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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

Wall Street drifts as it waits for a highly anticipated US-China meeting on trade
Money May 9, 2025

Wall Street drifts as it waits for a highly anticipated US-China meeting on trade

U.S. stocks drift as Wall Street eyes U.S.-China trade talks in Switzerland. Lyft, TSMC, and Insulet rally while Expedia and Sweetgreen fall.

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Money May 8, 2025

Wall Street rises with hopes for trade deals that could forestall a recession

U.S. stocks rose after Trump announced a UK trade deal, easing recession fears and pushing the S&P 500 closer to record highs amid strong earnings.

Wall Street bounces back from an early loss as volatility continues
Around The Nation April 30, 2025

Wall Street bounces back from an early loss as volatility continues

US stocks slide after weak GDP data sparks stagflation concerns, tariff uncertainty, and AI sector pullback. Dow drops 479 points on economic fears.

Wall Street takes a breath ahead of another week full of potential swings
Money April 28, 2025

Wall Street takes a breath ahead of another week full of potential swings

NEW YORK (AP) — U.S. stocks are drifting lower Monday ahead of potential flashpoints looming later in the week that could bring more sharp swings for financial markets. The S&P 500 fell 0.5% in late morning trading, coming off a winning week in its whipsaw ride that’s been rattling investors for weeks. It had slightly more gainers than losers, […]

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war
Around The Nation April 25, 2025

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war

Wall Street’s rally stalls as macroeconomic uncertainty, weak forecasts, and shifting tariffs weigh on stocks. Big Tech helps limit broader losses.

Wall Street sign in lower Manhattan New York, USA
Around The Nation April 24, 2025

Wall Street rallies as companies keep piling up profits, for now at least

U.S. stocks are rallying further as better-than-expected profits for U.S. companies pile up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.

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. […]

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Top Stories

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale ice cream expansion to add 166 jobs

Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and[...]

A photo of a Leidos sign and a glass covered building.

Leidos acquires Chantilly AI tech biz for $300M

Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business[...]

The former Best Products property in Henrico County. Photo courtesy Henrico County

Henrico issues new RFI for arena project

Following the collapse of the $2.3 billion GreenCity project in March, Henrico County on Tuesday rel[...]

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Booz Allen CEO says 7% of employees to be laid off

McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 3[...]

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House GOP passes Trump tax bill despite deficit fears

House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it co[...]

People

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

The Charlottesville Regional Chamber of Commerce has promoted Andrea Copeland to president and permanent CEO. Photo courtesy Charlottesville Regional Chamber of Commerce

Charlottesville Chamber announces new president and CEO

28/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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