Visitor Spending In North Carolina Hits Record High
New research out this week shows North Carolina's tourism industry is growing as visitor spending increased by more than four percent last year.
ECONOMY
Affordable Housing Program Costs More, Shelters Fewer
The low-income housing tax credit program gave way to a booming $8 billion private industry, but as tax credits for companies increased, the number of housing units being built for the poor fell.
Location A Bigger Influence Than Race For Children In Public Housing
A new study finds that the neighborhood where children in public housing live impacts their life outcomes in more significant ways than race does.
Credit Suisse Gets $40 Million In Tax Breaks, Adds 1,200 Jobs In NC
Credit Suisse is adding 1,200 jobs at its technology hub in North Carolina, which approved more than $40 million in tax breaks on Tuesday to lure the jobs away from the New York City area.
Ralph Lauren To Cut 107 Jobs In The Triad
After weeks of rumors, Ralph Lauren has confirmed it will be cutting over 100 jobs in the Triad.
News Brief: Sally Yates Testimony, South Korea Election, 'Front Line' Probe
Senate panel told ex-national security adviser Michael Flynn was compromised by the Russians. South Koreans elect a president. Probe shows why some families aren't getting government-funded housing.
U.S. Government Officials Play Hardball On Student Loan Defaults
The federal government is ramping up an experimental program in which they hire debt-collection law firms to sue borrowers who decades ago defaulted on student loans.
Economists Debate If Tax Cuts Pay For Themselves
A decades-old economic theory is making a comeback. The theory: tax cuts can pay for themselves. Trump administration advisers have repeated this mantra to explain their corporate tax rate cut.
Life Expectancy Can Vary By 20 Years Depending On Where You Live
Geographic inequality in life span is growing in the United States, with people in some counties living more than 20 years longer than those in others.
Google Moves In And Wants To Pump 1.5 Million Gallons Of Water Per Day
The company says it needs that much water to cool its servers at a South Carolina data center. Now, community leaders are having to balance economic benefits with environmental impact.