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ECONOMY
Growing EV industry could boost opportunities in rural NC
| April 5, 2024
North Carolina has become a leader in the electric vehicle industry. With billions of dollars in investments from companies like Toyota and VinFast, the state is poised to see thousands of jobs created. In 2018, Governor Roy Cooper signed an executive order that set a goal for North Carolina to have 80,000 registered electric […]
Higher insurance rates could crush NC homeowners
| March 22, 2024
North Carolina homeowners and renters could be hit with higher insurance rates later this year, and in the state’s coastal counties like Cartaret, New Hanover, and Brunswick, those rates could be astronomically higher. In January, the North Carolina Rate Bureau (NCRB) proposed an average insurance rate increase of 42.2% statewide, which was rejected by Commissioner […]
VIDEO: What Was the Most Important Part of the 2021 Child Tax Credit?
| March 22, 2024
WATCH: Charlotte’s Stacy Staggs says the government should work for its people! 💪🏻 We talked to Staggs about a new push to restore the pandemic-era child tax credit payments. The temporary reform proposed by President Biden cut childhood poverty in half during the COVID-19 pandemic. Federal lawmakers did not extend the tax credit, but there’s […]
VIDEO: Biden Administration Helps NC Entrepreneurs Get $92 Million To Grow Their Businessses
| March 16, 2024
The Biden administration has announced tens of millions of dollars in new funding to help women-and minority owned small-businesses in North Carolina get started and grow. The money, from the American Rescue Plan, will go to 10 venture capital funds in Durham focused on helping historically underserved entrepreneurs. Michael McElroy, Cardinal and Pine’s political correspondent, […]
VIDEO: President Biden Proposes a 25% Tax on Billionaires to Help Fund Programs for All Americans
| March 13, 2024
What do YOU think about Biden’s plan to tax billionaires to fund affordable childcare, paid family leave, and better home care and elder care programs? View this post on Instagram A post shared by Cardinal & Pine (@cardinalandpine)