News

  • Energy Crisis Is ‘Revenge of Old Economy,’ Goldman Sachs Says

    Bloomberg Markets YouTube Video September 28, 2021 The focus on Environmental, Social and Governance (ESG) investments has created under-capitalization of hydrocarbon-based energy sources just as wind and solar see unprecedented interest from investors. The situation will lead to high prices for oil and natural gas......

  • What Progress is North Carolina Making on its Attainment Goal?

    EdNC September 23, 2021 Fewer than one-third of North Carolina students attain post-secondary degrees or credentials, a figure that puts the state on a collision course with downrange workforce needs. The ambitious target set in 2019 by myFutureNC — having two million North Carolinians between......

  • Less Government, More Employment

    First Trust Outlook September 27, 2021 While some media reports claim the sunsetting of federal unemployment supplements by many states had no impact on job creation, analysts at First Trust believe the expiration nationally of the $300 weekly benefit boost could spark an employment boom.......

  • Medicaid Deal Will Benefit NC, Virginia

    Greenville Reflector (Opinion) September 15, 2021 Thirty-eight states have tapped federal funds to expand Medicaid, the federal-state program that finances healthcare for the poor, elderly and low-income uninsured. While a bipartisan effort in Virginia has opened access to more than half a million residents lacking......

  • Model Train Display Features New CSX Hub

    Rocky Mount Telegram September 10, 2021 When CSX launches its Carolina Connector in October, the 330-acre site is expected to boost the state’s logistics and supply-chain economy. But those eager for a glimpse into how the new intermodal terminal will facilitate North Carolina commerce can......

  • Cooper Signs Bill Putting Distillers Closer to Par with Wineries, Breweries

    Carolina Journal September 10, 2021 Legislation passed by the General Assembly and signed by Governor Roy Cooper last week moves liquor distilleries into the same regulatory regime North Carolina breweries and wineries operate under.  HB 890 liberalizes rules for distillery tours and enables spirit makers......

  • Tech Job Openings Across NC Surge 40% as COVID Drives More Digital Adoption

    WRAL TechWire August 30, 2021 Home-based work arrangements and the need for secure computer networks have created a surge in demand for I/T workers in North Carolina. The NC Technology Association reports that as of July, the state had 40,576 available I/T jobs — a......

  • Main Street Program Reports $4.08 Billion Since Inception

    The Transylvania Times August 25, 2021 Capital is pouring into revitalizing small-town central business districts like downtown Brevard. The NC Commerce Department reports nearly $454 million in public and private investment arrived at communities participating in the state’s Main Street and Small Town Main Street......

  • The Billions Being Wasted in the Economic Development Subsidy Wars

    Governing (Opinion) August 11, 2021 Economic development incentives amount to a zero-sum game wherein households and small businesses are the losers, according at the authors of a recent broadside published in the influential Governing magazine. Academic research finds that only one in eight “subsidies” changes a company’s......

  • This Year’s Drop in College Enrollment Was Like Falling Off a Cliff…With More Pain Ahead

    Yahoo! Finance (YouTube Video) August 15, 2021 “This has been a very frightening year for higher education,” according to Doug Shapiro, Executive Director of the National Student Clearinghouse Research Center. Enrollment declines on US campuses were the worst seen since the organization began tracking the......