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The Fed anticipated fewer rate cuts in 2024 and added an additional rate reduction in 2025. The funds rate at the end of that year is a little different. (Photo/DepositPhotos)
Jun 18, 2024

Uptick in inflation rate changes the Fed’s outlook

This past week we learned that Fed officials expect one or perhaps two rate reductions by yearend, followed by an additional four rate cuts in 2025.

Darla Moore grew up on a Lake City farm to become one of the most sigfnificant players in banking and one of the state's best known philanthropists.
Jun 14, 2024

Business leader and philanthropist Darla Moore joins team to celebrate America’s 250th

Ambassador Circle will work to amplify efforts of events leading up to America’s observance of nation’s independence …

the new Cedar Street location is completed. (Rendering/Rush Dixon Architects)
Jun 10, 2024

Summerville bank begins construction of new office

The company will continue offering commercial banking services from their ...

College of Charleston officials designed the program to fit into the busy schedule of working professionals. (Photo/College of Charleston)
Jun 10, 2024

College of Charleston offers accelerated Executive MBA

The College of Charleston is introducing an accelerated Executive MBA program tailored for working professionals seeking to ... will operate out of a new office at 804 Meeting St. in Charleston will give the company and staff more room to operate and grow. (Photo/Colliers)
Jun 7, 2024

Colliers secures new downtown Charleston offices for business loan company

The deal involved finding a new tenant for’s previous offices on King Street and finding enough space for a growing …

USC President Michael Amiridis, Alex Molinaroli, Molinaroli’s wife Kristin Ihle Molinaroli, College of Engineering and Computing Dean Hossein Haj-Hariri, and Board of Trustees Chair Thad Westbrook unveil a sample of the signage that will adorn the Molinaroli College of Engineering and Computing. (Photo/University of South Carolina)
Jun 6, 2024

$30M alumnus gift means new name for engineering college at the University of South Carolina

The official name, the University of South Carolina Molinaroli College of Engineering and Computing, was announced on Thursday during a signage unveiling ceremony

From pickled vegetables with roots in Haiti to wood pellets made from pecan shells and coffee grounds, the diverse agribusiness culture in South Carolina includes innovations in traditional vegetable farming and roadside stands. (Photo/DepositPhotos)
May 31, 2024

South Carolina entrepreneurs awarded $200,000 for agribusiness innovations

From pickled vegetables with roots in Haiti to wood pellets made from pecan shells and coffee grounds, the diverse agribusiness culture in …

Beaufort Station, at the intersection of Highway 170 and Robert Smalls Parkway, will have nine tenants in more than 200,000 square feet of retail space. (Photo/The Morgan Cos.)
May 29, 2024

TJ Maxx, HomeGoods among first tenants to open at Beaufort retail center

TJ Maxx and HomeGoods will open for business May 30 at Beaufort Station, a new center developed by ...

Developers say the 82,622-square-foot shopping center is expected to draw traffic from the Charleston area. (Rendering/CBRE)
May 22, 2024

$31M loan secured to build Publix-anchored shopping center near Charleston

A real estate services company has secured a $30.9 million loan for the developer of a Publix-anchored shopping center in …

Poogan’s Southern Kitchen offered classic Southern fare such as chicken and waffles and shrimp and grits. (Photo/Poogan’s Southern Kitchen)
May 16, 2024

Charleston-based restaurant closing Columbia location after 2 years

The restaurant opened in August 2022 in 6,600 square feet in the Cardinal Crossing Community …

TTS Studios recently moved to a new space at 2130 N. Hobson Ave. in the Navy Yard Industrial Campus. (Photo/Gordon Keiter)
May 8, 2024

North Charleston creator for New York theater to expand operations

The firm is adding 14 new jobs to keep up with demand for its technical design and fabrication for …

Technology developed by Oncoblaze is designed to deliver therapy precisely to cancer cells that remain after surgery. (Photo/DepositPhotos)
May 7, 2024

SCRA accepts new members and awards grants to companies around South Carolina

The South Carolina Research Authority welcomes new members and puts funding behind some of the life science efforts of others …