Economy /tags/economy Economy en-US Copyright Fri, 04 Apr 2025 12:55:00 GMT How the growth of Asian grocery stores helps diaspora communities find belonging in the Triangle /race-class-communities/2025-04-04/asian-grocery-stores The number of Asian grocery stores and supermarkets in the NC Triangle have grown significantly since the 1990s, reflecting the rapid growth of the Asian population in the area. The stores have also become gathering spaces for folks across the diaspora, looking for flavors that remind them of home. Fri, 04 Apr 2025 12:55:00 GMT /race-class-communities/2025-04-04/asian-grocery-stores Eli Chen How N.C.-grown wheat fuels America's appetite for Cheez-Its /term/news/2025-04-02/north-carolina-wheat-cheez-its Kellanova produces 8,000 pounds of Cheez-Its an hour at its Cary bakery. Wed, 02 Apr 2025 12:55:00 GMT /term/news/2025-04-02/north-carolina-wheat-cheez-its Bradley George Dollar Tree sells NC-born Family Dollar to private equity firms /term/news/2025-03-26/dollar-tree-sells-family-dollar Dollar Tree is selling Family Dollar for $1 billion a decade after it bought the North Carolina company for $8 billion. Wed, 26 Mar 2025 17:13:05 GMT /term/news/2025-03-26/dollar-tree-sells-family-dollar Will Michaels RTI International to temporarily lay off staff due to US foreign aid freeze /news/2025-02-13/rti-international-layoffs-foreign-aid-freeze RTI International at Research Triangle Park announced that it will temporarily lay off 61 employees in North Carolina as a result of the pause in U.S. foreign assistance. Thu, 13 Feb 2025 19:40:16 GMT /news/2025-02-13/rti-international-layoffs-foreign-aid-freeze Eli Chen Duke CFO Survey shows companies want tax cuts and less regulation from Trump /news/2024-12-04/duke-cfo-survey-companies-tax-cuts-trump Using a 0-100 scale, the quarterly survey measures “CFO optimism” about the economy. That number jumped from 62.8 before the election to 68.8 following the November vote. Construction companies and manufacturers reported the largest increase. Wed, 04 Dec 2024 20:20:36 GMT /news/2024-12-04/duke-cfo-survey-companies-tax-cuts-trump Bradley George NC-based Wolfspeed puts plans for German semiconductor plant on hold /news/2024-10-23/wolfspeed-germany-semiconductor-saarland-chip-plant The Durham-based company announced the project in 2023. It partnered with German auto parts maker ZF to construct the plant in the western state of Saarland, close to Germany’s border with Luxemburg and France. Wed, 23 Oct 2024 15:29:03 GMT /news/2024-10-23/wolfspeed-germany-semiconductor-saarland-chip-plant Bradley George Shuttered Western North Carolina furniture factory reopens under new management /news/2024-08-19/furniture-factory-mitchell-gold-bob-williams-surya-taylorsville-north-carolina Surya will resume production of the iconic Mitchell Gold + Bob Williams brand, a year after the company filed for bankruptcy and closed its Taylorsville plant. Mon, 19 Aug 2024 16:36:48 GMT /news/2024-08-19/furniture-factory-mitchell-gold-bob-williams-surya-taylorsville-north-carolina Bradley George Harris offers proposals to cut food and housing costs, trying to blunt Trump's economic attacks /politics/2024-08-16/kamala-harris-food-housing-costs-economy-north-carolina During a speech Friday in the battleground state of North Carolina, Kamala Harris said that "building up the middle class will be a defining goal of my presidency." She endorsed a proposal for a federal ban on price gouging by food producers and grocers, and proposed $25,000 in down payment assistance for certain first-time homebuyers. Fri, 16 Aug 2024 20:46:34 GMT /politics/2024-08-16/kamala-harris-food-housing-costs-economy-north-carolina Associated Press California battery manufacturer to build a massive $1.4 billion plant in Edgecombe County /news/2024-08-16/natron-battery-plant-edgecombe-county-kingsboro Natron Energy, a sodium-ion manufacturer based in California, announced Thursday that it will build a $1.4 billion plant in Kingsboro, North Carolina. Fri, 16 Aug 2024 17:04:49 GMT /news/2024-08-16/natron-battery-plant-edgecombe-county-kingsboro Sharryse Piggott In Raleigh, Kamala Harris aims to blunt Donald Trump's economic attacks by proposing new tax breaks /politics/2024-08-16/raleigh-kamala-harris-donald-trumps-economic-tax-breaks The plans she's outlining during a visit Friday to North Carolina would cut taxes for middle- and lower-income families, give incentives for builders of starter homes and provide federal support for down payments by first-time homebuyers. Fri, 16 Aug 2024 13:48:13 GMT /politics/2024-08-16/raleigh-kamala-harris-donald-trumps-economic-tax-breaks Associated Press