The Department of Energy revealed details about 35 clean energy projects totaling $1.93 billion in funding across 20 states, including North Carolina. Siemens will receive more than $18 million in tax credits to expand its transformer manufacturing facility in Charlotte, adding nearly 500 new jobs. “We look globally to decide where to make these factories
The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute of Technology, and its CEO, Austen Allred, alleging that they deceived students about the real cost of loans and made false claims about the hiring rates of the bootcamp’s graduates. The order permanently bans BloomTech from all consumer-lending activities; bans Allred
SALT LAKE CITY — Congress in 2021 passed a $1 trillion infrastructure package that included $14.2 billion in funding for the Affordable Connectivity Program which helped connect millions of Americans to high-speed internet. Now the program is at risk of losing funding after April unless it receives additional backing from Congress, according to a statement
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The total student debt in the United States, which is around $1.7 trillion and growing, is being fueled in part by borrowers who left college before earning a degree or credential and can’t afford to repay their student loans, according to a new report. The report, released today by the Higher Education Advisory Group and the
Estimated read time: 4-5 minutes LOS ANGELES — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans. The National Association of Realtors said
As humanities programs face continued cuts and public skepticism of their value, a small Pennsylvania liberal arts college is setting itself apart by investing and creating more opportunities for its humanities majors. Lycoming College, in Williamsport, recently opened an on-campus research center, established an annual undergraduate humanities research conference and launched a related journal to
The corner of Chatham and Academy in Cary, North Carolina. Courtesy of Town of Cary North Carolina terminated four economic incentive agreements Tuesday, including a 2021 grant for the national mortgage lender PennyMac Financial Services to create 322 jobs in Cary. In a Dec. 19 letter to the North Carolina Department of Commerce, PennyMac executive