The Obama administration rolled out revisions to a program last month designed to prevent some homeowners from going into foreclosure. But many question the Home Affordable Refinance Program’s effectiveness and say that it’s too narrow and limited to make an impact on the housing market. Others go so far as to say it could do [...]
North Carolina’s economy expanded by only 1 percent last year and will continue to have a sluggish recovery from the recession through 2012, University of North Carolina at Charlotte economist John Connaughton said today in his latest quarterly economic forecast. “Overall, the North Carolina economy suffered through a modest recovery at best during 2010,” he said. “While [...]
Bruce Stewart was expecting more. When the NASCAR Hall of Fame opened nearly a year ago, he thought business at his diner, Lola’s, would hit the gas pedal. After all, Lola’s, on South Brevard Street, is across the street from the hall, so if anyone’s business should have benefited from the attraction over the past [...]