One year after the passage of the Inflation Reduction Act, a once-in-a-generation investment in the climate and clean energy, it is clear that the landmark law has already had positive impacts on the national and state economies.
In the quest for economic growth, some small businesses in North Carolina are facing challenges in accessing funding from federal economic stimuli, such as the Infrastructure Bill, Build Back Better, and the American Rescue Plan Act.
As summer comes to an end, kids and adults alike are headed back to school. But for college graduates, this also means it’s time to resume payments on their federal student loans after a hiatus of more than three years.
Gas prices throughout the United States have continued their upward trend over the previous months and years, due to increasing oil prices. Despite the lower demand, potential hurricane development and forecasts of record-high temperatures could cause refineries to halt production and contribute to the increase in prices.
In June 2023, home prices in the United States decreased by 0.83 percent compared to last year to a median price of $425,177, according to data from Redfin.
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.
The United States added 187,000 new jobs in July, according to the monthly report released by the Bureau of Labor Statistics. Average hourly wages rose 4.4 percent from a year earlier, slightly more than officials expected.
The national unemployment rate dropped from 3.6 percent in February to 3.5 percent in March.
When compared to the current school year, total state funding for public schools would increase just 0.7 percent under the House budget.
The budget state House Republicans presented this week would increase teacher salaries an average of 10% over two years and give state employees 7.5% raises over the two-year budget cycle.