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Finance & Economy

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.

Containers move through the Port of Charleston, a key driver of South Carolina’s $38 billion export economy and one of the top 10 U.S. container ports. (Photo/SC Ports/English Hurteau)
Mar 2, 2026

Punching above its weight: SC’s $38B trade engine

South Carolina exports hit $38 billion in 2024, ranking No. 17 nationally, fueled by manufacturing, Charleston Port logistics and workforce growth.

For the past 22 years. Scott Woods, as president and CEO of South Carolina Federal Credit Union, has guided growth from $800 million to $2.5 billion statewide. (Photo/South Carolina Federal Credit Union)
Feb 27, 2026

Scott Woods’ lifelong journey with SC Federal

Scott Woods marks 22 years as president and CEO of South Carolina Federal Credit Union, leading growth from $800 million to $2.5 billion.

Horse Spot, a North Charleston-based equestrian software startup, received a $200,000 investment from SC Launch Inc., an affiliate of South Carolina Research Authority. (Photo/DepositPhotos)
Feb 26, 2026

North Charleston equestrian tech startup receives $200,000 investment

SC Launch Inc., an affiliate of South Carolina Research Authority, invests $200,000 in North Charleston-based Horse Spot, an equestrian software startup.

The 152-unit Liva Travelers Rest multifamily community is planned for 208 Tubbs Mountain Road near downtown Travelers Rest. (Photo/S3 Capital)
Feb 23, 2026

S3 Capital funds Travelers Rest apartments

S3 Capital closed a $29.75M construction loan for Liva Travelers Rest, a 152-unit multifamily project near Greenville.