Your business and economy news from North Carolina

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Fed Shake-Up: The U.S. Senate confirmed Kevin Warsh as the next Federal Reserve chair in a tight 54-45 vote, a sign of how politically charged the central bank’s leadership transition has become as inflation pressures linger. NC Policy Push: North Carolina lawmakers are weighing changes to modernize the state’s 1937-era ABC liquor system, while also considering a bill to raise the tobacco and nicotine purchase age to 21 to curb youth vaping. Budget Math: Republicans are proposing to slow personal income tax cuts in the long-awaited budget deal, with the goal of finding money for teacher raises. Housing Finance: The NC House Finance Committee advanced a bill aimed at closing a property tax loophole tied to affordable housing partnerships, targeting tens of millions in lost local revenue. Local Life: Appalachian State celebrated a record 4,300+ graduates, and Cape Fear Valley updated hospital visitation rules to expand patient-centered support.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Plumbing business president charged in $1.2 million tax case

Plumbing business president charged in $1.2 million tax case

Cancer survivor launches shared business space company to connect to the Black community

Cancer survivor launches shared business space company to connect to the Black community

Sen. Moffitt files bill in North Carolina Senate to restrict Rocky Mount’s electric system revenue use

Sen. Moffitt files bill in North Carolina Senate to restrict Rocky Mount’s electric system revenue use

AP Business SummaryBrief at 10:32 p.m. EDT

AP Business SummaryBrief at 10:32 p.m. EDT


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North Carolina Department of Commerce

Governor Stein Highlights Grants to Strengthen Rural North Carolina in Edenton
16 hours ago

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North Carolina Department of Commerce

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