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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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Investor Fear Remains Deep Despite 1-Day Rally

Posted: 11/23/2008 - Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession.

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State Budget Shortfall Grows

Posted: 11/21/2008 - A new report says the budget shortfall in North Carolina state government has widened.

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State Jobless Rate Rises To 7% In October

Updated: 11/21/2008 - The wave of layoffs at North Carolina companies led to a statewide unemployment rate of 7 percent in October, the highest in almost six years.

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Congress Extends Jobless Benefits; Stocks Fall 400

Updated: 11/21/2008 - Congress raced to approve legislation to keep unemployment checks flowing into the new year for a million or more laid-off Americans whose benefits are running out.

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