan should be aimed at quickly getting cash into the hands of people. Full story...
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New home construction falls 24.8 percent in 2007

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Construction of new homes fell in 2007 by the largest amount in 27 years. Full story...
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Romney promises to save southern economy

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Republican presidential candidate Mitt Romney has exchanged his talk about laid off auto workers in Michigan for laid off textile workers in South Carolina. Full story...
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Economic news hints at recession

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The latest economic news may bring the "R" word to mind. While few say we are in a recession now, everyone agrees we ought to try heading one off. Full story...
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More recession fears after retail sales report

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Fresh signs are emerging that the U.S. economic slowdown may be intensifying. Retail sales fell in December for their worst showing in six months. Full story...
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Goldman Sachs predicts recession

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Economists have been flirting with dire predictions for weeks. Today the world's most profitable securities firm, Goldman Sachs, predicted a recession. Full story...
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Housing market could pick up in 2008

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Locally, 2008 could be the year the housing market picks up. Everybody has been talking about the housing market. Economists think it will bottom out later in the year and then pick up. Full story...
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Bush considers economic stimulus

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President Bush huddled with his top economic advisors today as new figures suggested a slowing US economy. Mr. Bush says he hopes to work with congress on a stimulus plan. Full story...
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NC unemployment rate drops to 4.7 percent

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North Carolina's unemployment rate dropped for the second consecutive month to 4.7 percent in November. Full story...
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More in NC moving to non-profit sector

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videoIn this changing and challenging economy, a new report says more North Carolinians are going to work in the non-profit sector. Full story...
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Fed aims to protect Americans from shady loan practices

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videoRecent lending practices, particularly for some mortgages, have been called everything from dishonest to outright dangerous. Full story...
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