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Editorial: Middle class shrinking as wealth increases
2+ mon, 3+ week ago (336+ words) We're pleased to report the American middle class is indeed "hollowing out" " because ever more Americans are earning their way into higher income brackets. That runs counter to today's populist gloom on the left and right, so thanks to economists…...
John Hood: NC's manufacturing base evolving, not shrinking
3+ day, 11+ hour ago (348+ words) Who is to blame for North Carolina losing its industrial base over the past two decades? Misguided federal lawmakers who passed free-trade agreements? Foolish state policymakers who refused to invest in new infrastructure? Overzealous local regulators? I've heard each of…...
Cities with the fastest-growing home prices in North Carolina
2+ week, 1+ hour ago (882+ words) Stacker compiled a list of cities with the fastest-growing home prices in North Carolina using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending February 2026. The…...
US stocks drop in another shaky day as oil prices keep climbing
2+ week, 1+ day ago (828+ words) Dealers work near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A dealer walks near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange…...
John Hood: Economic progress not confined to NC cities
2+ week, 3+ day ago (521+ words) The regions around Charlotte, left, and Raleigh are among the fastest growing in the United States. The Triangle and Charlotte regions are among the fastest-growing urban areas in the United States. But they are hardly the only North Carolina communities…...
John Hood: State can continue to improve business climate
1+ mon, 11+ hour ago (360+ words) Over the most recent 12-month period, North Carolina's economy expanded by an inflation-adjusted 3%. Among the 50 states, only South Carolina (3. 5%) posted a significantly faster growth rate. North Carolina also continues to top CNBC's ranking of the best states for business. Wonderful…...
Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market
1+ mon, 1+ week ago (831+ words) Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U. S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana…...
Stocks fall as oil prices climb more
1+ mon, 1+ week ago (919+ words) Financial information is displayed on the floor at the New York Stock Exchange in New York, Wednesday, March 4, 2026. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate…...
US stocks wobble after feeling both the upside and downside of a strong jobs report
2+ mon, 3+ day ago (925+ words) NYSE President Lynn Martin wears a "DOW 50, 000" cap to watch closing bell ceremonies as the Dow Jones industrial average closed above the 50, 000 level for the first time, Friday, Feb. 6, 2026. A screen above a trading post on the floor of the…...
World shares are mixed ahead of an update on US employment
2+ mon, 3+ day ago (793+ words) NYSE President Lynn Martin wears a "DOW 50, 000" cap to watch closing bell ceremonies as the Dow Jones industrial average closed above the 50, 000 level for the first time, Friday, Feb. 6, 2026. A screen above a trading post on the floor of the…...
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