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There’s a new benchmark to assess how well North Carolina is faring economically. The state Commerce Department launched the County Economic Vitality Index tracking unemployment, wages, median household income and educational attainment. One of the big takeaways is that suburbs may be on the rise.
Nick de la Canal
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WFAE
Felicia Sonmez
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BPR News
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Sgt. Jamar Marcel Pugh/North Carolina Army National GuardThe legislature’s budget stalemate has hit North Carolina’s prison system hard, making it difficult to pay bills and keep enough staff to safely operate its 55 facilities. -
A Charlotte-based subsidiary of Ally Financial has been ordered to pay a $500,000 penalty over its robo-advisor practices. The Charlotte Observer reports that Ally Invest Advisors was investigated for failing to clearly disclose that some “robo-advisor” investment accounts kept about 30% of customers’ money in cash, a move regulators say helped offset lost fees.
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Music festival season is almost upon us, but the Lovin’ Life Music Fest is not happening. It debuted in uptown Charlotte in 2024 with big names such as Stevie Nicks and Post Malone and drew tens of thousands. Last December, festival organizers said they were taking “a short pause” this year and left it at that. For more, Tony Mecia of the Charlotte Ledger Business Newsletter joined WFAE’s Marshall Terry for our segment BizWorthy. -
The effort stems from the partial government shutdown, which has made TSA workers go without pay for more than a month. -
Duke Energy plans to build two 425-megawatt "peaker" natural gas turbines at its Buck Steam Station site near Salisbury. These turbines are not meant to run continuously, but rather during peak load hours, when energy demand is highest.State regulators are hosting a public hearing Tuesday at 7 pm for the proposed construction at the Rowan County Courthouse in Salisbury. A virtual hearing will be held Wednesday at 6:30 pm. More information at ncuc.gov. -
The Charlotte City Council is spending $25 million to improve the BoPlex. -
A study by the National Low Income Housing Coalition shows that all 50 states are experiencing this challenge. -
Home prices in the Charlotte region rose in February even as the number of sales declined, according to new data from the Charlotte-area Realtor association, Canopy MLS.The group said home sales dropped almost 9% compared with February 2025. The average sale price rose 2%, climbing to more than $483,000. -
March Madness is underway and you can be sure a lot of bets are being made in North Carolina on who will go all the way. This month marks two years since the state legalized online sports gambling. In that time, North Carolina has seen a rise in gambling problems. -
Sports betting marketers are wooing females, pitching their gambling as inclusive, empowering and a way to connect with friends. -
North Carolina drivers can now check DMV wait times online before leaving home. -
North Carolina Gov. Josh Stein visited Charlotte on Thursday to mark the opening of PSA Airlines’ new corporate headquarters. The regional carrier, a wholly owned subsidiary of American Airlines that operates American Eagle flights, moved its central office from Dayton, Ohio, to Charlotte in January.
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