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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

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. […]

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

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of war ships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

Gov.-elect Abigail Spanberger, photographed at the Virginia Museum of History & Culture, won Virginia’s governorship by a 15-point margin in the November 2025 election, leading a blue wave. Photo by Jay Paul

Spanberger talks economic priorities in exclusive Q&A

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Democrats will have a larger majority in the Virginia House of Delegates in 2026, giving Speaker Don Scott more breathing room in votes.

2026 Virginia General Assembly preview: Dems contend with tricky budget

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Chesapeake Regional Medical Center. Photo courtesy Chesapeake Regional Healthcare

500+ ex-patients sue Chesapeake Regional, alleging negligence, unnecessary surgeries

Over 500 plaintiffs are suing Chesapeake Regional Medical Center, its current CEO and two former CEO[...]

Wind energy projects continue despite federal headwinds

Dominion Energy sues federal government over offshore wind farm halt

Dominion Energy has sued the federal Bureau of Ocean Energy Management and the U.S. Department of th[...]

People

L to R: Chip Dustin and Keishee Hill. Photo courtesy Cushman & Wakefield| Thalhimer

Cushman & Wakefield | Thalhimer announces CFO succession

5/1/2026

Michael "Mike" Lenox. Photo by Matt Riley, courtesy University of Virginia

U.Va. Darden names interim dean

2/1/2026

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

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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