Banking & Finance

Oct 14, 2021

Capital gains tax: What impact could Biden administration's proposed changes make?

A proposal to increase the capital gains tax has many taxpayers asking how it will affect them.The proposed increase in capital gains tax would raise the tax from 20 percent to the highest of 39.6 percent, affecting the wealthiest taxpayers on gains ...

Oct 14, 2021

Crypto cautious: Banks take wait-and-see approach with cryptocurrency

Stopping at the Circle K for gas? You might be tempted to grab a couple of hot dogs and a Coke. And, oh yeah, don’t forget the Bitcoin.  Bitcoin Depot, a cryptocurrency network, recently entered a deal to place their ATMs in Circle K conven ...

Oct 1, 2021

Financial planner invests in downtown Fayetteville

Debbie Best (photo provided by Edward Jones)The Cool Spring Downtown District welcomes the newest Edward Jones location to the district. The second downtown Edward Jones location is operated by Debbie Best, Certified Financial Planner and is loc ...

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Thomas Kelsey
Transworld Business Advisors of Fayetteville

Military transition planning to business ownership

Posted Aug 20, 2021
In modern times, military members have numerous resources when they start transitioning out of the military. A large number of those resources focus on business ownership. I have experienced firsthand that most of those resources are limited until yo
  ...read entire article
Aug 17, 2021

Cross Creek Mall shows positive signs after filing for bankruptcy

Fayetteville's Cross Creek Mall officials said the mall has seen some indication that may allow it bounce back after its Chapter 13 bankruptcy reorganization. (Photo provided by Cross Creek Mall.) After filing for Chapter 13 bankruptcy in Novemb ...

Jul 13, 2021

TRP Sumner building new office off of Robeson Street

TRP Sumner expects that the construction will be completed by Thanksgiving.  (Illustration provided by TRP Sumner.) TRP Sumner is constructing a new building off of Robeson Street. Much of the need for a new office space stemmed from a ...

Jun 2, 2021

First Bancorp acquires Select Bancorp Inc.

First Bancorp announced the acquisition of Select Bancorp Tuesday. Bill Hedgepeth First Bancorp is the parent company of First Bank and Select Bancorp is the parent company of Select Bank and Trust Company, which has the leading community b ...

Jun 1, 2021

Bragg Mutual opens branch inside Cape Fear Valley Medical Center

Bragg Mutual President and CEO Steve Foley, left, and Cape Fear Valley Health CEO Michael Nagowski cut the ribbon to officially open the new credit union branch inside Cape Fear Valley Medical Center on March 21.  More than 300 residents ea ...

May 13, 2021

United Bankshares Inc. conducts annual meeting of shareholders

United Bankshares Inc., a $27 billion regional financial services company and headquartered in Washington, D.C. virtually conducted its Annual Meeting of Shareholders May 12.United Chairman of the Board and Chief Executive Officer Richard M. Adams po ...


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INSIGHTS

SPONSORS' CONTENT
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Military transition planning to business ownership

Thomas Kelsey - Owner, Transworld Business Advisors of Fayetteville
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Top 10 Places to Visit and Do Business in the Town of Hope Mills

Casey Ferris - Board President, The Hope Mills Chamber of Commerce
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FTCC’s High School Connections program expands offerings to younger students

Alicia Banks - Digital Content and Social Media Specialist, Fayetteville Technical Community College

In The Current Issue

Work hard, play hard: Fayetteville goes extra mile to attract sporting events

FACVB is constantly on the lookout for interesting sporting events and competitions to bring to the region.  Photo provided by FACVB.In basketball, they call it a “sixth man.” Fayetteville’s Ray Floyd and Charlotte's Davis Love III loved playing


Legacy Pediatrics expands to Spring Lake

Legacy Pediatrics opened its Spring Lake location, pictured with staff on the right, on September 13.Leaving a legacy is a fundamental part of what drives Ana Hodges and what inspired the name of her pediatric clinic. Legacy Pediatrics opened its sec


Capital gains tax: What impact could Biden administration's proposed changes make?

A proposal to increase the capital gains tax has many taxpayers asking how it will affect them.The proposed increase in capital gains tax would raise the tax from 20 percent to the highest of 39.6 percent, affecting the wealthiest taxpayers on gains