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Charlotte's Leading Local News: Weather, Traffic, Sports and more | Charlotte, North Carolina | WCNC.com
Government
Government Shutdown 2023: What’s open and closed?
Government
Every federal worker impacted by the shutdown will get paid eventually
Do members of Congress and the president get paid during a shutdown? Do furloughed federal workers get back pay? VERIFY answers your top questions.
National
No, United Auto Workers are not paid $75 an hour
We VERIFY how much the Big Three car companies actually pay their workers, who recently went on strike.
National
No, UAW workers are not paid $75 an hour
Auto workers on strike are demanding 40% raises from Ford, GM, and Chrysler (Stellantis). But they don’t make $75/hour, like some claim.
Money
No, the U.S. government isn’t planning to recall the dollar
The U.S. government isn’t planning to recall cash and replace it with a digital dollar, as people online claim. Here’s what we can VERIFY about a CBDC and FedNow.
Money
Bank of America customers don’t need to do anything to get refunded for illegal fees
The Consumer Financial Protection Bureau said BofA must pay back non-sufficient fund fees – similar to overdraft fees – that the bank illegally charged.
Student Loans
Yes, the average forgiven PPP loan is far more than $20,000 student loan relief
Posts online claimed the average forgiven PPP loan is much higher than $20K available in student loan forgiveness. That’s true – the difference is more than $50K.
Money
No, workers aren’t eligible for up to $26,000 through the Employee Retention Credit
The ERC is a tax credit for businesses. It doesn’t provide up to $26,000 to people who worked through the COVID pandemic.
Money
No, taxpayer money is not being used to cover deposits at SVB
Silicon Valley Bank failed on March 10. The U.S. government announced all of the bank’s depositors would be made whole, and no taxpayers would have to foot the bill.
Business
Yes, teens can be paid less than the federal minimum wage
Under federal law, employers are allowed to pay workers under the age of 20 less than the federal minimum wage during the first 90 days after initial employment.
Money
Claim that people with good credit will pay more for mortgages needs context
People online have claimed that a new mortgage fee structure will penalize people with good credit. Here’s what we can VERIFY.
Government
GOP debt ceiling plan doesn’t specifically cut VA budget
Speaker McCarthy’s proposal to lift the debt ceiling comes with budget cuts, though whether it’d affect military veterans is unclear.
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