All in Business

Social Security Board of Trustees: combined trust funds projected depletion one year sooner than last year

The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time.

$100 Summer Card incentive to get a COVID-19 vaccine ends Tuesday

North Carolina’s $100 Summer Card program will end Tuesday, Aug. 31. As part of its ongoing effort to get more North Carolinians vaccinated and safely bring summer back, the North Carolina Department of Health and Human Services has been offering $100 Summer Cards at select locations in various counties across the state. Cards were distributed to offset the time and transportation costs of getting vaccinated.

Film production in North Carolina reaches new investment high

Filmmakers producing projects in North Carolina are on track to invest a record amount of money in the state in 2021, Governor Roy Cooper announced earlier today during a press conference at EUE/Screen Gems Studios in Wilmington. The spending amount of $409 million is the largest tally seen in the state since the creation of the North Carolina Film and Entertainment Grant in 2014. Combined, these productions will create more than 25,000 job opportunities for North Carolina’s highly skilled film professionals and background talent.

Attorney General Josh Stein announces $215 million in savings for Duke Energy customers

Attorney General Josh Stein today announced that as a result of his January coal ash settlement with Duke Energy, electricity customers will save approximately $215 million in future energy costs. These funds are a result of 14 settlements that Duke Energy reached with 23 insurance companies over coal ash coverage policies, the last of which was settled this week.