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Finance

Stay informed with the latest updates and insights in the Charlotte NC finance sector. This category page delivers comprehensive news coverage on various financial topics, including local market trends, investment opportunities, and economic developments that directly impact Charlotte residents and businesses. Discover expert analyses on housing markets, stocks, and economic forecasts that are pertinent to Charlotte NC, ensuring you have the information needed to make informed financial decisions. Whether you are a resident, investor, or business owner, our finance news section offers a wealth of resources tailored to the dynamic economic landscape of Charlotte.

Explore in-depth articles on banking, lending, and personal finance management specific to the Charlotte NC area. Our dedicated team of financial journalists keeps you updated on local financial institutions, industry regulations, and helpful tips to improve your financial literacy. Stay ahead of the curve with coverage on community events, financial workshops, and networking opportunities that connect you with financial experts and resources. Whether you are interested in startup financing or retirement planning, our Charlotte NC finance news category encompasses the essential information you need to thrive financially in one of the Southeast’s most vibrant cities.

Abstract depiction of financial market loss
Business News

Brighthouse Financial Reports Significant First Quarter Loss

News Summary Brighthouse Financial Inc. faced a $268 million loss in the first quarter, significantly underperforming Wall Street expectations. This translated to a $5.04 loss per share, raising concerns among analysts and investors despite a notable stock price increase earlier in the year. The company’s revenues also fell short, leading to discussions about its strategic direction amidst challenging market conditions. Charlotte, North Carolina – Brighthouse Financial Inc. reported a significant

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May 9, 2025 No Comments
Enpro Inc financial growth report
Business News

Enpro Inc. Reports Strong Q1 Financial Results

News Summary Enpro Inc. has released impressive financial results for the first quarter of 2025, showing a net income of $24.5 million and adjusted earnings of $1.90 per share. The company’s revenue totaled $273.2 million, and it has declared a quarterly dividend of $0.31 per share. Enpro forecasts an optimistic full-year earnings forecast between $7.00 and $7.70 per share. This robust performance highlights the company’s strong position in the industrial

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May 7, 2025 No Comments
Coca-Cola Consolidated beverage production facility
Business News

Coca-Cola Consolidated Reports Strong Q1 2025 Results

News Summary Coca-Cola Consolidated, Inc. from Charlotte, NC, announced its Q1 2025 financial results with a net income of $103.6 million and earnings per share at $11.87. The company’s total revenue reached $1.58 billion, reflecting positive growth driven by strategic initiatives and customer engagement. The detailed report underlines Coca-Cola Consolidated’s effective navigation of industry challenges, showcasing its profitability and operational efficiency. Looking ahead, the company is poised for continued growth

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May 1, 2025 No Comments
Storefront of a tech repair business named ReConnex
Business News

Charlotte Startup Labs Launches Tech Repair Business

News Summary Charlotte Startup Labs is celebrating pivotal staff promotions alongside the launch of ReConnex, a new tech repair business designed to empower justice-impacted individuals. With a mission to provide affordable tech repair services, ReConnex aims to create learning and job opportunities within local communities. This initiative represents a significant step towards enhancing entrepreneurship and workforce development in the area. Exciting Developments for Charlotte’s Tech Scene and Justice-Impacted Community Charlotte

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April 28, 2025 No Comments
Aerial view of Charlotte's skyline with economic activity
Business News

Charlotte’s Economy Faces Uncertainty Amid Tax Changes

News Summary As April 2025 unfolds, Charlotte is experiencing economic uncertainty with recession warnings hovering over the city, despite a strong employment rate of 4.2%. Consumer inflation expectations have doubled, sparking anxiety even as Charlotte shows resilience in job growth. Noteworthy trends include an influx of residents from high-cost areas and an extension on tax deadlines to September 25 due to Hurricane Helene. Community updates show mixed results, including a

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April 21, 2025 No Comments
Illustration of the North Carolina rental market highlighting housing affordability.
Business News

Settlement Reached in North Carolina’s Rental Pricing Controversy

News Summary Cortland Management has reached a settlement with North Carolina’s Attorney General over allegations of using software to inflate rent prices. The company will cease using RealPage’s software and contribute $100,000 towards consumer education, although it did not admit wrongdoing. Renters express concern over rising prices as the rental market becomes increasingly competitive, exacerbating affordability issues for many. This case may lead to more significant regulatory changes to protect

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April 17, 2025 No Comments
Auto dealership in Charlotte with various cars on display
Automotive

Charlotte Auto Dealers Brace for Price Hikes Amid New Import Tariffs

News Summary Auto dealers in Charlotte, NC, are gearing up for significant price increases on vehicles due to new tariffs on imports. A 10% blanket tariff and a 25% tariff specifically on automobiles are now in effect, causing concerns among local dealerships about financial stability and customer affordability. With the potential for soaring vehicle prices, both new and used market trends are shifting, making it crucial for buyers to act

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April 10, 2025 No Comments
Community members engaging in homeownership initiatives in Charlotte.
Business News

Charlotte’s Hope for Homeownership: A Local Investor’s Mission

News Summary Nasar El-Arabi, a real estate investor in Charlotte, aims to empower the local Black community through homeownership. Since 2008, he has focused on revitalizing underserved neighborhoods and providing educational resources to overcome barriers to homeownership. With rising prices and income challenges, El-Arabi’s mission highlights the significance of owning a home for financial stability and community influence, sparking conversations about integration and inclusivity in Charlotte. Charlotte’s Hope for Homeownership:

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April 10, 2025 No Comments
Cityscape of Charlotte, North Carolina with corporate buildings
Business News

Charlotte’s Fortune 500 Companies Navigate Turbulent Tariff Times

News Summary The announcement of extensive tariffs by President Trump sent Charlotte’s Fortune 500 companies into a state of volatility. While some companies like Sonic Automotive and LPL Financial saw gains amidst the chaos, major banks faced significant losses. The market, feeling the strain of trade policy shifts, experienced steep declines. As more tariffs loom on the horizon, the business landscape in Charlotte remains precarious. Charlotte’s Fortune 500 Faces Rollercoaster

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April 10, 2025 No Comments
New homes in a Charlotte neighborhood
Business News

Charlotte Housing Market Experiences Notable Shifts

News Summary The Charlotte housing market is currently facing significant changes as homes take longer to sell and sales have dropped by 5.1% compared to last year. Rising inventory and high interest rates are major factors influencing these trends. While this presents challenges for sellers, experts suggest it may be an opportune moment for buyers, who might find attractive deals in a slower market. As the market evolves, patience and

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March 30, 2025 No Comments

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