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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.

Courtroom scene of the NASCAR antitrust trial
Business News

NASCAR Antitrust Trial Set to Begin in Charlotte

Charlotte, North Carolina, November 26, 2025 A crucial antitrust trial involving NASCAR, 23XI Racing, and Front Row Motorsports will start on December 1, reflecting potential changes in NASCAR’s revenue distribution and business practices. The trial follows allegations of monopolistic practices related to charter agreements, with implications for the entire racing ecosystem and local economic impact in Charlotte. Stakeholders are closely monitoring the case, as its outcomes could redefine the financial dynamics

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Aerial view of manufactured housing communities
Business News

Flagship Communities REIT Expands with $79 Million Acquisition

Charlotte, NC, November 25, 2025 Flagship Communities REIT, based in Charlotte, has enhanced its portfolio by acquiring four manufactured housing communities in Indiana and Ohio for $79 million. The notable acquisition includes a $45 million community in Seymour, Indiana, primarily funded through new debt. These strategic purchases are expected to immediately boost the REIT’s adjusted funds from operations (AFFO) and bolster operational efficiencies as the firm continues to capitalize on market

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North Carolina skyline showcasing growth and job creation.
Business News

North Carolina Attracts Over 3,400 Jobs and $1.8 Billion in Investments

North Carolina, November 24, 2025 North Carolina has recently secured commitments from companies leading to the creation of more than 3,400 new jobs and $1.8 billion in investments over just 48 hours. Major investments from firms like Vulcan Elements Inc. and Novartis signal a positive economic landscape, enhancing the state’s appeal for private investment and workforce development. North Carolina Secures Over 3,400 Jobs and $1.8 Billion in Investments Bold Economic Growth

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Vibrant business environments showcasing small enterprises in the Southeast
Business News

U.S. Bank Expands Business Banking in the Southeast

Charlotte, NC, November 24, 2025 U.S. Bank is enhancing its business banking operations in the Southeast, particularly in states without branches such as Alabama, Florida, Georgia, Louisiana, Mississippi, and South Carolina. The bank plans to hire over a dozen bankers in the upcoming months, focusing on serving small businesses. Their business banking segment has shown significant growth, contributing 32% of the bank’s total revenue. U.S. Bank has also doubled its SBA

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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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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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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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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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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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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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