Economy

News about the broader economy

UPDATE: QVC files for bankruptcy protection

QVC Group Inc., owner of cable television shopping channels QVC and HSN, will file for Chapter 11 bankruptcy protection, according to a Thursday statement. The company — with its headquarters in West Chester, PA — said it has entered into a restructuring support agreement with holders representing a majority of its outstanding debt. QVC said the plan will reduce debt and strengthen its financial position.

Transportation and logistics

State requests input on Opportunity Zone designations

The SC Commerce Department seeks input on eligible census tracts to be designated Opportunity Zones, according to statement Wednesday.

Economic Development

Economist: After rocky 2025, soybean outlook strong, but clouded by tariffs

Last year, SC soybean farmers had been dealt a one-two punch in the form of the closure of the only soybean processing plant in the state and China’s boycott of US agriculture.

Transportation and logistics

Forecast: US vehicle sales steady despite global uncertainty

Cox Automotive sees US new-vehicles sales for Q1 unchanged year over year in its automotive forecast released Wednesday.

Economy

SC exports hit 7-year high in 2025, lead US in vehicles, tires

SC export sales reached $38.5 billion in 2025 according to a joint statement from the SC Commerce Department, SC Ports Authority and Gov. Henry McMaster on Monday. That figure represents a 1.5% increase for the year and is the greatest it’s been in seven years, according to a US Commerce Department report.

Manufacturing

Economy

UPDATE: QVC files for bankruptcy protection

State requests input on Opportunity Zone designations

Economist: After rocky 2025, soybean outlook strong, but clouded by tariffs

Forecast: US vehicle sales steady despite global uncertainty

SC exports hit 7-year high in 2025, lead US in vehicles, tires

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