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February 18, 2019

Business

Business

Fed Chair says Central bank could shift future plans to raise rates

January 4, 2019 The Associated Press

WASHINGTON. D.C. — Federal Reserve Chairman Jerome Powell said Friday that he is prepared to be patient in deciding when to raise interest rates again.”There is no pre-set path for policy,” Powell said during an […]

Business

US economy added 312,000 jobs as wages also rose in December

January 4, 2019 Josh Boak | The Associated Press

WASHINGTON, D.C. — U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of international trade skirmishes and a partial shutdown […]

Business

Mississippi bank accused in lawsuit of unfair overdraft fees

December 15, 2018 The Associated Press

JACKSON, Miss. — Two women say in a lawsuit that a Mississippi-based bank is unfairly charging overdraft fees. The Clarion Ledger reports Cryesha McDonald of Waynesboro and Chantal Lewis of Jackson sued Trustmark National Bank […]

Business

Fed raises rates for 3rd time this year with 1 more expected

September 26, 2018 Martin Crutsinger | The Associated Press

WASHINGTON, D.C. — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year’s end and predicting […]

Business

SiriusXM presses play on deal with Pandora

September 26, 2018 The Associated Press

NEW YORK — Subscription radio company SiriusXM says it’s buying music streaming service Pandora in a deal valued at about $3.5 billion that will allow it to expand its service beyond cars and into mobile […]

Business

Lenoir-Rhyne University offers tuition reduction to college-bound Catawba residents

September 12, 2018 admin

HICKORY — Lenoir-Rhyne University has announced an innovative, new program to provide a minimum of 50 percent off tuition for any first-year undergraduate student with a 3.5 or higher high school GPA who is a […]

Business

Winston-Salem insurance firm expanding home base

September 12, 2018 Emily Roberson

RALEIGH – National General Insurance, a property and casualty insurance company, plans to expand its operations in Winston-Salem to create 626 jobs over five years, Governor Roy Cooper announced last week. The company, and a […]

Business

U.S. job growth underscores economy’s strength

July 6, 2018 Lucia Mutikani | Reuters

WASHINGTON, D.C. — The U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate […]

LARRY DOWNING—Reuters
Business

Millennial buyers face tough housing market

June 29, 2018 Tim Henderson

Yvonne Jimenez Smith and her husband, Brandon Smith, spoke in whispers recently as they visited a white stucco house they planned to buy on a leafy street in San Jose, California. Following six months of […]

Business

Apple focuses on speed, parental controls in software upgrades

June 7, 2018 Stephen Nellis | Reuters

SAN JOSE — Apple on Monday unveiled software upgrades that would let older iPhones run faster, help parents limit their children’s screen time and make its Siri voice assistant work more like a rival feature […]

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