Local Business
08/26/2026 · Moore County
Federal Reserve Maintains Key Interest Rate, Cites Inflation Concerns
The Federal Reserve's Federal Open Market Committee announced its decision to keep the federal funds rate unchanged. The committee pointed to persistent inflation and a robust job market as factors influencing its stance. Officials reaffirmed their commitment to achieving maximum employment and price stability.
U.S. Trade Representative to Address Congressional Panel on Administration's Agenda
Jamieson Greer, the U.S. trade chief, is scheduled to testify before a congressional panel. This testimony follows the U.S. President's announcement of 50% tariffs on most Canadian goods and subsequent agreement with Canada to intensify trade negotiations.
08/27/2026
U.S. Inflation Rate Reaches 3.5% in June
Annual inflation in the United States registered 3.5% in June. This figure represents a decrease from the previous month's high. Geopolitical developments in the Middle East introduce uncertainty for energy prices.
08/27/2026
Federal Reserve Chair Addresses Inflation, Cyclosporiasis Cases Rise, New York Halts Data Center Construction
Federal Reserve Chair Kevin Warsh told a House committee that inflation would become 'a thing of the past.' Meanwhile, national cyclosporiasis cases approach 7,000, and New York enacted a moratorium on new large data centers.
08/27/2026
Oil Prices Decline Amid U.S.-Iran Diplomatic Efforts
Oil prices experienced a drop on Monday. This decline occurred as the United States and Iran indicated a pause in recent hostilities to facilitate diplomatic engagement.
08/27/2026
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
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