Winston-Salem Will Have More Shopping Downtown: Mast General Store Begins Construction
A Valle Crucis retailer know for its mountain shopping experience is coming to downtown Winston-Salem.
Economy
Bankruptcy Judge: Detroit Deal Nearly Miraculous
Even as Detroit attempts to exit municipal bankruptcy and wipe away its debt, the city still suffers widespread unemployment. Experts say it will take Detroit years to become healthy again.
'Grand Bargain' Will Help Save Detroit — And Its Art
A federal judge in Detroit ruled favorably on the city's "grand bargain" on Friday, approving the city's exit from Bankruptcy. We look at the role foundations played in bringing it about and the Foundation for Detroit's Future, which will be set up in the wake of the verdict.
Liberia's 'Flags Of Convenience' Help It Stay Afloat
The weak Liberian economy has been hit by the Ebola crisis. One thing Liberia does have going for it is an unusual export — its flag. The Liberian flag is the second most popular flag flown by international cargo ships and is a huge source of revenue.
Beyond The Unemployment Rate: Look At These 5 Labor Indicators
The unemployment rate tells only a partial story about the labor market and the state of American workers. Five other measures provide a fuller understanding of the economy and the nation's workforce.
5 Reasons Why Your Financial Outlook Just Got Better
Even if a big raise is not imminent for you, five factors are helping stretch today's paycheck: cheap gasoline; a strong dollar; low interest rates; fierce retail competition and a huge corn harvest.
Judge Approves Detroit's Plan To Exit Bankruptcy
The deal worked out by the city's emergency manager includes shedding $7 billion in debt and borrowing hundreds of millions of dollars to implement the strategy.
Economy Continues Adding Jobs, Unemployment Rate Dips To 5.8 Percent
The economy added 214,000 jobs in October, less than the 248,000 produced in September, but just enough to continue pushing the unemployment rate down.
Jet Fuel Is Down, But Not Enough For A Thanksgiving Fare War
Airlines say they expect an uptick in Thanksgiving travel. This November, jet fuel prices are down, but carriers are using the saved money to upgrade equipment and software rather than cut fares.
Manufacturing Slowly Making A Comeback In The Triad
Manufacturing – that broad industry sector that was once the pillar of the Triad economy – is slowly making a comeback. The jobs are different, and they aren't as plentiful. But more companies are finding reasons to make things in this region and not overseas.