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ECONOMY

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ECONOMY - Cardinal & Pine

Biden caps credit card late fees at $8

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More than 45 million Americans who are charged late fees on credit cards each year will save an average of $220 annually under the new rule.
ECONOMY - Cardinal & Pine

Some claim that NC’s first Buc-ee’s is being built on Indigenous land

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Buc-ee's, a popular chain of mega-sized convenience stores, is set to build its first location in Mebane, NC. But it's sparked a conversation about how NC protects, or doesn't protect, Indigenous lands.   
ECONOMY - Cardinal & Pine

Rural NC communities get grant funding to address healthcare, infrastructure issues

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The North Carolina Rural Infrastructure Authority (RIA) this month gave the greenlight to fund eight projects in communities across North Carolina, providing $1.5 million dollars to support a variety of projects and help create 270 jobs.  “These funds make strategic investments in our rural communities to help them seize opportunities to prosper,” Governor Roy Cooper […]
ECONOMY - Cardinal & Pine

Biden demands grocery stores and food brands end ‘price gouging’ and ‘shrinkflation’

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Grocery prices have risen by more than 20% since the beginning of the pandemic and in North Carolina, grocery prices rose 3.5% from Nov. 2022 to Nov. 2023. In response, President Biden is demanding grocery chains and food brands lower their prices and stop ripping families off.
The 5 NC billionaires who call Research Triangle Park home

The 5 NC billionaires who call Research Triangle Park home

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Five notable billionaires reside in NC's Research Triangle Park, an area that includes Chapel Hill, Durham, and Raleigh. Do you know them and what they do?