Economy
In an effort to celebrate Black History Month, Progress NC is highlighting prominent Black leaders from North Carolina, who have shaped our state through their contributions to arts, sciences, politics, etc. In the early 1900’s, Black-owned businesses in Durham, North Carolina can be traced back to the efforts of two African-American entrepreneurs:Charles Spaulding and John…
Read MoreLast Wednesday, the North Carolina General Assembly officially began its two-year session, with COVID-19 relief spending, a two-year state budget, school spending and redistricting among the top agenda items this year. Prior to the NCGA’s adjournment, the Republican-led legislature failed to address long standing unmet needs for struggling North Carolinians. According to the state’s latest…
Read More
Both federal and state unemployment, protections against evictions and other key stimulus programs are set to expire in the coming weeks. Without the new aid, millions of Americans are at risk as the pandemic worsens. After months of failed negotiations, the House and Senate have resumed stimulus amid the impending housing and economic crisis, yet…
Read More
New Year’s Eve marks the end of the Centers for Disease Control and Prevention’s (CDC) national eviction moratorium. The expiration of the eviction moratorium would result in millions of Americans losing their homes as COVID-19 cases continue to surge. According to the Aspen Institute, nearly 40 million Americans could face eviction over the next several…
Read More
Last Thursday, the Senate adjourned until September 8, without reaching a deal for the next round of coronavirus relief legislation. The lack of a deal leaves millions of Americans in financial peril, as the $600 per week federal unemployment benefit, the nationwide moratorium on evictions and the window to apply for Paycheck Protection Program small…
Read More
On Saturday, Trump signed three memoranda and one executive order at his exclusive New Jersey golf resort, ahead of any stimulus bill agreement between the House and Senate. In an attempt to appear to come to the nation’s rescue, Trump’s measures would provide $300 per week in federal unemployment assistance with another $100 a week…
Read More
Another round of coronavirus relief package talks began today, as Congress adjourned for the weekend without coming to any deal on the program or a larger emergency stimulus package. The $600 weekly unemployment benefit that helped 32 million Americans stay afloat, officially ended on Friday — leaving unemployed Americans in limbo while Congress continues to…
Read More
As Congress debates how to shape the next phase of coronavirus relief, the extra $600 federal unemployment benefits that were legislated through the CARES Act have now expired for millions across the country. The last payment rolled out this past weekend, as the House and Senate are considering different economic stimulus packages. Instead of extending…
Read More
Numerous moratorium on evictions across the nation, including in North Carolina, are set to end in the coming days. According to a Census Bureau survey, almost 24 million Americans say that they don’t expect to be able to make their next monthly rent or mortgage payment, as the blockage of utility charges and the eviction…
Read More
The General Assembly adjourned on Saturday, with lawmakers coming back into session on Sept. 2. In its most recent legislative session, Republican lawmakers did not set aside politics on many issues, but rather ignored public health officials and sought to force the reopening of the state. During an unprecedented moment, the demands of the wealthy…
Read More