RICHLANDS, N.C. (WITN) – State representatives and Onslow County officials announced a $29 million investment from the newly adopted state budget to expand the runway at Albert J. Ellis Airport. The extension will allow larger planes to use the airport. A runway that can accommodate larger aircraft means more opportunities for the county. “This is...Read More
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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Britain’s economy will grow slower this year and next year than previously hoped, as ongoing supply chain disruption and rising prices drag back growth. So warns the EY Item Club this morning, as it predicts that...Read More
There’s a global shortage of a key material which could impact everything from construction to consumer goods, yet a stockpile worth $US5m sits untouched. China used to be the top producer of aluminium, a material that has grown in popularity as it’s seen as a way to help tackle environmental problems, yet the country’s supply...Read More
It’s just over a year away but preparations are underway for Super Bowl LVII. The game will be played on Feb. 12, 2023 in Glendale and it’s likely that the fourth Super Bowl played in Arizona will give the Valley economy a big boost. According to an economic impact study done by the W.P Carey...Read More
As city officials dig into the five competing proposals for a new Chicago casino, they will walk into a squall of numbers and promises. The cost estimates for each mega-complex range from $1.3 billion to $2 billion. Most foresee hundreds of hotel rooms, and some tantalize decision-makers with talk of advance payments to city coffers...Read More
What I think they mean is that the increases will slow down; but why should they? OPEC is now back in charge of fuel prices. Higher wages will force every business that has not yet raised prices to raise theirs. Inflation has already forced a rise in Social Security (however, not enough to match inflation)....Read More
The White House on Friday pressed the Opec producer group again to maintain adequate global supply, days after US discussions with some of the world’s biggest economies over potentially releasing oil from strategic reserves to quell high energy prices. The Biden administration has asked a wide range of countries, including China for the first time,...Read More
The Ghana cedi has depreciated by 2.6% in almost 11 months of this year, heading towards a record performance, data from the Bank of Ghana has revealed. This is compared with 1.7% depreciation in the first 7-months of 2021. The Central Bank pegged the rate of the cedi to the dollar at ¢5.91, though it...Read More
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