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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.

Inside an American Signature Furniture store during Chapter 11 bankruptcy sale
Business News

American Signature Files for Chapter 11 Bankruptcy: Impact on Home Furnishings

Columbus, Ohio, November 24, 2025 American Signature, Inc., parent company of Value City Furniture, has filed for Chapter 11 bankruptcy. This strategic move includes a court-supervised sale process while ensuring many stores remain operational. The company will close select locations, particularly in Nashville and metro Atlanta, but continues to fulfill online orders and honor customer warranties. Stakeholders are encouraged to support the company during this transition, which highlights the ongoing challenges

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November 24, 2025 No Comments
A spacious and modern self-storage facility with diverse unit options.
Business News

Harrison Street and Morningstar Properties Acquire Self-Storage Portfolio

Chicago, October 16, 2025 News Summary Harrison Street Asset Management and Morningstar Properties have formed a joint venture to acquire a significant portfolio of 21 self-storage properties across seven states. The portfolio spans over 10,800 storage units and covers more than 1.3 million square feet, with a strong occupancy rate of 90%. The partnership reflects growing demand in the self-storage market, evidenced by a 21% year-over-year increase in move-ins for 2025.

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October 16, 2025 No Comments
Collage showing the impact of rising utility costs in Charlotte, NC
Business News

Rising Utility Costs Strain Charlotte Families Amid Legislative Changes

Charlotte, North Carolina, October 12, 2025 News Summary Charlotte, North Carolina, faces increasing financial strain on families due to rising utility costs after the North Carolina legislature passed Senate Bill 266 (S266). This allows utility companies to transfer costs to residents, leading to electric bill increases of 8% to 11%. The expansion of large data centers further compounds the issue, raising concerns for working-class families. Additionally, the community mourns the closure

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October 12, 2025 No Comments
Interior of Huntington National Bank SouthPark branch with customers engaging with bankers.
Business News

Huntington National Bank Expands to Charlotte with New Branch

Charlotte, NC, September 18, 2025 News Summary Huntington National Bank has officially opened its first branch in North Carolina, located in Charlotte’s SouthPark area. This branch is part of a major expansion plan involving 55 new branches across the Carolinas by 2025. The bank aims to enhance customer service through modern digital experiences while committing to community investments, including education and small businesses. The new location also marks a significant increase

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September 18, 2025 No Comments
Residential homes in the Charlotte metro area showcasing diverse architecture.
Business News

Charlotte Metro Area Home Prices Surge Amid National Affordability Crisis

Charlotte, NC, September 12, 2025 News Summary The Charlotte metro area is witnessing a significant rise in home prices, with the median value reaching approximately $382,377. Despite national affordability challenges, luxury homes continue to show strong appreciation, even as mortgage rates climb to 6.58%. A detailed analysis of local market trends reveals fluctuations in prices, but the overall trajectory remains upward, creating both challenges and opportunities for potential buyers and investors.

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September 12, 2025 No Comments
Image of a courtroom setting with a gavel and legal documents
Business News

North Carolina Supreme Court Upholds Tax Ruling Against Philip Morris

Raleigh, North Carolina, August 28, 2025 News Summary The North Carolina Supreme Court has affirmed that administrative courts cannot challenge state tax laws, confirming a tax liability of approximately $344,994 for Philip Morris arising from franchise tax disputes from 2012 to 2014. This pivotal ruling clarifies that only state courts can address constitutional challenges to tax laws, impacting taxation practices in North Carolina. Raleigh, North Carolina – The North Carolina Supreme

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August 28, 2025 No Comments
Rendering of new affordable townhomes in Charlotte
Business News

Newell Presbyterian Church to Sell Land for Affordable Housing

Charlotte, NC, August 19, 2025 News Summary Newell Presbyterian Church in Charlotte is selling a 4.5-acre parcel of land to a nonprofit developer for the construction of 50 affordable townhomes. This initiative aims to address financial challenges and the growing need for affordable housing in the area. The church, which has experienced declining attendance, hopes to foster community and support working-class families through this partnership with DreamKey Partners. The sale is

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August 19, 2025 No Comments
Coffee shop with coffee beans and cups in Charlotte
Business News

Proposed Tariffs on Brazilian Coffee Imports Cause Concern in Charlotte

Charlotte NC, August 2, 2025 News Summary Ryan Sanderson, owner of Knowledge Perk Coffee Company in Charlotte, faces a challenging future as proposed tariffs on Brazilian coffee imports could rise from 10% to 50%. Set to take effect in 2025, this increase threatens local coffee businesses by escalating costs, which might ultimately lead to higher prices for consumers. With Brazil supplying 37% of coffee globally, the ramifications on pricing and sourcing

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August 2, 2025 No Comments
A view of residential properties in Charlotte, NC
Business News

Current Trends in Charlotte Real Estate Market

Charlotte, July 22, 2025 News Summary The Charlotte metro area real estate market shows mixed trends as home values decline slightly amid rising supply. With the typical home value at $386,866, a 1.3% decrease over the past year, buyers have more options, affecting overall affordability. Some areas have seen robust growth, while predictions suggest a nationwide decline could occur. Key trends indicate significant property value variances across cities within the region,

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July 22, 2025 No Comments
Aerial view of Charlotte, North Carolina depicting homes and city skyline
Business News

Charlotte Surpasses National Median Home Prices

Charlotte, NC, July 22, 2025 News Summary Charlotte’s real estate market has reached a pivotal moment, with average home prices now exceeding the national median for the first time since the pandemic began. As of March 2025, the average home price in Charlotte is $385,000, reflecting a 2.7% increase from the prior year. Despite rising mortgage rates affecting affordability, Charlotte’s housing market remains resilient with strong demand. Future predictions indicate a

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July 22, 2025 No Comments

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