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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.

Atlantic Group's new office in Charlotte showing a modern architecture and vibrant city life.
Business News

Atlantic Group Expands with New Office in Charlotte

News Summary Atlantic Group, an executive search firm, has opened a new office in Charlotte, NC, led by Lauren Sawyer. This expansion aims to connect local talent with businesses in need of recruitment services, capitalizing on Charlotte’s robust financial services sector and economic growth. Charlotte, NC – Atlantic Group, a prominent executive search firm, has officially opened a new office in Charlotte, North Carolina, on June 25, 2025. This expansion

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June 25, 2025 No Comments
Helicopters installing Wells Fargo letters on a tower in Charlotte
Business News

Wells Fargo Unveils New Signage in Charlotte

News Summary Wells Fargo has marked a significant milestone by installing 14-foot letters on its tower in Charlotte. The installation, which utilized helicopters, enhances the city’s skyline and reinforces Wells Fargo’s presence. Despite previous delays, the project received approval from local authorities and was executed safely, temporarily closing nearby streets. The bank’s investment in the city reflects its dedication to community growth and employment, with plans for further enhancements to

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June 16, 2025 No Comments
Modern office building at One South Tower in Charlotte
Business News

Trimont Expands Office Space in Uptown Charlotte

News Summary Trimont, a leading commercial mortgage servicer, has signed a significant office lease at One South Tower in Uptown Charlotte. The new 67,935 square foot space will accommodate around 300 employees and marks the largest lease for the Class A building, raising occupancy over 75%. This expansion follows Trimont’s acquisition of a servicing department from Wells Fargo and comes as the company adapts to shifts in the commercial mortgage

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June 13, 2025 No Comments
Exterior of 110 East office tower in Charlotte, North Carolina
Business News

Coinbase Expands Office Presence in Charlotte

News Summary Coinbase has signed a lease for 58,600 square feet at the 110 East office tower in Charlotte, marking a significant expansion. The move focuses on compliance and customer support roles, creating over 130 new jobs in the area. This shift contributes to a positive trend in the local office market, as the 110 East building continues to attract tenants amid a rising office vacancy rate. Charlotte, North Carolina

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June 6, 2025 No Comments
Multifamily housing community with amenities
Business News

Ascent Housing Acquires Woodford Estates for $30.2 Million

News Summary Ascent Housing has completed the acquisition of Woodford Estates, a 228-unit multifamily community in Charlotte, for $30.2 million. This significant investment translates to about $141,228 per unit. The acquisition is backed by three permanent loans totaling $25.9 million from Newmark, and Dasmen Residential will continue overseeing the property management. With this addition, Ascent Housing aims to strengthen its presence in Charlotte’s housing market despite current challenges in local

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June 6, 2025 No Comments
Collage of Charlotte skyline and corporate headquarters
Business News

Seven Charlotte Area Companies Make Fortune 500 List

News Summary The 2025 Fortune 500 list includes seven companies from the Charlotte area, down from eight last year. Bank of America leads North Carolina at 17th place, while Lowe’s falls to 52nd. Several companies reported revenue changes, including significant declines for Truist Financial and Nucor Steel. The total number of Fortune 500 employees is 31 million, reflecting a diverse corporate landscape. Notably, there is a record number of women

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June 3, 2025 No Comments
Exterior view of Daimler Truck Financial Services headquarters in Charlotte, NC
Automotive

Daimler Truck Financial Services USA Establishes Headquarters in Charlotte

News Summary Daimler Truck Financial Services USA has chosen Charlotte, North Carolina, as its new headquarters, creating 276 jobs and investing over $7.8 million. The decision, endorsed by Governor Josh Stein, will move operations from Michigan and Texas to a new 60,000-square-foot facility in Ballantyne. With an average salary significantly above the county average, the initiative is expected to enhance the North Carolina economy with a $1.08 billion contribution over

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May 28, 2025 No Comments
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

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