Local Business

07/24/2026 · Moore County

OPEC+ Countries Announce Modest Oil Production Increase for August

Seven OPEC+ countries will increase oil production by a combined 188,000 barrels per day in August. The Organization of the Petroleum Exporting Countries and its allies made the announcement on Sunday. This adjustment follows recent declines in oil prices.

07/23/2026

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Business

Aldi Expands U.S. Presence with $9 Billion Investment

Aldi, the German-based grocery chain, is investing $9 billion in its U.S. operations. The company plans to open hundreds of new stores, focusing on urban markets such as Manhattan. This expansion aims to leverage Aldi's discount model against competitors like Walmart.

07/23/2026

Business

Bezos predicts AI will create jobs, not eliminate them

Jeff Bezos said artificial intelligence will generate employment opportunities instead of replacing workers, predicting the technology will eventually create a labor shortage. The Amazon founder, who also leads robotics and space companies, shared his view on how AI reshapes the workforce.

07/18/2026

Business

Gasoline Prices Fluctuate Amidst Middle East Conflict

Gasoline prices have seen fluctuations in recent periods. These changes coincide with global events impacting maritime commerce, particularly in key oil transit routes. Drivers have experienced uncertainty regarding fuel expenses.

07/23/2026

Business

TSCL Projects 3.8% COLA for 2027

The Senior Citizens League (TSCL) projects a 3.8% cost-of-living adjustment (COLA) for 2027. This figure represents a 1.0 percentage point increase over the current year's COLA.

07/24/2026

Business