Local Business
06/22/2026 · Moore County
Rent-to-Own Sector Reaches $11.8 Billion as 6.7 Million Households Participate
The rent-to-own industry generated $11.8 billion in revenue during 2025 while serving 6.7 million U.S. households, according to a new industry health survey. The findings reflect growing consumer participation in lease-purchase arrangements as an alternative to conventional mortgage financing.
Rare Earth Metals Company Plans South Carolina Manufacturing Plant
USA Rare Earth announced plans to construct a rare earth metal and magnet manufacturing facility in Blacksburg, South Carolina. The company expects the operation to create approximately 490 high-skill manufacturing jobs.
06/13/2026
Survey Shows Employers Planning Increased AI Adoption in Health Benefits
A recent survey by WTW indicates that many employers intend to incorporate artificial intelligence into their employee health and benefits programs. The survey also highlights potential gaps in resources and planning for this integration.
06/12/2026
Federal Reserve Releases 2025 Household Economic Well-Being Report
The Federal Reserve Board issued its report on the economic well-being of U.S. households in 2025. The report details various aspects of household finances, including income, employment, and access to credit. It highlights both improvements and persistent challenges.
06/11/2026
Federal Reserve Holds Steady on Interest Rates
The Federal Reserve decided to maintain current interest rates, officials announced Wednesday. The central bank noted ongoing progress toward its 2% inflation target. Policymakers continue to monitor economic data.
06/11/2026
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