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December 11, 2025

View of a busy business district in Charlotte with banks and local shops.
Business News

Truist Financial Lowers Prime Lending Rate to Boost Local Economy

Charlotte, N.C., December 11, 2025 Truist Financial Corporation has announced a reduction in its prime lending rate from 7.00% to 6.75%, effective December 11, 2025. This decision aligns with other major banks and aims to boost economic activity in the Charlotte area. Lower borrowing costs can encourage spending for consumers and provide small businesses with better access to credit, facilitating growth and innovation in a competitive market. Truist’s commitment to supporting

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December 11, 2025 No Comments
Interior view of 3rd & Fernwood restaurant showcasing empty tables
Business News

Challenges Faced by Charlotte’s 3rd & Fernwood Eatery

Charlotte, NC, December 11, 2025 The recent closure of 3rd & Fernwood, a beloved restaurant in Charlotte, highlights the difficulties faced by small businesses in the food service industry. Rising operational costs and fluctuating customer demand contributed to its downfall. Despite efforts to adapt, the establishment succumbed to industry pressures, serving as a poignant reminder of the challenges many dining venues encounter today. The local community’s appreciation for the restaurant underscores

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December 11, 2025 No Comments
Business meeting at Janney Montgomery Scott's Charlotte office
Business News

Janney Montgomery Scott Expands in Charlotte with New Advisors

Charlotte, North Carolina, December 11, 2025 Janney Montgomery Scott LLC has welcomed seasoned financial professionals Albert Grenert and Michael Smith to its Charlotte office, enhancing the firm’s advisory capabilities. Together, they manage nearly $500 million in client assets and their addition highlights Janney’s commitment to growth in vibrant markets. Alongside them, Tonya McMahon will serve as Branch Operations Assistant. Janney is also planning to relocate its Charlotte office to Rock Hill,

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December 11, 2025 No Comments
Interior of The Wafflery restaurant in West Charlotte
Business News

The Wafflery Expands with New Location in West Charlotte

Charlotte, NC, December 11, 2025 The Wafflery is set to open a new location in West Charlotte, enhancing its reach with customizable comfort food options. The restaurant specializes in waffles, biscuits, and grits, and features a full bar. This expansion follows the closure of Mattie’s Diner, allowing the brand to focus on growth. The new site will operate from December, offering popular dishes including Fiery Chicken Biscuit and Crab Cake Benedict,

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December 11, 2025 No Comments
Outdoor dining at Mac's Speed Shop in Raleigh's Five Points with a dog-friendly patio
Community

Mac’s Speed Shop Expands into Raleigh’s Five Points

Raleigh, December 11, 2025 Mac’s Speed Shop, the renowned barbecue chain from Charlotte, has opened its ninth location in Raleigh’s Five Points neighborhood, offering local residents a taste of beloved North Carolina barbecue. The new restaurant features a diverse menu that includes pulled pork and St. Louis-style ribs, complemented by a welcoming atmosphere with a dog-friendly patio and live music. This expansion signifies the brand’s growth and its commitment to community

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December 11, 2025 No Comments
Empty Latin restaurant tables in Charlotte, reflecting current struggles.
Community

Latin Restaurants in Charlotte NC Struggle Amid Border Raids

Charlotte, North Carolina, December 11, 2025 Latin restaurants in Charlotte, NC are facing a significant decline in customers due to ongoing Border Patrol operations in the area. Local owners report heightened anxiety among their employees, which compounds the decline in patronage. Initiatives like ‘Fuerza Del Este’ are being implemented to support these struggling businesses and encourage community engagement. The situation emphasizes the resilience of local eateries while shedding light on broader

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December 11, 2025 No Comments
A busy Charlotte transit station with light rail train and passengers.
Community

Charlotte City Council Approves Major Transit Marketing Contract

Charlotte, North Carolina, December 11, 2025 The Charlotte City Council has approved a $3.4 million contract with the Sherry Matthews Group to enhance the public image of the city’s transit system. This decision follows serious safety concerns after a recent stabbing on the Blue Line light rail. The council aims to promote the Charlotte Area Transit System (CATS) services while increasing ridership, but public response has criticized the investment in marketing

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December 11, 2025 No Comments
Film crew working on location in North Carolina
Cinema

North Carolina Film Industry Thrives with New Grant Initiatives

Charlotte, North Carolina, December 11, 2025 North Carolina’s film industry is set for transformation as new funding initiatives boost job creation and economic growth. Recent approvals for the North Carolina Film and Entertainment Grant Program will support seven productions, generating over 3,800 jobs and an economic impact of more than $131.6 million. The program exemplifies collaboration between local legislators and the film office, fostering community involvement and highlighting local talent. North

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December 11, 2025 No Comments
Festive scene in Charlotte during the holiday season with people enjoying various events.
Community

Charlotte’s Festive Weekend: Top Events to Enjoy

Charlotte, NC, December 11, 2025 This December, Charlotte, North Carolina, is brimming with festive events that invite locals and visitors to celebrate the season. From community races to holiday festivals, the weekend from December 12 to 14 offers diverse activities that highlight the community spirit. Notable events such as the Channel the Holidays 5K, Merry Midtown, and the Belmont Bavarian Holiday Fest are perfect for families and friends to come together

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December 11, 2025 No Comments

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