Local Business
08/25/2026 · Moore County
Housing Costs Correlate with Widening Wealth Disparity Between Renters and Owners
Housing costs have reached high levels, creating a notable difference in financial standing between individuals who rent their homes and those who own them. This situation has presented advantages for homeowners while simultaneously affecting access to homeownership for others.
Study: Most Americans Believe Brands Overcharge Amid Inflation
A recent Omnisend study reveals 85% of Americans think brands use inflation as an excuse for higher prices. This perception correlates with 56% of consumers reportedly stopping purchases from previously favored brands.
08/23/2026
Tribal Gaming Regulator Lacks Chairperson Amid Industry Growth
The National Indian Gaming Commission, responsible for a $46 billion tribal gambling industry, faces operational challenges without a chairperson. This leadership vacancy occurs as tribal gaming revenue reached a record high in 2023.
08/23/2026
U.S. 30-Year Mortgage Rate Reaches Highest Point in a Year
The average rate for a 30-year fixed-rate mortgage in the U.S. climbed to 6.66% this week. This figure marks the highest level recorded in the past 12 months.
08/23/2026
Mortgage Rates Reach One-Year High
The average rate for a 30-year fixed mortgage reached 6.66 percent on Thursday. This marks the highest level recorded in a year. Analysts point to international conflict and inflation concerns as factors.
08/23/2026
U.S. Economy Grows 1.5% Amid Persistent Inflation
The U.S. economy expanded at a 1.5% annual rate in the second quarter. Inflation continued to exceed the central bank's 2% target, impacting household finances.
08/23/2026
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