SC Budget and Finance

AESC Pauses $1.6 Billion Battery Factory Construction

News Summary AESC has halted the construction of its $1.6 billion battery factory in Florence County, South Carolina, due to…

2 days ago

Historic Textile Mill Transformed into Affordable Apartments

News Summary A historic textile mill in Bessemer City has been redeveloped into 139 affordable apartments as part of a…

1 week ago

South Carolina’s Labor Participation Rate Remains Stagnant

News Summary South Carolina's labor participation rate stands at 57.5%, only marginally above its all-time low. Despite claims of economic…

2 weeks ago

University of South Carolina Retains Top MBA Ranking

News Summary The University of South Carolina (USC) has achieved the top ranking for its International MBA program for the…

3 weeks ago

Charleston’s Liquor Liability Insurance Crisis

News Summary Local businesses in Charleston, SC are struggling with soaring liquor liability insurance rates, prompting state lawmakers to propose…

1 month ago

Michelin Celebrates 50 Years in South Carolina

News Summary Michelin North America marks a significant milestone as it celebrates its 50th anniversary in South Carolina and 35…

2 months ago

Saginaw Dermatopathologist Struggles with Financial Troubles

News Summary Dr. David L. Stockman, a dermatopathologist in Saginaw, Michigan, faces legal and financial challenges, including court judgments and…

2 months ago

Pallidus Inc. Faces Major Layoffs and Expansion Cancellations

News Summary Pallidus Inc., a semiconductor startup in Albany, has laid off 37 employees, marking a 44% reduction in its…

3 months ago

Raleigh Named Best-Performing Large City in the U.S.

News Summary Raleigh, North Carolina has climbed to the top as the best-performing large city in the U.S., according to…

4 months ago

Historic Dissolution of Seibels Bruce & Co. After 155 Years

News Summary Seibels Bruce & Company, one of the oldest insurance companies in the South, officially dissolved on December 30,…

5 months ago