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Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
 
Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
 
Get ready to see higher electricity bills if the North Carolina Utilities Commission approves a requested price hike by Duke Energy Progress.
Get ready to see higher electricity bills if the North Carolina Utilities Commission approves a requested price hike by Duke Energy Progress.
 
Duke Energy Carolinas wants to increase residential rates for its customers between 16.2 and 16.6% by Sept. 1 and an additional 0.4% by Jan. 1. The utility is also seeking a rate hike for commercial and industrial customers. Rates would increase by 12.1% and 15.2%.
Duke Energy Carolinas wants to increase residential rates for its customers between 16.2 and 16.6% by Sept. 1 and an additional 0.4% by Jan. 1. The utility is also seeking a rate hike for commercial and industrial customers. Rates would increase by 12.1% and 15.2%.
 
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
 
A new report undermines the Biden administration’s claims that nobody could have prepared for the so-called “Putin Price Hike” and resulting supply chain issues caused by Russian President Vladimir Putin’s invasion of Ukraine.
A new report undermines the Biden administration’s claims that nobody could have prepared for the so-called “Putin Price Hike” and resulting supply chain issues caused by Russian President Vladimir Putin’s invasion of Ukraine.
 
Thom Tillis and Mitch McConnell voted for it in fake ''infrastructure'' bill
Thom Tillis and Mitch McConnell voted for it in fake ''infrastructure'' bill
 
Another promise broken, more destructing coming
Another promise broken, more destructing coming
 
The N.C. Utilities Commission on Friday, April 16, issued an order approving a partial rate increase for Duke Energy Progress and a settlement addressing coal ash cleanup costs.
The N.C. Utilities Commission on Friday, April 16, issued an order approving a partial rate increase for Duke Energy Progress and a settlement addressing coal ash cleanup costs.
 
President Joe Biden is expected to announce a massive spending bill later this week
 
Patrick Gleason of Americans for Tax Reform offers Forbes readers a warning about one potential impact of the fall election: tax hikes in 2021.
Patrick Gleason of Americans for Tax Reform offers Forbes readers a warning about one potential impact of the fall election: tax hikes in 2021.
 
North Carolina progressive liberal groups and politicians have for years criticized the past decade of conservative tax cuts as being only “for big corporations and the rich.”
North Carolina progressive liberal groups and politicians have for years criticized the past decade of conservative tax cuts as being only “for big corporations and the rich.”
 
The proposed $1.6 billion Guilford County Schools bond–and the proposed sales tax hike referendum to pay for it—were on thin ice anyway in the wake of the coronavirus.
The proposed $1.6 billion Guilford County Schools bond–and the proposed sales tax hike referendum to pay for it—were on thin ice anyway in the wake of the coronavirus.
 
Editors at the Washington Examiner highlight the potential impact for the middle class of proposals progressives are touting on the campaign trail.
Editors at the Washington Examiner highlight the potential impact for the middle class of proposals progressives are touting on the campaign trail.
 
As many predicted, the California-based consulting firm WestEd is recommending North Carolina spend billions of taxpayer dollars on pre-schools and district schools to meet the requirements of the Leandro case.
As many predicted, the California-based consulting firm WestEd is recommending North Carolina spend billions of taxpayer dollars on pre-schools and district schools to meet the requirements of the Leandro case.
 
A lot of attention in the aftermath of elections on November 5 focused on nationalizing voting trends in Virginia and Kentucky.
A lot of attention in the aftermath of elections on November 5 focused on nationalizing voting trends in Virginia and Kentucky.
 
Twelve years ago, the General Assembly gave counties the option to ask residents if they wanted more government spending. The county commissioners’ response this year in Mecklenburg? Spend an extra $50 million on the arts and parks.
Twelve years ago, the General Assembly gave counties the option to ask residents if they wanted more government spending. The county commissioners’ response this year in Mecklenburg? Spend an extra $50 million on the arts and parks.
 
Gov. Roy Cooper vetoed the 36th bill of his administration Friday, Aug. 30, rejecting legislation funding the transformation of Medicaid to a managed-care model.
Gov. Roy Cooper vetoed the 36th bill of his administration Friday, Aug. 30, rejecting legislation funding the transformation of Medicaid to a managed-care model.
 
As the Obamacare individual marketplace bleeds unsubsidized enrollees, Blue Cross N.C. is looking to reverse a surge of earlier premium increases.
As the Obamacare individual marketplace bleeds unsubsidized enrollees, Blue Cross N.C. is looking to reverse a surge of earlier premium increases.
 
Residents of Roanoke Rapids could vote soon to raise their local sales tax by a full percentage point. Money raised from the 1-cent tax increase would help pay off debt linked to the infamous Randy Parton Theatre.
Residents of Roanoke Rapids could vote soon to raise their local sales tax by a full percentage point. Money raised from the 1-cent tax increase would help pay off debt linked to the infamous Randy Parton Theatre.
 
The John Locke Foundation’s policy position on the minimum wage concludes with this recommendation
The John Locke Foundation’s policy position on the minimum wage concludes with this recommendation
 
It's doubtful that many of you readers would recommend raising income tax rates by 90 percent to help communities coping with the impact of Hurricane Florence
It's doubtful that many of you readers would recommend raising income tax rates by 90 percent to help communities coping with the impact of Hurricane Florence
 
If there's a universe in which lowering the cap on North Carolina's income tax rate amounts to a "tax cut only for the wealthy," our universe's rules of mathematics - and language - must not apply
If there's a universe in which lowering the cap on North Carolina's income tax rate amounts to a "tax cut only for the wealthy," our universe's rules of mathematics - and language - must not apply
 
Does Gov. Roy Cooper believe that North Carolina's tax burden should be $3 billion higher?
Does Gov. Roy Cooper believe that North Carolina's tax burden should be $3 billion higher?
 
When North Carolina voters in 17 counties cast their ballots this year, they had the option of voting "yes" or "no" for proposed increases in local sales or property taxes
When North Carolina voters in 17 counties cast their ballots this year, they had the option of voting "yes" or "no" for proposed increases in local sales or property taxes
 
Democrat candidate for North Carolina's 13th Congressional district, Bruce Davis, continues to praise Obamacare and bolster his support while premiums more than double and hundreds of thousands of North Carolinians are now without care
Democrat candidate for North Carolina's 13th Congressional district, Bruce Davis, continues to praise Obamacare and bolster his support while premiums more than double and hundreds of thousands of North Carolinians are now without care
 
Politicians around the nation like to say that they have held down tuition at their state universities. Michigan's are no different, and to validate their claim, in 2011 they added incentive-based funding to university appropriations.
Politicians around the nation like to say that they have held down tuition at their state universities. Michigan's are no different, and to validate their claim, in 2011 they added incentive-based funding to university appropriations.
 
Today, Senator Thom Tillis (R-NC) issued the following statement after Blue Cross and Blue Shield of North Carolina (BCBSNC) announced that its customers covered under the President’s Affordable Care Act will face an average 25.7 percent premium rate increase next year.
Today, Senator Thom Tillis (R-NC) issued the following statement after Blue Cross and Blue Shield of North Carolina (BCBSNC) announced that its customers covered under the President’s Affordable Care Act will face an average 25.7 percent premium rate increase next year.
 
A group of Democrat senators has introduced a bill calling for JUST that.
 
The plight of the low-wage fast-food worker has been a focus of some political activism lately. The ostensible goal is drumming up support for significantly raising the minimum wage. Sympathy for workers should not, however, lead one into supporting causes that merely seem to address the problem whi
The plight of the low-wage fast-food worker has been a focus of some political activism lately. The ostensible goal is drumming up support for significantly raising the minimum wage. Sympathy for workers should not, however, lead one into supporting causes that merely seem to address the problem whi
 
When Harry Price, co-owner of the BesTreads tire retreading business in Davie County, picked up some tires for retreading under contract from the state Department of Transportation, he noticed that the treading on the used tires wasn't up to standard.
When Harry Price, co-owner of the BesTreads tire retreading business in Davie County, picked up some tires for retreading under contract from the state Department of Transportation, he noticed that the treading on the used tires wasn't up to standard.
 
It's an election year and counties once again can't resist the urge to put a quarter-cent sales tax hike on the November ballot, hoping to reap the rewards of millions in extra revenue, all with the consent of taxpayers.
It's an election year and counties once again can't resist the urge to put a quarter-cent sales tax hike on the November ballot, hoping to reap the rewards of millions in extra revenue, all with the consent of taxpayers.
 
Although hostilities have been underway for some time, I hereby issue a formal Declaration of War against silly, uninformed talking points repeated endlessly in North Carolina politics.
Although hostilities have been underway for some time, I hereby issue a formal Declaration of War against silly, uninformed talking points repeated endlessly in North Carolina politics.
 
Nor can the fault be laid solely at the feet of George W. Bush, or North Carolina Gov. Pat McCrory, or former governors Bev Perdue and Mike Easley.
Nor can the fault be laid solely at the feet of George W. Bush, or North Carolina Gov. Pat McCrory, or former governors Bev Perdue and Mike Easley.
 
President Barack Obama's 2013-14 budget plan may be dead on arrival in Congress. Given its unwise tax hikes and unsustainable spending levels, I won't...
President Barack Obama's 2013-14 budget plan may be dead on arrival in Congress. Given its unwise tax hikes and unsustainable spending levels, I won't...
 
The groping and sexual aggression of Ted Kennedy and Chris Dodd -- or the Oval Office intern molestations perpetrated by Bill Clinton -- didn't do anything to paint the Democrat Party as "anti-woman."
The groping and sexual aggression of Ted Kennedy and Chris Dodd -- or the Oval Office intern molestations perpetrated by Bill Clinton -- didn't do anything to paint the Democrat Party as "anti-woman."
 
The big debate about whether Obamacare imposes a "penalty" or a "tax" for not buying health insurance shouldn't blind us to a much more expensive problem: the half-a-trillion dollars Americans will be paying with 19 new or higher taxes in the health care takeover.
The big debate about whether Obamacare imposes a "penalty" or a "tax" for not buying health insurance shouldn't blind us to a much more expensive problem: the half-a-trillion dollars Americans will be paying with 19 new or higher taxes in the health care takeover.
 
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