It’s time to rethink the Fed’s 2% inflation target – and the system behind it
Moving toward a more market-based, adaptive mechanism for inflation management could be a more effective long-term solution.
The board of directors of NCInnovation (NCI), the private nonprofit given $500 million in taxpayer funds to help commercialize public university research, voted Thursday to select Wells Fargo as the investment manager for NCI from more than a dozen financial institutions who submitted bids.
“Hurricane Helene caused widespread devastation across North Carolina, and it’s our duty to ensure impacted communities have the resources they need to rebuild stronger than before,” Hall said in a press release.
While last long session led to some disappointments and distractions, there is still reason to think that conservatives in the legislature will solve important issues like they have in the past.
In addressing their respective chambers, Berger and Hall pointed to various, both leaders touched on several key priorities in the year ahead, including rebuilding western NC, boosting the economy, and improving education and public safety.
With over 9,000 residential units damaged in Buncombe County following the devastation of Hurricane Helene, January 6 marked the deadline for property taxes to be paid on time, despite widespread destruction. In a county briefing Monday, public information officer Stacy Wood told residents “North Carolina law does not permit property tax waivers or exceptions for natural disasters,...
In a press release Tuesday, North Carolina House Speaker-Designate Hall, R-Caldwell, unveiled senior staff hires for the Office of the Speaker as he takes over the leadership position. Elected members of the NC General Assembly are expected to be sworn in on Wednesday, January 8, as the long legislative session begins. Senior members of Hall’s...
The North Carolina's high court majority critiqued state Revenue Department bureaucrats for their actions in a tax dispute with Philip Morris.
UNC universities benefit from sports betting tax revenue.
By repealing the franchise tax in 2025, state lawmakers can cement the legacy of the transformative tax reform of the past 12 years.
The three-judge panel overseeing a legal dispute over two 2018 North Carolina state constitutional amendments granted motions Monday helping both sides in the case. One amendment placed a photo identification requirement for voters into the state’s governing document. The other lowered the state’s cap on income tax rates from 10% to 7%.
The year 2024 was marked by significant developments across politics, the economy, education, and energy in North Carolina. As one of the nation’s most dynamic and closely watched states, it played a pivotal role in shaping regional and national conversations.