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Home>By STAN CHOE AP Business Writer

By STAN CHOE AP Business Writer

Recent Articles from By STAN CHOE AP Business Writer

A Wall Street sign hangs near to the New York Stock Exchange, Wednesday, June 18, 2025, in New York. (AP Photo/Yuki Iwamura)
Money June 26, 2025

US stocks climb to the brink of a record

  NEW YORK (AP) — The U.S. stock market ran up to the edge of another record on Thursday. The S&P 500 climbed 0.8% and is sitting just 0.05% below its all-time closing high, which was set in February. It briefly topped the mark during the afternoon in the latest milestone for the index at […]

US stocks hang near their record as Wall Street takes a breath following two big days
Money June 25, 2025

US stocks hang near their record as Wall Street takes a breath following two big days

NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil. The S&P 500 was 0.2% higher in early trading and sitting just 0.7% below its all-time high. […]

US stocks drift in a quiet return from the Juneteenth holiday
Money June 20, 2025

US stocks drift in a quiet return from the Juneteenth holiday

U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The S&P 500 was up 0.4% in early trading and adding to its modest gain for the week. The Dow Jones Industrial Average was up 162 points, or 0.4%, as of 9:35 am. Eastern time, and the Nasdaq composite was 0.6% […]

Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates
Money June 18, 2025

Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates

NEW YORK (AP) — U.S. stocks are rising on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates. The S&P 500 was 0.5% higher in morning trading. The Dow Jones Industrial Average was up 244 points, or 0.6%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.6% higher. […]

US stocks drift lower as oil prices return to rising
Money June 17, 2025

US stocks drift lower as oil prices return to rising

NEW YORK (AP) — U.S. stock indexes are drifting lower on Tuesday, while oil prices rise again. The S&P 500 was down 0.3% in midday trading following signals that one of the U.S. economy’s main engines, spending by households, is weakening while Israel’s conflict with Iran may be worsening. The Dow Jones Industrial Average dipped by 39 points, or […]

Wall Street is recovering from Friday’s shock with US stocks up and oil prices down
Money June 16, 2025

Wall Street is recovering from Friday’s shock with US stocks up and oil prices down

  NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week. The S&P 500 was 0.7% higher in early trading and […]

Wall Street drifts as Oracle rallies and Boeing sags
Money June 12, 2025

Wall Street drifts as Oracle rallies and Boeing sags

NEW YORK (AP) — U.S. stock indexes are drifting on Thursday following another encouraging update on inflation. The S&P 500 was 0.2% higher in midday trading and sitting less than 2% below its record. The Dow Jones Industrial Average was down 18 points, or less than 0.1%, as of 11 a.m. Eastern time, and the […]

Wall Street drifts closer to its record ahead of Friday’s jobs report
Money June 5, 2025

Wall Street drifts closer to its record ahead of Friday’s jobs report

U.S. stocks edged higher after Trump said trade talks with China will resume, signaling easing tensions. Markets await key jobs report Friday.

Wall Street rises as most financial markets worldwide hold steady
Money June 3, 2025

Wall Street rises as most financial markets worldwide hold steady

U.S. stock futures dip ahead of jobs data; Constellation Energy jumps 14% on Meta nuclear power deal amid AI-driven energy demand.

US stocks dip as tariffs and oil prices shake markets
Money June 2, 2025

US stocks dip as tariffs and oil prices shake markets

US stocks drift as steel tariffs weigh on automakers, while steel and oil stocks jump, with the S&P 500 down 0.1% and Dow dropping 218 points.

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Top Stories

An L3Harris Technologies employee at work at the company's Orange County site. Photo courtesy L3Harris Technologies

L3Harris plans $1.27B expansion in Orange, creating 350 jobs

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The Virginia Poultry Growers Cooperative plans to grow its operation, investing $113.9 million and a[...]

Mount Crawford, VA. - Excited shoppers pour through the door of the first Buc-ee's to open in Virginia on Monday, June 30, 2025, at 6 a.m. (Photo by Norm Shafer)

Virginia Business photographer wins Best in Show

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On Feb. 28, 2025, Virginia Tech President Tim Sands speaks at the grand opening ceremony for the Innovation Campus' Academic Building One. (Photo by Luke Hayes/Virginia Tech)

Kaine questions Virginia Tech president’s exit

Sen. Tim Kaine questions if Virginia Tech President Tim Sands was pushed out before Gov. Spanberger [...]

Virginia Tech President Tim Sands. Photo by Kristina Rose. Photo courtesy Virginia Tech

Virginia Tech President Tim Sands to step down

Virginia Tech President Tim Sands announced Thursday that he intends to step down in the coming mont[...]

A Lumber Liquidators truck. The flooring retailer is in the final stages of relocating its headquarters and distribution operations from the Richmond region to Tennessee. Photo courtesy Lumber Liquidators

Lumber Liquidators moving HQ, warehousing out of Virginia

Lumber Liquidators is relocating its headquarters and distribution operations from Henrico County to[...]

People

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AeroVironment promotes executive to CFO

13/4/2026

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

AeroVironment has appointed Raytheon executive Robert Smith as executive vice president and chief operating officer. Photo courtesy AeroVironment

AeroVironment appoints new COO

10/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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