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You Decide: Why Are Recession Fears Back?
March 24. By Mike Walden. [Commentary] There’s a word most economists don’t want to hear, and it begins with an “r.” I’ll give you a 5-second countdown to guess: 5,4,3,2,1. Buzz, time’s up. The word is “recession,” and I expect most of you guessed correctly. Yes, after being out of the headlines for most of […]
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April 30. With Small Business Week starting May 4, two out of five small business owners say the occasion helps their business, according to WalletHub’s new Small Business Survey. Rising Demand for Funding: 53% of small business owners say they need more financing now than they did a year ago. Optimism for Growth: More than 3 […]
April 29. Unemployment rates decreased in 43 counties in March 2025, increased in 29, and remained unchanged in 28. Hyde County had the highest unemployment rate at 6.8 percent while Camden County had the lowest at 2.8 percent, while Mecklenburg stayed the same at 3.7 percent. Seven of the state’s metro areas experienced rate increases, […]
April 28. United Bankshares, which has branches in Mooresville and Denver, reported earnings for the first quarter of 2025 of $84.3 million, or $0.59 per diluted share. The first quarter was highlighted by record net interest income, net interest margin expansion, resumption of share repurchases and the consummation of the previously announced acquisition of Atlanta-based […]
April 23. The state’s seasonally adjusted unemployment rate in March was 3.7 percent, unchanged from February’s revised rate. The national rate increased 0.1 of a percentage point to 4.2 percent. North Carolina’s unemployment rate increased 0.2 of a percentage point from a year ago. The number of people employed decreased 574 over the month to […]
April 22. Twelve of the 36 Ernst & Young Entrepreneur Of The Year 2025 Southeast nominees are from North Carolina, one of them—Mike Griffin— is from Cornelius. Mike Griffin is a partner at Griffin Brothers Cos., which includes ZoomUp, an investment and consulting company that looks to acquire and/or partner with reputable family companies that […]
April 21. The Lake Norman Chamber honored three local educators at the 2025 Education PowerLuncheon held at Northstone Country Club in Huntersville. The event, presented by Atrium Health and sponsored by HomeTrust Bank and Business Today/Cornelius Today, and WSIC featured Brett Fansler, Executive Director for Corporate Engagement at Central Piedmont Community College. 2025 Board Chair […]
