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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

Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)
Around The Nation April 23, 2025

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed

U.S. stocks rose as Trump eased pressure on the Fed and hinted at lower China tariffs, boosting tech shares and calming markets after sharp swings.

Wall Street sign in lower Manhattan New York, USA
Money April 22, 2025

Wall Street rallies to recover some of its sharp losses as the dollar and US bond market steady

NEW YORK (AP) — U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump‘s trade war and his attacks on the head of the Federal Reserve. The S&P 500 was 2% higher in morning trading and on track to […]

Trader Sal Suarino works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)
Top Stories April 21, 2025

The Dow sinks nearly 1,000 points

NEW YORK (AP) — Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order. The S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below […]

People work on the floor at the New York Stock Exchange in New York, Wednesday, March 19, 2025. (AP Photo/Seth Wenig)
Around The Nation April 21, 2025

US stocks sink with the US dollar’s value as investors retreat further from the United States

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are tumbling Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump‘s trade war and his criticism of the Federal Reserve, which are shaking the traditional order. The S&P 500 sank 3.4% in another wipeout. […]

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Money April 17, 2025

Wall Street is mixed after UnitedHealth’s worst drop in decades offsets gains for most US stocks

NEW YORK (AP) — Wall Street is drifting between gains and losses Thursday as UnitedHealth Group’s stock plunges toward its worst drop in more than a quarter century, while most of the rest of the U.S. stock market ticks higher. The S&P 500 was up 0.4% in its final day of trading in a holiday-shortened week. The […]

New York Stock Exchange facade on Wall Street. PHOTO: ADOBESTOCK
Money April 16, 2025

US stocks tumble as Nvidia slides and the fog of Trump’s trade war thickens

NEW YORK (AP) — U.S. stocks are tumbling Wednesday after Nvidia warned new U.S. restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they or the economy will do this year. The S&P 500 was 3% lower in late trading, an […]

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil
Money April 15, 2025

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil

NEW YORK (AP) — U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight […]

Wall Street sign in lower Manhattan New York, USA
Money April 14, 2025

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now

NEW YORK (AP) — Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 was 0.5% higher in midday trading, though trading is still shaky, and it gave back most of its bigger, early gain […]

US stocks climb in shaky trading but the US dollar and government bonds sink as trade-war fears rise
Around The Nation April 11, 2025

US stocks climb in shaky trading but the US dollar and government bonds sink as trade-war fears rise

NEW YORK (AP) — U.S. stocks are climbing in shaky trading Friday as President Donald Trump‘s trade war with China escalates further and U.S. households get more worried about it. Gold’s price is rising, the U.S. dollar’s value is falling and other financial markets are also swinging in indications of fear about where the U.S. economy will ultimately fit in the worldR[...]

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Around The Nation April 10, 2025

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

NEW YORK (AP) — U.S. stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump‘s trade war continues to threaten the economy. The S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.5% following Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 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

L3Harris Technologies announced a $1.27 billion expansion of its rocket motor production operations [...]

Talking turkey: Va. is nation’s sixth largest producer

Virginia poultry co-op to add 146 jobs, invest $113M

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

Virginia Business won nine awards in the Virginia Press Association‘s 2025 News & Advertising [...]

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

HCA Healthcare is promoting Dr. Jennifer Bocker to division chief medical officer for its Capital Division, effective May 1, 2026. Photo courtesy HCA Healthcare

HCA taps chief medical officer for Capital Division

16/4/2026

Default Alt Text

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

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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