Economy

The 'Old Well' UNC-Chapel HIll
Caroline Culler / Wikipedia

The state’s higher education institutions had a $63.5 billion impact on the state’s economy in the 2012-13 fiscal year, according to a new study. 

Higher education leaders say the report shows that the North Carolina’s institutions of higher education are providing a strong return on investment for students and taxpayers.

It notes that taxpayers invested $4.3 billion to support higher education in 2012-13, and received a $17 billion return.

Dan Ariely / Duke Photography

Dan Ariely works in contradictions. He studies behavioral economics and points out that humans are logical but irrational beings.

How do we assign monetary value to a thought or an idea? How do we decide when a lie is more valuable than the truth? Are we really in control of the decisions we make on a daily basis?

At the crossroads of psychology and economics, Ariely has made it his life’s work to study the idea that some of our best intentions can lead to our most irrational behavior.

Sharing economy illustration
North Carolina General Assembly

North Carolina lawmakers are taking their first look at how to regulate networks of individuals who buy and sell services between each other, a billion-dollar global industry that already operates in dozens of cities across the state.

One of the peer-to-peer economy’s biggest exponents, Airbnb, accounts for about 2,700 residential rental listings across North Carolina, and drivers who pick up passengers with their personal cars using the application Uber operate in ten cities here.

We've written a lot about how income has changed (or not) for the rich, middle class and poor in the U.S. We've written much less about what the rich, middle class and poor actually do for work.

To remedy that, we made this graph. It shows the 10 most popular jobs in each income bracket. Click on each job to see where it appears in different income brackets.

Showhomes, Home Staging
Eric Mennel / WUNC

About a year ago, Cora Blinsman’s mom passed away. Needless to say, it was a really hard on her. She started taking stock of her own life. Cora had been a full-time, stay-at-home mom for 20 years, and she was feeling burnt out. She needed space. So … she got a lot of it.

Soccer Ball Image
Flickr/Sonny Abesamis

    

As the 2014 World Cup draws to a close, all eyes are on Brazil. Historical data shows the effects of this tournament may go far beyond the walls of the stadium.

A picture of High Point Market.
High Point Market Authority

The state Department of Cultural Resources has installed a North Carolina Highway Historical Marker at High Point Market.

Gov. Pat McCrory is scheduled to attend the unveiling ceremony there today.

The original market building was constructed in 1921 with 249,000 square feet of show space. Now the market offers 11.5 million square feet, and contributes more than $5 billion dollars to the state economy every year.

Photo: A rig and gas well operation on the Marcellus Shale in Scott Township, Pennsylvania.
WCN247 via Flickr

North Carolina lawmakers are beginning to look at how they would tax the shale gas drilling companies for extracting gas from the ground in the state.

Members of the legislative commission that handles laws on energy heard Tuesday afternoon about how states that allow fracking charge companies for removing gas from the ground.

President Barack Obama talks about the importance of raising the minimum wage.
Official White House Photo by Chuck Kennedy

President Barack Obama signed an executive order last week to raise the minimum wage for federal contract workers to $10.10 per hour. He is pushing for Congress to pass a bill that will do the same for all Americans. 

Gov. Pat McCrory stands at a podium and speaks to the Emerging Issues Forum on Monday.
Dave DeWitt

After ongoing controversy about educator pay, Governor Pat McCrory announced a plan to increase salaries for new teachers yesterday. Under this plan, the base pay for the state’s beginning teachers will increase to $35,000 over the next two years, bringing North Carolina starting teacher pay in line with that of border states like Virginia, Tennessee and South Carolina.

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