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Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
 
Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector.
Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector.
 
North Carolinians may have noticed that it has cost a little more to fill their gas tanks since Jan. 1. Some areas of the Tar Heel State have seen prices jump 20 cents a gallon compared to last month when prices were below $2.99 in most areas.
North Carolinians may have noticed that it has cost a little more to fill their gas tanks since Jan. 1. Some areas of the Tar Heel State have seen prices jump 20 cents a gallon compared to last month when prices were below $2.99 in most areas.
 
The Consumer Price Index decreased 0.1% in December 2022, marking the largest inflationary decline in nearly three years, according to a report from the Bureau of Labor Statistics.
The Consumer Price Index decreased 0.1% in December 2022, marking the largest inflationary decline in nearly three years, according to a report from the Bureau of Labor Statistics.
 
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
 
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
 
Was it just me or did Christmas come too early? Yes, it's always December 25th, but it seemed like we were still eating Halloween candy when Christmas neighbor goodies started showing up on our doorstep.
Was it just me or did Christmas come too early? Yes, it's always December 25th, but it seemed like we were still eating Halloween candy when Christmas neighbor goodies started showing up on our doorstep.
 
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
 
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
 
In a midterm expected to produce big gains for the GOP nationally, Republicans down ballot in Charlotte mostly came up short on election night Nov. 8.
In a midterm expected to produce big gains for the GOP nationally, Republicans down ballot in Charlotte mostly came up short on election night Nov. 8.
 
The city of Richmond, Virginia, has dug up the remains of Confederate General A.P. Hill as it continues to purge Confederate symbols and monuments from public spaces.
The city of Richmond, Virginia, has dug up the remains of Confederate General A.P. Hill as it continues to purge Confederate symbols and monuments from public spaces.
 
"woke" desecration of grave of General Hill and his wife is inexcusable
"woke" desecration of grave of General Hill and his wife is inexcusable
 
The Inner Banks STEM Center, Beaufort County Schools, and Beaufort County Schools partnered to bring over 200 seventh graders from Beaufort County onto the campus of BCCC to learn first-hand about the science, technology, engineering, and mathematics career options
The Inner Banks STEM Center, Beaufort County Schools, and Beaufort County Schools partnered to bring over 200 seventh graders from Beaufort County onto the campus of BCCC to learn first-hand about the science, technology, engineering, and mathematics career options
 
Two of the major players in the financial industry warned that the U.S. is on the verge of a recession and that the Federal Reserve might well raise the interest rate from its current 3-3.25% all the way to 4.5-4.75%.
Two of the major players in the financial industry warned that the U.S. is on the verge of a recession and that the Federal Reserve might well raise the interest rate from its current 3-3.25% all the way to 4.5-4.75%.
 
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
 
Speaking at the 59th Annual Economic Forecast Luncheon in Phoenix, Arizona, Federal Reserve Governor Christopher Waller implied that employers should slow down any wage increases they hand out so that the American economy can temper inflation.
Speaking at the 59th Annual Economic Forecast Luncheon in Phoenix, Arizona, Federal Reserve Governor Christopher Waller implied that employers should slow down any wage increases they hand out so that the American economy can temper inflation.
 
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
 
The Bureau of Labor Statistics is expected to release Consumer Price Index data Thursday morning that will indicate whether rate hikes from the Federal Reserve have had a meaningful impact on inflation.
The Bureau of Labor Statistics is expected to release Consumer Price Index data Thursday morning that will indicate whether rate hikes from the Federal Reserve have had a meaningful impact on inflation.
 
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
 
Stephan Cannon, 26, was sentenced on Wednesday to life in prison for the murder of retired St. Louis police captain David Dorn — and an additional 30 years for other crimes.
Stephan Cannon, 26, was sentenced on Wednesday to life in prison for the murder of retired St. Louis police captain David Dorn — and an additional 30 years for other crimes.
 
In DC last weekend, we rode the Hop-on Hop-off bus. We love Hop-on bus tours and have done them in every major city we have visited
In DC last weekend, we rode the Hop-on Hop-off bus. We love Hop-on bus tours and have done them in every major city we have visited
 
Markets are worried that Swiss investment bank Credit Suisse is poised for bankruptcy.
 
The U.S. House committee investigating the January 6, 2021, riot at the U.S. Capitol formally issued a subpoena to former President Donald Trump on Friday.
The U.S. House committee investigating the January 6, 2021, riot at the U.S. Capitol formally issued a subpoena to former President Donald Trump on Friday.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
 
The Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022, according to a Thursday report from the Bureau of Labor Statistics, surpassing expectations despite harsh contractionary policy from the Federal Reserve and boding poorly for Democratic prospects
The Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022, according to a Thursday report from the Bureau of Labor Statistics, surpassing expectations despite harsh contractionary policy from the Federal Reserve and boding poorly for Democratic prospects
 
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
 
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
 
Have you ever seen former New England Patriots star Julian Edelman’s unbelievable catch as part of the team’s 25-point comeback in Super Bowl 51? It undoubtedly took “great skill” and “good luck” — thanks, in large part, to his years of practice and determination.
Have you ever seen former New England Patriots star Julian Edelman’s unbelievable catch as part of the team’s 25-point comeback in Super Bowl 51? It undoubtedly took “great skill” and “good luck” — thanks, in large part, to his years of practice and determination.
 
Entrepreneur Elon Musk suggested this week that he was potentially interested in working with an alternative platform to YouTube after the left-wing tech company reportedly censored actor Russell Brand this week.
Entrepreneur Elon Musk suggested this week that he was potentially interested in working with an alternative platform to YouTube after the left-wing tech company reportedly censored actor Russell Brand this week.
 
Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
 
Former Trump White House lawyer Eric Herschmann reportedly warned former President Donald Trump late last year that he could face serious legal repercussions if he did not return the U.S. government records that he took with him after he left office.
Former Trump White House lawyer Eric Herschmann reportedly warned former President Donald Trump late last year that he could face serious legal repercussions if he did not return the U.S. government records that he took with him after he left office.
 
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