All in Business

Redistricting public hearings held across the state

The N.C. General Assembly kicked off a month-long series of 13 public redistricting hearings held across the state. State legislative and congressional districts are redrawn every ten years using new data from the U.S. Census report. This year, the data was delayed due to difficulties collecting it during the COVID pandemic. Still, results showed that N.C. has growing by 9.5 percent in the past decade, faster than the national average of 7.4 percent. The results give N.C. a 14th congressional seat.

Trade lifts North Carolina economy

When North Carolinians are free to trade with whomever they choose, be it South Carolinians or South Koreans, some local businesses may lose sales. The case for markets isn’t based on promises of cost-free benefits or perfect outcomes. No such promises could ever be honored in the real world.

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.