Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

BRUSSELS (AP) — European Union leaders Friday played down the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the energy crunch tied to Russia’s war in Ukraine. After a meeting ...

Tagged with: banks

Meme stocks jumped Wednesday after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter, its first quarterly profit in two years. Rather than a per-share loss of 16 cents ...

Tagged with: stocks

NEW YORK (AP) — Stocks are rallying Thursday to recover almost all of their steep loss from a day before, when markets tumbled into the close. The S&P 500 was 1.5% higher in midday trading. The Dow Jones Industrial Average ...

Tagged with: stocks

By PAUL WISEMAN and HANNAH FINGERHUT Associated Press  WASHINGTON (AP) — Only 10% of U.S. adults say they have high confidence in the nation’s banks and other financial institutions, a new poll finds. That’s down from the 22% who said ...

Tagged with: banks

The largest manufacturer and marketer of cellulose insulation in North America, Applegate • Greenfiber, is going to market as Greenfiber® Creators of SANCTUARY, reflecting their commitment to providing a more comfortable, quieter, and greener future.  The new branding is a key step ...

Tagged with: cellulose

Home prices nationally should bottom out in 2023 then return to a more normal growth rate, according to a Zillow® survey of housing experts.    Economists and housing experts polled in the latest Zillow Home Price Expectation (ZHPE) survey expect home ...

Tagged with: home prices

National Land Realty, the nation’s fastest-growing real estate land brokerage company—specializing in farm, ranch, country homes, timber, recreational, and commercial development properties—today released its 3rd annual land real estate agent and broker survey. Among the key findings are that while 2022 ...

Tagged with: Rural Land Value

Total construction spending decreased by 0.1 percent in January, as declines in single-family homebuilding and public construction offset marginal gains from private nonresidential construction, according to an analysis by the Associated General Contractors of America today of new federal data. ...

Tagged with: construction

WASHINGTON (AP) — Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeopardize financial stability. Yellen, ...

Tagged with: Federal Reserve chair Janet Yellen

WASHINGTON (AP) — It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many ...

Tagged with: banking