In the Time of Business | Eastern NC Now

News that involves the business of our lives, living within our collective economy.

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In the Time of Business  

News that involves the business of our lives, living within our collective economy.

A nation once dismissed as ungovernable is suddenly at the center of regional attention.
 
The US Bureau of Economic Analysis (BEA) recently released third-quarter numbers for 2025, showing a gross domestic product (GDP) increase of 5.6% for North Carolina.
The US Bureau of Economic Analysis (BEA) recently released third-quarter numbers for 2025, showing a gross domestic product (GDP) increase of 5.6% for North Carolina.
 
"This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable."
"This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable."
 
Lawmakers and experts call for an assertive new doctrine that imposes asymmetric costs on China, Russia, and Iran before they reach U.S.
Lawmakers and experts call for an assertive new doctrine that imposes asymmetric costs on China, Russia, and Iran before they reach U.S.
 
If America intends to lead in AI, we must prioritize natural gas.
 
The labor market lost considerable momentum last year, with only 584,000 jobs added, averaging 49,000 positions per month.
The labor market lost considerable momentum last year, with only 584,000 jobs added, averaging 49,000 positions per month.
 
The company's mortgages cost $4,600 more than competitors' on average.
The company's mortgages cost $4,600 more than competitors' on average.
 
Officials with the Governor’s Recovery Office for Western North Carolina (GROWNC) provided an update on Dec. 15 on ongoing recovery efforts, reporting on housing programs, hazard mitigation, and state road conditions more than a year after Hurricane Helene swept through western North Carolina.
Officials with the Governor’s Recovery Office for Western North Carolina (GROWNC) provided an update on Dec. 15 on ongoing recovery efforts, reporting on housing programs, hazard mitigation, and state road conditions more than a year after Hurricane Helene swept through western North Carolina.
 
The $78.7 billion in damage that Hurricane Helene inflicted on western North Carolina in September 2024 made it the fifth costliest Atlantic hurricane on record when adjusted for inflation.
The $78.7 billion in damage that Hurricane Helene inflicted on western North Carolina in September 2024 made it the fifth costliest Atlantic hurricane on record when adjusted for inflation.
 
Is it a helpful study tool or a civilizational threat? It’s complicated.
 
Vice President JD Vance ripped the European Union for planning to impose the penalties against the social media platform.
Vice President JD Vance ripped the European Union for planning to impose the penalties against the social media platform.
 
On Thanksgiving tables across the country the real stars may be homegrown. Whether it’s turkey or ham at the center, or sweet potatoes in every imaginable form, some of the state’s biggest agricultural exports are also the most beloved holiday staples.
On Thanksgiving tables across the country the real stars may be homegrown. Whether it’s turkey or ham at the center, or sweet potatoes in every imaginable form, some of the state’s biggest agricultural exports are also the most beloved holiday staples.
 
Beef prices have set records due to low supplies and strong demand, raising costs for consumers.
Beef prices have set records due to low supplies and strong demand, raising costs for consumers.
 
Despite a recent trade deal reached between President Donald Trump and President Xi Jinping, China has increased imports of Brazilian soybeans, a major North Carolina cash crop, causing experts to express concerns about the stability of the trade deal.
Despite a recent trade deal reached between President Donald Trump and President Xi Jinping, China has increased imports of Brazilian soybeans, a major North Carolina cash crop, causing experts to express concerns about the stability of the trade deal.
 
"In other words, take from the BIG, BAD Insurance Companies, give it to the people..."
 
Tucked away in Roper, North Carolina, is Mackey’s Ferry Sawmill, the largest private employer in Washington County, until recently.
Tucked away in Roper, North Carolina, is Mackey’s Ferry Sawmill, the largest private employer in Washington County, until recently.
 
The owner of a former Charlotte tire factory is asking the North Carolina Supreme Court to consider a dozen lawsuits related to alleged asbestos exposure.
The owner of a former Charlotte tire factory is asking the North Carolina Supreme Court to consider a dozen lawsuits related to alleged asbestos exposure.
 
As tariffs settle in, John Deere, one of the nation’s largest manufacturers of heavy farm equipment, continues to suffer financial losses due to tariff costs.
As tariffs settle in, John Deere, one of the nation’s largest manufacturers of heavy farm equipment, continues to suffer financial losses due to tariff costs.
 
The United States imported about $25.5 billion in furniture in 2024, up 7% over 2023.
 
In 2024, growth in 71 of North Carolina’s 100 counties contributed to a total of $36.7 billion in visitor spending statewide, up from the 2023 record of $35.6 billion.
In 2024, growth in 71 of North Carolina’s 100 counties contributed to a total of $36.7 billion in visitor spending statewide, up from the 2023 record of $35.6 billion.
 
A new study shows that out of 10 cities that are potential contenders to be the home of a Major League Baseball (MLB) team, Raleigh and Charlotte are strong contenders.
A new study shows that out of 10 cities that are potential contenders to be the home of a Major League Baseball (MLB) team, Raleigh and Charlotte are strong contenders.
 
The decision has been praised by pro-lifers as a "huge win."
 
Some Republicans see a path to electoral victory in courting organized labor. Others see a fool’s errand.
Some Republicans see a path to electoral victory in courting organized labor. Others see a fool’s errand.
 
Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.
Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.
 
Raleigh has emerged as a national leader in promoting a balanced lifestyle, recently ranking No. 4 in Coworking Cafe’s report on the Best US Cities for Work-Life Balance and Mental Health.
Raleigh has emerged as a national leader in promoting a balanced lifestyle, recently ranking No. 4 in Coworking Cafe’s report on the Best US Cities for Work-Life Balance and Mental Health.
 
North Carolina lawmakers have approved another substantial round of aid for western North Carolina communities still grappling with the aftermath of Hurricane Helene, pushing total disaster relief funding above $2 billion.
North Carolina lawmakers have approved another substantial round of aid for western North Carolina communities still grappling with the aftermath of Hurricane Helene, pushing total disaster relief funding above $2 billion.
 
USAID, foreign aid, and NPR are in the crosshairs.
 
'If the money is not flowing...there's less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.'
'If the money is not flowing...there's less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.'
 
"We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal."
"We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal."
 
Trump will likely speak to Chinese President Xi Jinping later on Tuesday.
 
President Trump order aims to unwind last-minute union agreements signed by Biden
 
One journalist reacted by saying, "This is clever marketing."
 
“TikTok has immense potential, not just as a tool for creators but as a driver of meaningful economic and social impact."
“TikTok has immense potential, not just as a tool for creators but as a driver of meaningful economic and social impact."
 
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.
Former President Donald Trump is considering having Tesla CEO Elon Musk serve in an advisory role if Trump reclaims the White House, according to a new report.
 
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