Money & Jobs
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5 companies will bring 800+ jobs to small-town NC
Five companies have committed to creating over 800 manufacturing and technology jobs across rural North Carolina counties, investing more than $128 million in the process.
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Syntec expansion: 34 new jobs coming to Vance County
Syntec Precision Technology Corporation announced that its first North American facility will be in Henderson, bringing 34 new jobs to Vance County.
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Trump executive order halting offshore wind farms could hurt NC’s economy
On his first day in office, President Trump signed an executive order to halt further offshore wind projects and review existing ones in development. The move could have a huge impact on North Carolina, where wind energy has become a key part of the state’s energy plan.
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The 7 ‘durable skills’ you need to land a job in North Carolina
The NC Commerce and Education Departments recently released their findings on which “durable skills” are in highest demand.
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Biden makes 4 million more workers eligible for overtime pay
The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
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Biden administration bans noncompete clauses for workers
The new rule bans new noncompete agreements for the vast majority of American workers and requires employers to let current and past employees know they won’t enforce them going forward. Companies will also be required to throw out existing noncompete agreements.
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17 veteran-owned businesses to support in North Carolina
Show your support for our state’s veterans by becoming a patron of these businesses.
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We asked North Carolinians if child tax credit payments helped them. Here’s what they said.
Most of the North Carolinians we talked to said the Biden tax credit payments made a big difference at the end of each month. Right now, there’s a push in DC to restore them.
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Overdraft fees could drop to as low as $3 under new Biden proposal
The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday’s announcement. Exactly how much revenue depends on which version of the new regulation is adopted.
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A new child tax credit could pass this month. Here’s what it would do for low-income families.
During the pandemic, Democrats changed the child tax credit and cut childhood poverty in half. Now there’s new hope for making those changes permanent, but there are skeptics.
