Local Business
09/08/2026 · Moore County
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.
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.
09/05/2026
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
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
U.S. Existing Home Sales Decline in July Amid Record Prices, High Mortgage Rates
Sales of previously owned homes in the U.S. decreased in July. Record prices and elevated mortgage rates contributed to the slowdown, affecting many potential homeowners.
08/31/2026
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