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economy

State Rep. Bruce Bannister, chair of his chamber’s Ways and Means Committee, speaks at a news conference on tax cuts Tuesday in Columbia. (Associated Press)
Mar 26, 2025

Legislators tout sub-4% flat tax plan

COLUMBIA — The constant push to cut income taxes in South Carolina accelerated significantly Tuesday as the Republican governor and leaders of the House and Senate came together to promise […]

Following a recent decision in a South Carolina redistricting case, the U.S. Supreme Court returned a similar case from Arkansas to the Court of Appeals. (Associated Press file)
May 17, 2024

SCOTUS ruling on CFPB funding sparks conservative ire

WASHINGTON — The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau. The justices ruled 7-2 that the way the CFPB is […]

Nov 17, 2014

Grand Strand job growth among fastest in nation

MYRTLE BEACH (AP) — The rate of job growth along South Carolina‘s Grand Strand has been one of the fastest in the nation during recent months. The Sun News of […]

May 2, 2014

US economy’s spring thaw could boost April hiring

WASHINGTON (AP) — Signs that the U.S. economy is emerging from a deep winter freeze have raised hopes that hiring accelerated in April. Economists are mostly bullish. They forecast that […]

Oct 11, 2013

As economy rebounds, so does divorce

In 2009, family law practitioners were worried. The phones were quiet and new clients were walking through the door with less frequency. The Great Recession was so bad, couples were […]

Dec 23, 2010

Lower-scale and loving it

With the chill of recession still lingering in the air, South Carolina law firms might not be ready to party quite as hard for the holidays as they did before the economy turned cold. But they're happy to donate to charity, and several large firms are doing so while continuing the 2009 trend of greater frugality when it comes to parties. What's more, they like it that way.

Dec 2, 2010

Better IOLTA rates boost Bar Foundation revenue

Buoyed by a midyear change in a state rule governing IOLTA interest rates, the S.C. Bar Foundation is enjoying the first uptick it's seen in IOLTA revenue since 2008. "We're seeing more revenues than we had last year, but in this low-interest-rate environment, it's certainly not the amount of revenues that we saw several years ago," said Shannon W. Scruggs (pictured), executive director of the fou[...]

Nov 24, 2010

With market still in the tank, real estate lawyers diversify

For many of South Carolina's real estate attorneys, the most recent housing and foreclosure reports probably won't boost their holiday spirits. Home sales plummeted nearly 26 percent statewide in October compared to a year ago, according to a report by S.C. Realtors. "I've been doing this for 17 years, and this is the worst I've seen this," attorney Trey Harrell (pictured), founding member of t[...]


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