Economy


A hemp farm in Asheville. North Carolina legalized industrial hemp for licensed growers in 2016, but a NC House candidate says the state could raise millions by revenue by legalizing production and consumption of all cannabis plants, including marijuana. (Image via Shutterstock)
Other States Raised Billions Legalizing Marijuana. House Candidate Asks: Why Not NC?

What NC, an agricultural powerhouse with major budget needs, stands to gain by legalizing marijuana, according to one state House candidate.

NC Senate leader Phil Berger in a 2016 file photo. (AP Photo/Gerry Broome)
NC Republicans Have Lost on Medicaid Expansion. They Just Don’t Know It Yet.

A decade after rejecting Medicaid expansion's in health care for low-income people, the GOP remains opposed, even if most in NC are not.

Image via Shutterstock
Americans Spent Less Money in August—a Worrying Sign for the Economy

Spending dropped after enhanced federal unemployment benefits expired, making it harder for people to pay for everyday items.

While the economic toll of 2020's wildfires is still not known, the US has experienced huge increases in billion-dollar weather disasters in the past four decades due to climate change (AP Photo/Noah Berger).
Billion-Dollar Disasters Are More Frequent Than Ever in the US—Wildfires Are Only Part of That Toll

Wildfires in the West will have an enormous financial toll, but they are part of a more worrying trend of huge financial losses tied to extreme weather events caused by climate change.

Democratic presidential candidate former Vice President Joe Biden and his running mate Sen. Kamala Harris, D-Calif., watch fireworks during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. (AP Photo/Andrew Harnik)
Biden Speaks with Rev. Barber: ‘Everyone’s Entitled to Be Treated with Dignity and Respect’

With Trump absent, Joe Biden tells the NC civil rights leader that he'll tackle the coronavirus, address economic and racial injustice.

President Donald Trump speaks at a rally at Xtreme Manufacturing, Sunday, Sept. 13, 2020, in Henderson, Nev. (AP Photo/Andrew Harnik)
Soldiers and Federal Workers Used as ‘Guinea Pig’ in Trump’s Payroll Tax Deferral

They can't opt out of the payroll tax deferral and will have to pay the money back in 2021.

Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event at the William "Hicks" Anderson Community Center in Wilmington, Del., Tuesday, July 28, 2020. (AP Photo/Andrew Harnik)
After Trump Hosts In-Person Rally in NC, Biden Says President Has No Plan To Slow Coronavirus

Biden and Trump are taking two vastly different approaches to campaigning in NC during the coronavirus pandemic.