Feds Finally Cut $179 Million Check For Western NC Storm Rebuild
FEMA has cleared another major package — roughly $179M in public‑assistance and $18M in mitigation grants — to accelerate Helene recovery across western North Carolina.
Duke Dumps N.C. Offshore Wind, Redirects $129 Million To Grid Fixes
Duke Energy will relinquish the Carolina Long Bay offshore wind lease and redeploy about $129 million into generation and grid upgrades across the Carolinas. The move pauses a major coastal project and shifts planning inland.
NC Firefighters In Fight Of Their Lives Over ‘Forever Chemicals’ In Station Water
Lawmakers' draft budget includes millions for PFAS testing and mitigation around fire stations, funding tests, temporary water and gear‑cleaning pilots to protect firefighters.
Tar Heel Delegation Threatens To Sink $88B Trump War Fund Without Helene Relief
Sen. Ted Budd and several North Carolina lawmakers say they may block the White House’s $87.6B supplemental unless Congress adds new Helene recovery money. Gov. Josh Stein has asked for roughly $10–$10.2B to finish rebuilding western North Carolina.
Raleigh Jobless Aid Meltdown: Audit Uncovers $47M In Fraud And Long Payment Delays
Two state audits found $47.2 million in fraudulent unemployment overpayments and a 22% improper‑payment rate; auditors say only a fraction has been recovered and reforms are underway.
BofA Sounds 3-Hike Fed Alarm As Washington And Charlotte Brace For Pain
Bank of America now forecasts three 25‑bp Fed hikes in 2026 as job growth stays firm. Markets and mortgage borrowers could feel the squeeze if the call proves prescient.












