Local Business
07/17/2026 · Moore County
Major retailers launch summer sales as consumers face inflation pressures
Major U.S. retailers are rolling out summer promotional events as inflation continues to squeeze household budgets. Amazon, Best Buy, Target and Walmart are among chains offering weeklong discounts.
Inflation measure rises in May as oil prices surge
A key inflation gauge accelerated in May as oil prices climbed, pushing overall price growth higher. Consumer spending data suggests households have not significantly reduced purchases in response to rising costs.
07/18/2026
Alan Greenspan, Former Federal Reserve Chair, Dies at 100
Alan Greenspan, who led the Federal Reserve for 18 years and wielded enormous influence over U.S. economic policy, died Monday from complications of Parkinson's disease. He was 100.
07/18/2026
More Young Adults Move Back With Parents as Housing Costs Rise
Economic conditions have pushed growing numbers of young adults to return to their parents' homes. Experts outline strategies for reducing household conflict while residents work toward financial independence.
07/18/2026
U.S. Consumer Confidence Shows Slight Increase in June Amid Economic Concerns
U.S. consumer confidence edged up in June, according to data released by The Conference Board. The index increased by 0.6 points, reaching 91.2. This figure remains lower than the 95.2 reported a year prior.
07/18/2026
Federal Reserve's stress test finds large banks can absorb severe recession
The Federal Reserve completed its annual stress test on large banks and determined they hold enough capital to weather a severe recession while continuing to lend. The assessment examines how major financial institutions would respond to economic shocks.
07/18/2026
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