Author:Sarah Bernart

The Fed made the right call with rate hikes

When the Federal Reserve raised the federal-funds rate by a quarter of a percent, President Trump fumed and the S&P and Dow Jones plummeted. But the Fed made the right call. It alone has a responsibility to use rate hikes to ward off economic overheating...

Read More

Networking Luncheon Focused on State’s FDI Prospects

Over 100 NCEDA members and guests attended a December 6 Networking Luncheon addressing the current state of foreign direct investment (FDI) into North Carolina. “The trade conflict is definitely impacting FDI flows from China,” said Korey Howard, senior international business development manager at the Economic...

Read More

Small NC Cities Work to Fix Their Crumbling Sewer Systems

Municipalities across North Carolina have had an abundance of sewer overflows, caused in large part by aging wastewater systems that have gone unreplaced or unrepaired. Sewage and wastewater from overflows can contaminate streams, rivers, lakes, estuaries and beaches, causing water-quality problems and threatening drinking water...

Read More

The Significance Of Investing In Opportunity Zones

Last month, the IRS released a set of regulations on Opportunity Zones, shedding light on the program - such as what qualifies as an opportunity fund, and other previously ambiguous requirements. With tax incentives offered within the Opportunity Zones program, the nation should see more...

Read More

Even as the jobs market cools a bit, the outlook remains stellar

Last week’s release of November employment numbers showed disappointing numbers in the mining, private education, film and hospitality sectors. More encouraging were data highlighting significant growth in the nation’s labor force for a third straight month. Credit the increasingly aggressive efforts of employers to fill...

Read More

America’s Epidemic of Empty Churches

In an effort to address a declining congregation and rising costs, Asheville’s Bethesda United Methodist Church has created Haw Creek Commons, an innovative community center and business resource that includes co-working space, a textile and woodworking shop, conference rooms, overnight accommodations and a commercial kitchen...

Read More