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Finance & Economy

(Photo/DepositPhotos)
Jun 5, 2026

War takes its toll but relief is in sight

Economic prospects for the U.S. and global markets remain closely tied to developments in the conflict.

HCA Healthcare is building a $15 million freestanding emergency room in Cane Bay, expanding emergency care access for rapidly growing Lowcountry communities. (Image/HCA Healthcare)
Jun 5, 2026

HCA Healthcare breaks ground on Cane Bay freestanding ER

HCA Healthcare is investing $15 million in a new Cane Bay freestanding emergency room to expand 24/7 emergency care in Berkeley County.

Lillie’s of Charleston’s original recipes were inspired by the flavors of a family restaurant. (Photo/Andrew Cebulka)
Jun 3, 2026

South Carolina small businesses drive jobs, growth

South Carolina small businesses account for 99% of firms statewide, fueling job growth while navigating health care, capital and cost challenges.

SC Ports is expanding ro-ro operations at the North Charleston Terminal to support growing cargo demand and rail connectivity. (Photo/Matthew Peacock)
May 26, 2026

SC Ports begins construction on North Charleston ro-ro operations

SC Ports is expanding ro-ro operations at the North Charleston Terminal with a new facility expected to open in 2027.

Bittermilk’s new facility will be 12,000 square feet and is expected to be online this summer. (Photo/Cameron Wilder)
May 22, 2026

Charleston-based Bittermilk announces $8.2M investment in Ravenel facility

Bittermilk is investing $8.2 million in a new Ravenel facility, creating 12 jobs and expanding its Charleston County operations.

Nathan Simms Jr. has been named CEO of the Charleston Housing Authority, overseeing housing operations and future development efforts. (Photo/DepositPhotos)
May 6, 2026

Charleston Housing Authority appoints new CEO

The Charleston Housing Authority appointed Nathan Frank Simms Jr. as CEO, following 20 years of experience. He assumes the role on May 4, succeeding Arthur Milligan Jr.

MUSC has partnered with Revival Healthcare Capital to accelerate development and evaluation of new medical technologies. (Photo/MUSC)
May 5, 2026

MUSC partners with Revival Healthcare Capital

MUSC partners with Revival Healthcare Capital to accelerate medical device develop-ment, clinical evaluation and innovation in patient care.

Jared Hellman and Andrew Hare started Old Duck after first pursuing separate careers elsewhere. (Photo/Old Duck)
May 4, 2026

Odd Duck growth reflects momentum in state’s startup ecosystem

Odd Duck, a Charleston-based startup, is expanding to three Lowcountry locations, highlighting South Carolina’s growing small business and startup ecosystem.

Ascenda Capital has acquired the 232-unit Bryant at Summerville, marking its first investment in the Charleston-area multifamily market. (Photo/Ascenda Capital)
Apr 27, 2026

Ascenda Capital buys Summerville apartments for $51.5M

Ascenda Capital acquires Bryant at Summerville for $51.5M, expanding into the Charleston market with a 232-unit community focused on workforce housing.

Markets rebound and economic indicators hold steady as Trump’s ceasefire signals shape outlook on growth and stability. (Photo/DepositPhotos)
Apr 23, 2026

Resilience in uncertain times: the US economy holds

Trump’s Iran ceasefire signals uncertainty, but strong GDP trends, low unemployment and a resilient U.S. economy keep markets near record highs.

Officials break ground on the $87 million MUSC Health Nexton Medical Pavilion, expanding access to care in Berkeley County. (Rendering/McMillan Pazdan Smith)
Apr 22, 2026

MUSC Health breaks ground on third Nexton medical center

MUSC Health begins construction on an $87M Nexton Medical Pavilion in Berkeley County, expanding care as Summerville and Moncks Corner populations grow.

South Carolina is seeking public input on Opportunity Zone designations to drive investment and job growth in underserved communities. (Photo/Ross Norton)
Apr 15, 2026

Gov. McMaster calls for statewide input on Opportunity Zone nominations

South Carolina seeks public input on Opportunity Zone census tracts, offering tax incentives to spur investment and job growth in underserved areas.