North Carolina ranks ninth in the country for starting a business, according to a report from personal finance website WalletHub.
North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
North Carolinians are just weeks away from receiving more money in their paychecks, as a new income-tax reduction is set to go in effect. The action taken by state legislators last year in the 2021-22 state budget is being recognized nationally by Forbes. The magazine lists the Tar Heel state among the top five for income tax reductions for...
Fears of a global economic slowdown, fueled in part by the coronavirus outbreak, took a $4.2 billion chunk out of North Carolina’s state pension plan. The coronavirus has sent stocks tumbling worldwide. North Carolina’s pension plan is more conservatively managed than most, so it slid only 3.9% from its unprecedented $107 billion peak in mid-February....
The economic costs of corporate tax incentives outweigh their benefits, a new study by N.C. State University researchers says. The study focused on three types of tax incentives — investment or job creation tax credits, property tax abatements, and research and development tax credits. Though perhaps the best known incentive, job creation or investment...
For years, independent health-care providers have resisted consolidation in the medical market. State Treasurer Dale Folwell hopes to lend them a hand with State Health Plan payment reforms. “We think the long-term success of health care in North Carolina is going to be based on independent physicians, independent behavioral health specialists, and actually independent hospitals...
North Carolina state government’s reserves are in the best condition they’ve seen this century. This means the Tar Heel State is one of a handful that could survive a recession without raising taxes or cutting services immediately. That’s one conclusion of the latest Fiscal 50, an annual state-by-state review of public finances from the Pew...
North Carolina is the only state meeting all of the Pew Charitable Trusts best or good practices in taking care of its “rainy day” reserves. North Carolina’s reserve requires the state to set aside 15 percent of projected revenue growth to the reserve at the beginning of each fiscal year, and there are clear and...
North Carolina is initiating an effort to provide healthier food in areas of the state where people may have trouble finding fresh produce, though a federal study of similar efforts in other locations have found they had a “negligible” effect on the amount of produce sold in areas called “food deserts.” During the 2016 short...
RALEIGH — Foundations that promote a troubling forecast from the threat of global warming might be more intimately involved than previously known with North Carolina’s hired directors for its Climate Action Plan Advisory Group.
