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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

Rallies for PayPal and UPS lead US stocks toward more records
Money October 28, 2025

Rallies for PayPal and UPS lead US stocks toward more records

NEW YORK (AP) — The U.S. stock market is ticking further into record heights on Tuesday. The S&P 500 added 0.4% in late trading. The Dow Jones Industrial Average was up 265 points, or 0.6%, with a little less than an hour remaining in trading, and the Nasdaq composite was 1% higher. All three indexes are coming […]

Trader Michael Capolino works on the floor of the New York Stock Exchange, Wednesday, Oct. 15, 2025. (AP Photo/Richard Drew)
Money October 21, 2025

Dow hits record as 3M, Coca-Cola, other stocks climb

U.S. stocks rose Tuesday, led by strong earnings from GM, RTX and Coca-Cola, as investors awaited inflation data and Fed rate guidance.

[box type="shadow" align="alignright" width="300px"]
Money October 20, 2025

Wall Street rallies and gets near its all-time high

U.S. stocks climbed Monday with the S&P 500 nearing record highs, led by Apple and Cleveland-Cliffs, as investors awaited key earnings reports.

Wall Street Holds Near Records on Mixed Earnings
Money July 22, 2025

Wall Street Holds Near Records on Mixed Earnings

NEW YORK (AP) — Wall Street is hanging near its records on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump‘s tariffs are hurting or helping them. The S&P 500 was shaving 0.1% off its all-time high set the day before. The Dow Jones Industrial Average was up […]

US stocks tick higher and yields leap as Wall Street sees little chance for a July rate cut (UPDATED)
Money July 3, 2025

US stocks tick higher and yields leap as Wall Street sees little chance for a July rate cut (UPDATED)

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth […]

Stocks drift as Wall Street awaits key jobs report
Money July 2, 2025

Stocks drift as Wall Street awaits key jobs report

NEW YORK (AP) — U.S. stocks are drifting on Wednesday, as Wall Street‘s record-breaking rally slows ahead of a highly anticipated report coming Thursday about the U.S. economy. The S&P 500 was edging up by 0.1% in morning trading, coming off its first loss after hitting all-time highs in back-to-back days. The Dow Jones Industrial Average was […]

Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes
Money July 1, 2025

Wall Street drifts as Tesla drops and yields rise following economic updates

NEW YORK (AP) — U.S. stocks are drifting on Tuesday as Wall Street‘s momentum slows after setting record highs in each of the last two days. The S&P 500 was 0.1% lower in morning trading and potentially on track for its first loss in four days. The Dow Jones Industrial Average was up by 153 points, or […]

US stocks add to their all-time high
Money June 30, 2025

US stocks add to their all-time high

  NEW YORK (AP) — U.S. stocks are adding to their records on Monday as Wall Street nears the finish of a second straight winning month. The S&P 500 was 0.2% higher in early trading, its first trading after completing its stunning rebound from a springtime sell-off of roughly 20%. The Dow Jones Industrial Average was up 142 […]

Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes
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. […]

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Top Stories

Booz Allen Hamilton logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration

Treasury cancels $21M in Booz Allen Hamilton contracts

The U.S. Treasury Department said on Monday it had canceled all of its contracts with McLean-based g[...]

ICE eyes massive Hanover warehouse for processing facility

ICE eyes massive Hanover warehouse for processing facility

ICE hopes to purchase a more than 552,000-square-foot warehouse in Hanover County and repurpose it i[...]

The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid

Capital One to acquire Brex for $5.15B

McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to a[...]

Photo: Depositphotos.com

Henrico-based ASGN to acquire Quinnox for $290M

ASGN announced this week that it will acquire Chicago-based digital services company Quinnox for $29[...]

FILE PHOTO: Frankie, the mascot for Nathan's Famous hot dogs, excites the audience at the official weigh-in ceremony, ahead of the Coney Island's 2025 Nathan's Famous Fourth of July International Hot Dog Eating Contest in New York City, U.S., July 3, 2025. REUTERS/Angelina Katsanis/File Photo

Smithfield Foods plans to buy Nathan’s Famous in $450M deal

Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog [...]

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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