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US117 South
Goldsboro , NC 27530
 
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(919) 734-3025
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2401 East Ash Street
Goldsboro , NC 27534
 
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(919) 736-7625
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1206 North Berkeley Boulevard Suite D
Goldsboro , NC 27534
 
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1008 East Ash Street
Goldsboro , NC 27530
 
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Jump in manufacturing, tight labor markets show U.S. economic health: Fed

A guard walks in front of a Federal Reserve image before press conference in WashingtonA pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions. Manufacturers in "most" of the Federal Reserve System's 12 regions reported increased sales, the Fed reported in the document, a collection of anecdotal information from businesses assembled before each Fed meeting.



Credit Suisse finalizes $5.3 billion mortgage deal with U.S.

Logo of Swiss bank Credit Suisse is seen below the Swiss national flag at a building in the Federal Square in BernBy Karen Freifeld NEW YORK (Reuters) - Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis. As part of the settlement, announced by the U.S. Department of Justice on Wednesday, the Zurich-based bank acknowledged that home loans it pooled into the securities did not meet underwriting guidelines, with some described by employees as "complete crap" and "[u]tter complete garbage." "The bank concedes that it knew it was peddling investments that were likely to fail," Principal Associate Attorney General Bill Baer said in a statement announcing the deal. Credit Suisse will pay a $2.48 billion cash penalty and provide $2.8 billion in consumer relief, including loan forgiveness and financing for affordable housing, the Justice Department said in the statement.



Regional troops move toward Gambia amid political standoff

People board the ferry leaving Banjul, Gambia, Wednesday Jan. 18, 2017. Special flights were being organized Wednesday to evacuate British and other tourists from Gambia, where the threat of a regional military intervention loomed as President Yahya Jammeh's mandate expires on Thursday after he lost elections in December. On Tuesday, he declared a state of emergency before he is supposed to cede power to President-elect Adama Barrow. (AP Photo)DAKAR, Senegal (AP) ? Gambia headed late Wednesday toward a midnight showdown between a president who refuses to leave office and a president-elect who insists he will take power, while a regional force moved toward the country's borders in a threat to intervene.



The Latest: Obama defends Manning commutation

President Barack Obama speaks during his final presidential news conference, Wednesday, Jan. 18, 2017, in the briefing room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)WASHINGTON (AP) ? The Latest on President Barack Obama (all times EST):



Budget pick Mulvaney acknowledges payroll tax lapse

Budget pick Mulvaney acknowledges payroll tax lapseRep. Mick Mulvaney, President-elect Donald Trump's choice to run the White House budget office, failed to pay more than $15,000 in payroll taxes for a household worker more than a decade ago, prompting ...



Army plans Dakota Access oil pipeline environmental study

Army plans Dakota Access oil pipeline environmental studyThe Army has started the process of launching a full environmental study of the $3.8 billion Dakota Access pipeline's disputed crossing of the Missouri River in North Dakota, though a federal judge could ...



GOP prescription of minority outreach forgotten with Trump

FILE - In this Aug. 1, 2016, file photo, then-Republican presidential candidate Donald Trump speaks during a town hall event in Columbus, Ohio. On the eve of Donald Trump?s inauguration four years later, the authors of the Republican National Committee?s 2013 ?Growth and Opportunity Project? concede their report is little more than an afterthought. (AP Photo/Evan Vucci, File)WASHINGTON (AP) ? Together, they delivered a post-election autopsy with a dire prediction: Republican survival requires embracing a message of tolerance and respect in an increasingly diverse United States.



Former President George H.W. Bush, wife Barbara hospitalized

FILE - In this April 2, 2016, file photo, former President George H. W. Bush waves as he arrives at NRG Stadium before the NCAA Final Four tournament college basketball semifinal game between Villanova and Oklahoma in Houston. Houston-area media are quoting former President George H.W. Bush's chief of staff as saying that Bush has been hospitalized in Houston. (AP Photo/David J. Phillip, File)HOUSTON (AP) ? Former President George H.W. Bush was admitted to an intensive care unit on Wednesday, and his wife, Barbara, was hospitalized as a precaution, according to his spokesman.



Quake nightmare returns to haunt Italy

An Italian soldier takes part in an operation to clear snow from a street in Arigno, near Montereale, after fresh earthquakes on January 18, 2017Italy was hit by four earthquakes in four hours Wednesday, bringing terror to snowbound mountain areas still recovering from last year's series of deadly tremors. The quakes, all measuring more than five magnitude, struck close to Amatrice, the mountain town devastated by an August earthquake that left nearly 300 people dead. A mother and child dragged from the ruins of a collapsed country cottage near Teramo in the Abruzzo region were both found to be suffering from hypothermia.



US economy continues to expand, optimism about 2017 growth: Fed survey

"Firms across the country and industries were said to be optimistic about growth in 2017," the Fed's Beige Book survey of the economy saidThe US economy continues to expand and is now seeing tight labor markets and rising price pressures, as businesses nationwide have an upbeat outlook for 2017, the Federal Reserve said Wednesday. "Firms across the country and industries were said to be optimistic about growth in 2017," the Fed's Beige Book survey of the economy said. Most of the 12 Fed districts reported tighter labor markets, including increasing wages or trouble filling open positions, while price pressures have "intensified" since the last survey in November.