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February 26, 2017 - 38 minutes ago

Global retailer Lidl announced that it has begun hiring 800 store associates in North Carolina.

Over the next four months, Lidl will hire store associates in 13 North Carolina cities, including Charlotte, Gastonia, Greenville, Havelock, Kinston, Morehead City, Rockingham, RockyMount,…


New-home sales rise in sign of housing market health

February 25, 2017

WASHINGTON — Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates.

New home sales rose 3.7 percent to a seasonally-adjusted 555,000, the Commerce Department said Friday. That is 5.5 percent…


Company towns struggle to find new identities

February 24, 2017

PEORIA, Ill. — Peoria Mayor Jim Ardis planned to open this year’s State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring “We wouldn’t be Peoria without Caterpillar.”

It’s been that way for decades…


Americans buy existing homes at fastest pace in a decade

February 23, 2017

WASHINGTON — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows.

Home sales rose 3.3 percent in January from…