Category Archives: Business News
Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell
WASHINGTON (AP) - The Senate confirmed President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment ...
Associated Press 9h ago
The Closing Bell: Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
By STAN CHOE AP Business Writer NEW YORK (AP) - A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U.S. stocks fell following another discouraging update...
Associated Press 10h ago
Wedding photographer faces legal action over failures
RALEIGH, N.C. (NCN News) - A wedding photographer that left a trail of heartbreak is now facing ongoing legal action from the state. Attorney General Jeff Jackson met with reporters to outline actions...
Bruce Ferrell 11h ago
Caterpillar adding jobs in Sanford
SANFORD, N.C. (WPTF) - Heavy machinery maker Caterpillar says it plans to add about 600 jobs at its Sanford facility. The company is looking to fill production roles across assembly, logistics and fab...
Bruce Ferrell 12h ago
US grocery prices rose in April, but gas spikes weren't the only reason
By DEE-ANN DURBIN AP Business Writer Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at...
Associated Press 14h ago
Before the bell: Wall Street mixed early and oil prices steady as Trump arrives in China to meet with Xi
By YURI KAGEYAMA and MATT OTT AP Business Writers Wall Street was mixed in premarket trading Wednesday as oil prices steadied and the technology sector appeared ready to bounce back from widespread lo...
Associated Press 18h ago
Wall Street's record-setting run halts as AI stocks slump and oil prices rise
By STAN CHOE AP Business Writer A sudden halt for technology stocks put the brakes on Wall Street's record-setting run Tuesday. The S&P 500 fell 0.2% from its all-time high set the day before. The...
Associated Press May 12, 2026
Oil prices rise as the Iran war drags on, but US stocks inch to more records
By STAN CHOE AP Business Writer NEW YORK (AP) - Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records. The price for a barrel of Brent crude oi...
Associated Press May 11, 2026
NC breakfast staple missing: what we know about the Neeses' situation
GREENSBORO, N.C. (NCN News) - It has been a familiar fixture on North Carolina tables for generations. Now it has disappeared and there are lots of unanswered questions. Retailers have told multiple m...
Bruce Ferrell May 09, 2026
US stocks rise to records after a solid jobs report overshadows higher oil prices
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market rose to records Friday following the latest sign that the nation's job market is doing better than economists expected. The S&...
Associated Press May 08, 2026