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DOE awards $1.8B contract to LLC to manage Jefferson Lab
The U.S. Department of Energy has awarded a new contract to operate the Thomas Jefferson National Accelerator Facility.
More data centers equal more electricity demand
Virginia's data centers, the largest concentration globally, are causing a surge in electricity demand, challenging Dominion Energy's supply capabilities.
US collected $166B under IEEPA duties, customs agency says
The U.S. Customs and Border Protection collected about $166 billion in duties under emergency tariffs imposed by President Trump, later struck down by the Supreme Court.
US stocks close up on Iran diplomacy hopes; tech leads rebound
US stocks closed higher as Iran showed openness to talks and tech shares led gains, easing fears of Middle East conflict impact on markets and oil prices.
US tariff lawsuits returned to trade court to determine next steps
The U.S. Court of Appeals sent lawsuits on Trump-era tariffs back to the Court of International Trade to decide refund procedures for importers.
Virginia’s shift to Dems could draw federal cuts
Virginia is under new management, with Gov. Abigail Spanberger taking office Jan. 17. In a speech two days later to the General Assembly, she spoke about returning Virginia to its top spot in CNBC’s “Top States for Business” rankings, after the commonwealth fell to No. 4 in 2025. However, many of the economic challenges impacting […]
Northern Virginia focuses on strengths amid federal cuts
Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace, AI, and data centers across Alexandria, Arlington, Fairfax, Loudoun, and Prince William.
Virginia universities faced federal probes over DEI in 2025
Virginia public universities, including UVA and George Mason, faced federal investigations in 2025 over diversity, equity, and inclusion initiatives amid political pressure.
Virginia health systems face $26B in federal cuts
Virginia health systems confront $26 billion in Medicaid cuts due to the 2025 federal budget law, prompting closures and new hospital expansions.
Virginia Governor Spanberger rips into Trump on economy, immigration
Virginia Governor Abigail Spanberger criticized President Trump's economic record and immigration enforcement during her response to the 2024 State of the Union address.
Dominion’s offshore wind price tag rises to $11.5B
Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project off Virginia Beach's coast increased from $11.2 billion to $11.5 billion.
After bank mergers comes ‘big work’ of integration
Looser antitrust enforcement under Trump is expected to fuel more bank mergers, reshaping Virginia’s banking landscape.
