Local Business
07/28/2026 · Moore County
China Considers Reinstatement of US Trade Privileges for Hong Kong
China indicated it may restore specific trade privileges for Hong Kong that the United States previously granted. This development occurs two months after President Donald Trump and Chinese President Xi Jinping met. The potential reinstatement precedes President Xi's anticipated visit to the United States.
Federal Investment Accounts for Children Launched, Drawing Contributions
New federal investment accounts for children have officially opened, marking the first such tax-advantaged program. Eighty-seven entities, including companies, foundations, individuals, and states, have contributed. Economists are now examining the potential for these accounts to deliver their promoted benefits.
07/29/2026
United States Imposes 50% Tariff on Canadian Imports
The United States announced a 50% tariff imposition on imports from Canada. These duties will become active within 30 days of the announcement. The measure affects trade between the two North American nations.
07/29/2026
Livestream Shopping Grows as Sales Method for Businesses
Businesses increasingly use social media livestreams to conduct sales, with some reporting substantial daily revenues. Consumers are adopting this direct purchasing method. This trend marks a development in online retail.
07/29/2026
U.S. National Average Gasoline Price Reaches $4 Per Gallon
The national average for gasoline in the U.S. has again reached $4 per gallon. This figure represents an average, indicating some states experienced prices above this level earlier.
07/29/2026
U.S. Imposes New Tariffs on Canadian Imports
The United States introduced 50% tariffs on steel and aluminum products from Canada. President Donald Trump cited national security concerns for the measure. Canadian officials pledged to continue trade negotiations.
07/29/2026
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