Local Business

07/15/2026 · Moore County

Federal Reserve releases latest FOMC policy statement

The Federal Reserve's policy committee released its statement on monetary policy decisions and economic conditions. The statement reflects the committee's current assessment of the economy and guidance on interest rates.

07/13/2026

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Business

Analysts Expect Price Increases to Persist Beyond Iran Conflict

Fighting in the region has disrupted supplies of fuel, fertilizer, food and other goods, prompting analysts to predict that elevated prices will outlast the current conflict.

07/12/2026

Business

Oil prices decline after U.S. and Iran announce Strait of Hormuz agreement

Crude oil prices fell Monday following an announcement that the U.S. and Iran reached a deal to reopen the Strait of Hormuz. Stock markets edged upward in response, though analysts questioned whether energy prices would continue declining.

07/12/2026

Business

Trump Threatens 100% Tariffs on Europe Over Digital Services Tax

President Trump said he would impose 100% tariffs on European countries discussing taxes on digital services. The threat escalates tensions over how nations tax technology firms.

07/12/2026

Business

Major Tech Stocks Decline Amid Questions Over AI Investment Returns

Selling pressure hit major technology companies as investors questioned whether artificial intelligence investments would generate sufficient returns. The selloff prompted broader concerns about the sustainability of the AI-driven rally that has dominated markets.

07/09/2026

Business

U.S. Economy Outpaces Global Peers Despite Shared Challenges

The U.S. economy has grown faster than many international counterparts even as all face similar global disruptions. Economists cite several factors unique to America's economic structure as drivers of the outperformance.

07/01/2026

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