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Co-Founder Of NC-Based Lender Attacked

Posted: 11/30/2008 - A co-founder of the community development lender Self-Help Credit Union was attacked by several men leaving his office in downtown Durham.

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Mom's Shopping Sacrifice

Posted: 11/29/2008 - Many moms will likely do without ..in order to complete their children's holiday wish list.

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Stocks End Short Session With 5th Straight Gain

Posted: 11/29/2008 - Wall Street wrapped up its biggest five-day rally in more than 75 years Friday, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.

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Cooper: NC Treasurer Violated Law

Posted: 11/28/2008 - Attorney General Roy Cooper's office says the state treasurer's office violated North Carolina law by hiring outside attorneys to advocate as part of a class-action lawsuit against mortgage giant Freddie Mac.

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Black Friday Projections

Posted: 11/27/2008 - The stock markets have had positive gains for four days straight. It's the first time this has happened since April. With Black Friday on the horizon, retailers are expecting similar results.

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Secret Shopper Scam

Posted: 11/26/2008 - There are some legitimate secret shopping companies, but the BBB of Eastern NC is warning about one they say is a scam.

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Steve & Barry's Closing All Stores

Updated: 11/25/2008 - The national clothing chain had hopes to keep the remaining 173 stores open, but the chains new owners filed for bankruptcy last week. The stores include two here in Eastern Carolina.

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Bush Says Citigroup Deal Needed To Protect System

Posted: 11/25/2008 - President Bush argued Monday that the government's dramatic rescue of Citigroup was necessary to "safeguard the financial system" and help the economy recover, and he said there could be more such moves if other institutions need help.

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In Summers, Obama Gets A Lauded Economic Thinker

Posted: 11/25/2008 - As Treasury secretary, Lawrence Summers was famous for wolfing down a bag of Cheetos and polishing them off with a can of Diet Coke. The tip-off was the patina of orange dust on his suit.

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Obama Promotes Fiscal Restraint, Big Spending

Posted: 11/25/2008 - President-elect Barack Obama wants to project fiscal restraint even as his economic team assembles a massive recovery package that could cost several hundred billion dollars.

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CNN - Gas Prices Slip Below $2

Posted: 11/25/2008 - Gas prices dropped nearly 33 cents in the past two weeks, dipping below $2 for the first time since March 2005, a national survey said Sunday.

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Thanksgiving Travel & Gas Prices

Posted: 11/25/2008 - Thanksgiving travelers are expected to be out in high numbers for reasons other than pumpkin pie.

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Obama Nominates Geithner For Treasury Secretary

Posted: 11/24/2008 - Timothy Geithner is president of the New York Federal Reserve Bank, and has been working with the Bush administration on ways to solve the credit crisis.

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UPDATE: Government Unveils Citigroup Rescue Plan

Updated: 11/24/2008 - The government unveiled a plan Sunday to rescue troubled Citigroup, including taking a $20 billion stake in the firm whose stock has been hammered on worries about its financial health.

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More Car Dealerships Close

Posted: 11/23/2008 - Eastern Carolina and the country have been impacted. The latest closing is in Minnesota, where one of the biggest dealers announced big changes.

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Obama Economic Plan Aims For 2.5M New Jobs By 2011

Posted: 11/23/2008 - President-elect Barack Obama promoted an economic plan Saturday he said would provide 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.

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