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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.

Interior of a closed restaurant in SouthPark, Charlotte
Business News

SouthPark Restaurant Closes After Seven Years of Operation

Charlotte, NC, December 2, 2025 A popular restaurant in SouthPark, Charlotte, has closed its doors after seven years due to challenging economic conditions. The closure reflects broader struggles in the hospitality industry, where rising food and labor costs are impacting operations. With recent shutdowns in the area, this situation underscores the urgency for local businesses to adapt to changing market dynamics. The restaurant management expressed gratitude towards their staff and patrons

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Exterior of a North Carolina credit union facing operational challenges.
Business News

Credit Union in North Carolina Faces Operational Hurdles

Charlotte, North Carolina, December 1, 2025 A $4 billion credit union in North Carolina is facing rising member complaints, operational expenses, and financial losses. Issues include credit reporting errors and high operational costs, impacting the institution’s stability. The National Credit Union Administration is monitoring the situation, emphasizing the need for improved governance and risk management to support credit unions and maintain member trust. Credit Union in North Carolina Faces Operational Hurdles

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Charlotte NC skyline indicating strategic business moves
Business News

Charlotte Companies Announce Strategic Divestitures

Charlotte, NC, December 1, 2025 In a significant move towards operational efficiency, two major public companies in Charlotte have announced plans to divest non-core assets. Company A, a leading financial services firm, is streamlining operations while Company B, a manufacturing leader, is selling underperforming divisions. Both companies aim to enhance shareholder value as they adapt to market dynamics and stagnant growth. The anticipated sales will allow them to focus resources on

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A family shopping for holiday gifts with a budget in hand.
Business News

Smart Strategies for Spending Wisely This Holiday Season

Charlotte, NC, November 29, 2025 As the holiday season approaches, individuals are looking for effective strategies to manage spending and avoid financial strain. Experts recommend creating a realistic budget, sticking to a gift list, shopping smartly, and tracking expenses. Alternative gifts and careful meal planning are also advised to keep costs down. By following these tips, consumers can enjoy a festive season without overspending and maintain financial stability. Smart Strategies for

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Shopping in Charlotte during the holiday season, highlighting the struggle with holiday debt.
Business News

Charlotte Residents Struggle with Post-Holiday Debt

Charlotte, NC, November 27, 2025 As the holiday season approaches, many residents in Charlotte continue to face financial challenges stemming from debt accumulated during last Christmas. Financial experts express concern that this ongoing debt burden may have a negative impact on local consumer spending, potentially affecting the city’s economy as a whole. Analysts emphasize the necessity for better financial planning and budgeting to prevent recurring debt issues for future holidays. Charlotte

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Consumers shopping during the holiday season with a focus on safety and security against scams.
Business News

Stay Scam-Safe this Holiday Season: Black Friday and Cyber Monday Tips

Charlotte NC, November 27, 2025 As Black Friday and Cyber Monday approach, consumers in Charlotte, NC are urged by the Better Business Bureau (BBB) to be vigilant against rising scams. With the increase in online shopping, fraudsters are creating fake websites to prey on unsuspecting shoppers. Advice includes shopping from reputable retailers, being cautious of unbelievable deals, and using secure payment methods. In-store shoppers are also reminded to remain alert and

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Innovation in Technology at Truist Financial
Business News

Truist Financial Appoints Lo Li as Chief Technology Officer

Charlotte, NC, November 27, 2025 Truist Financial Corporation has named Lo Li as the new Chief Divisional Technology, Data, and Operations Officer for Consumer and Small Business Banking, effective December 1, 2025. This appointment aims to enhance the organization’s commitment to innovation and technological advancements within the banking sector. Li, who previously worked at Capital One, is expected to drive digital transformation efforts that improve operational efficiency and customer engagement, aligning

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Paymentus showcasing innovative technology at investor conferences
Business News

Paymentus to Participate in Investor Conferences This December

Charlotte, N.C., November 26, 2025 Paymentus Holdings, Inc. is set to engage with investors at two key conferences this December, showcasing its innovative bill payment technologies. CEO Dushyant Sharma and CFO Sanjay Kalra will lead discussions to share insights into the company’s growth strategies and technological advancements. The company emphasizes its commitment to transparency and investor relations, highlighting its role in a robust North Carolina economy amidst evolving challenges. The events

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Children participating in sports activities promoting community engagement
Business News

Bank of America Partners with David Beckham to Promote Sports

Charlotte, NC, November 26, 2025 Bank of America has formed a multi-year partnership with Sir David Beckham to enhance community engagement through sports initiatives. Beckham will be the ambassador for the ‘Sports with Us’ program, which aims to inspire youth and support notable events like the FIFA World Cup 2026™, Boston Marathon, and Masters Tournament. This collaboration reflects the bank’s commitment to enriching community welfare and promoting access to sports for

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Conference attendees discussing private equity strategies
Business News

Brenton Bersin Shares Private Equity Insights at Charlotte Conference

Charlotte, North Carolina, November 26, 2025 Brenton Bersin, a former wide receiver for the Carolina Panthers, recently presented at a private equity conference in Charlotte, discussing his investment strategies and the transition from sports to finance. His insights emphasized the importance of strategic investments and operational enhancements, illustrating how his athletic background informs his investment approach. The conference highlighted Charlotte’s growing reputation as a private equity hub, fostering entrepreneurial spirit and

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