Local Business
09/05/2026 · Moore County
U.S. Economy Sees Modest Growth, Consumer Spending Increases in Spring Quarter
The U.S. economy expanded at an annual rate of 1.5% in the spring, according to the Commerce Department. This represented a slight slowdown from the previous quarter, but consumer spending showed an increase.
Bank Maintains Interest Rates Amid Economic Growth Forecast, Cites Geopolitical Concerns
A central bank has maintained its benchmark interest rate, forecasting a stronger economic growth this year. Bank officials noted their readiness to adjust rates if geopolitical tensions intensify.
09/05/2026
BP Reports Highest Profits in Four Years Amid Rising Oil Prices
BP announced its highest profits in four years, attributed to a rise in global oil prices. Environmental groups expressed concerns regarding the company's earnings.
09/05/2026
BP Reports Highest Profits in Four Years Amid Rising Oil Prices
BP announced its highest profits in four years, attributed to a rise in global oil prices. Environmental groups expressed concerns regarding the company's earnings.
09/05/2026
U.S. Economy Reports Job Losses in July, Unemployment Rate Declines
The U.S. economy recorded a net loss of 23,000 jobs in July, contrary to economists' projections for growth. The unemployment rate decreased to 4.1%, a change attributed to fewer individuals seeking employment. Federal data also indicated downward revisions for job creation in May and June.
09/05/2026
U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates
Americans' credit card debt has surpassed one trillion dollars, marking a 60% increase over the last five years. Higher interest rates are making repayment more difficult for many cardholders, contributing to a rise in payment delinquencies.
08/31/2026
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