Category Archives: Business News
High oil prices knock down stocks and erase Wall Street's hopes for a cut to interest rates
By STAN CHOE AP Business Writer NEW YORK (AP) - Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve. Th...
Mar 20, 2026
AG Jackson fighting proposed TV merger
RALEIGH, N.C. (NCN News) - North Carolina's attorney general Jeff Jackson is joining with a group of attorneys general fighting a proposed merger that could affect what you see on television, and how ...
Mar 19, 2026
US stocks slump on worries about higher oil prices, inflation and interest rates
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks slumped Wednesday after a report said inflation was primed to worsen even before the war with Iran caused oil prices to spike. That a...
Mar 18, 2026
New numbers released on tourism activity
ASHEVILLE, N.C. (NCN News) - We're hearing the latest numbers on tourism in the Tar Heel State - with visitors spending almost $37 billion dollars in 2024. Those numbers were released Tuesday (March 1...
Mar 17, 2026
Oil prices resume their rise, but US stocks hold steadier this time around
By STAN CHOE AP Business Writer NEW YORK (AP) - Oil prices resumed their rise on Tuesday because of the war with Iran, but U.S. stocks held steadier this time around. The S&P 500 rose 0.2% to add ...
Mar 17, 2026
Flight cancellations and delays continue after US storms dump snow in the Midwest and head east
By EMIILIE MEGNIEN and RIO YAMAT Associated Press ATLANTA (AP) - Travel disruptions continued Tuesday in the U.S. as airlines worked to recover from a powerful storm system that had already snarled fl...
Mar 17, 2026
Amazon offers 1-hour and 3-hour deliveries for US customers willing to pay an extra charge
By ANNE D'INNOCENZIO AP Business Writer NEW YORK (AP) - Amazon said Tuesday that it has started offering faster U.S. deliveries of selected products for a fee, including pantry staples, clothing, over...
Mar 17, 2026
Siemens announces Carolinas investments
RALEIGH, N.C. (WPTF) - German owned Siemens is investing more than $165 million in both Carolinas, including in Wake County, to support America's rapidly accelerating AI and data center markets. The n...
Mar 17, 2026
Falling oil prices send Wall Street to its best day since the Iran war began
By STAN CHOE AP Business Writer NEW YORK (AP) - A drop in oil prices on Monday helped send the U.S. stock market to its best day since the war in Iran began. The S&P 500 climbed 1% for its biggest...
Mar 16, 2026
Financial services company marks major Charlotte expansion
CHARLOTTE, N.C. (NCN News) - State and local leaders took part in the official ribbon cutting for financial giant Citigroup offices in the Ballantyne community in south Charlotte Monday (March 16). Th...
Mar 16, 2026