Entrepreneurs begin and build businesses, some of which propel a few of them to great wealth.
You loan me $10.
I pay you back $9.
That’s a negative interest rate.
You may have noticed that mortgage rates are hovering just above 3 percent. A local bank touted a 2 percent-plus rate on a time deposit in this paper recently. Interest rates on money market funds are near zero.
Could someone please tell me why some writers of letters to the editor assume all Democrats are staunchly behind every idea any Democratic candidate for president proposes? And why they then go on to vigorously insult the intellect, common sense and even the faith of all Democrats based on this…
I’d ask Democrats, if they can, to try getting their heads around presidential candidate U.S. Sen. Elizabeth Warren’s health care plan that will cost $40 trillion over a 10-year period.
Every time you are certain there is no bottom left to hit for the liberal media, it finds another way to sink even lower.
A recent column, "Billionaires help have nots get what haves have," champions billionaires who give back.
When we recently encouraged Elizabeth City and Pasquotank County officials to spend taxpayer funds helping YMCA at the Pines fund its operations for next year, we did so believing proceeds from the two governments’ share of occupancy tax revenues could be used for the $50,000 the nonprofit…