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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 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.

Wall Street glides to the end of its best month since 2023
Money May 30, 2025

Wall Street glides to the end of its best month since 2023

Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.

Wall Street drifts as the countdown ticks toward Nvidia’s earnings report
Money May 28, 2025

Wall Street drifts as the countdown ticks toward Nvidia’s earnings report

NEW YORK (AP) — U.S. stocks are drifting on Wednesday, a day after leaping back within a few good days’ worth of gains from their all-time high. The S&P 500 was down 0.1% in afternoon trading after flipping from an early, modest gain. It’s still within 4% of its record after charging higher amid hopes that the […]

Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs
Money May 27, 2025

Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs

Wall Street rallies after Trump postpones 50% tariffs on EU goods. S&P 500 up 1.6%, Dow adds 529 points, Nasdaq up 2%.

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Money May 23, 2025

Stocks fall as Trump threatens EU tariffs

U.S. stocks tumble after Trump threatens 50% EU tariffs and targets Apple with new trade demands, shaking global markets and investor confidence.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
Money May 21, 2025

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh

Wall Street futures fell after Target’s weak forecast and rising oil prices fueled by reports of possible Israeli action against Iranian nuclear sites.

US stocks drift as S&P 500 flirts with its first drop in 7 days
Money May 20, 2025

US stocks drift as S&P 500 flirts with its first drop in 7 days

U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.

US stocks drift as Wall Street heads for the finish of a big winning week
Money May 16, 2025

US stocks drift as Wall Street heads for the finish of a big winning week

U.S. stocks edge higher as Wall Street wraps up a strong week, lifted by easing inflation and a tariff truce between the U.S. and China.

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
Around The Nation May 15, 2025

Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week

Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.

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Top Stories

MacKenzie Scott gives record $50M to Virginia State University

MacKenzie Scott gives record $50M to Virginia State University

Billionaire philanthropist MacKenzie Scott gives $50 million to Virginia State University, marking i[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nation[...]

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

People

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Germanna Community College announces new president

31/10/2025

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Botetourt hires new economic development director

30/10/2025

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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