June 24, 2018

Several officials and employees from the state Department of Transportation came down to Edgecombe County this past week for a first-hand look and brief tour of the Kingsboro Megasite that will be the home of Chinese tire manufacturer Triangle Tire’s first plant in the United States.

Gov. Roy…

Many Americans aren't benefiting from robust economy

June 24, 2018

WASHINGTON  — "The economy," Federal Reserve Chairman Jerome Powell recently declared, "is doing very well."

And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy.…

State regulators deny Duke Energy rate increase request

June 23, 2018

RALEIGH — North Carolina regulators denied on Friday a request from Duke Energy to raise electric rates, ordered the utility to refund $60 million in deferred taxes to customers and fined it $70 million for the way it handled coal ash.

Serving about 2 million customers, the Duke Energy…

Stocks skid as industrials, automakers, tech trade lower

June 22, 2018

NEW YORK — Car makers and technology and industrial companies fell Thursday as investors focused on the U.S.-China trade dispute, which could reduce company spending and earnings. The Dow Jones Industrial Average slipped for the eighth day in a row.

While investors generally don’t…