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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

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. […]

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Money April 17, 2025

Wall Street is mixed after UnitedHealth’s worst drop in decades offsets gains for most US stocks

NEW YORK (AP) — Wall Street is drifting between gains and losses Thursday as UnitedHealth Group’s stock plunges toward its worst drop in more than a quarter century, while most of the rest of the U.S. stock market ticks higher. The S&P 500 was up 0.4% in its final day of trading in a holiday-shortened week. The […]

New York Stock Exchange facade on Wall Street. PHOTO: ADOBESTOCK
Money April 16, 2025

US stocks tumble as Nvidia slides and the fog of Trump’s trade war thickens

NEW YORK (AP) — U.S. stocks are tumbling Wednesday after Nvidia warned new U.S. restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump‘s trade war is clouding forecasts for how they or the economy will do this year. The S&P 500 was 3% lower in late trading, an […]

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil
Money April 15, 2025

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil

NEW YORK (AP) — U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight […]

Wall Street sign in lower Manhattan New York, USA
Money April 14, 2025

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now

NEW YORK (AP) — Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 was 0.5% higher in midday trading, though trading is still shaky, and it gave back most of its bigger, early gain […]

US stocks climb in shaky trading but the US dollar and government bonds sink as trade-war fears rise
Around The Nation April 11, 2025

US stocks climb in shaky trading but the US dollar and government bonds sink as trade-war fears rise

NEW YORK (AP) — U.S. stocks are climbing in shaky trading Friday as President Donald Trump‘s trade war with China escalates further and U.S. households get more worried about it. Gold’s price is rising, the U.S. dollar’s value is falling and other financial markets are also swinging in indications of fear about where the U.S. economy will ultimately fit in the worldR[...]

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Around The Nation April 10, 2025

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

NEW YORK (AP) — U.S. stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump‘s trade war continues to threaten the economy. The S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.5% following Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 points, [...]

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Top Stories

Pittsylvania site is top contender for lithium-ion battery plant

Danville, Pittsylvania authority approves Berry Hill land sale to data center developer

Danville and Pittsylvania County officials approved a purchase agreement for the megasite to an enti[...]

Government Contractors | Technology 2025: MENGUCCI, JOHN S.

CACI International completes $2.6B acquisition of Arka Group

CACI International announced Monday that it has completed its $2.6 billion acquisition of Connecticu[...]

Dr. Craig Kent was CEO of UVA Health until his resignation in February 2025. Photo courtesy University of Virginia

Former UVA Health CEO sues attorneys, firm in $34M defamation case

Former UVA Health CEO Dr. Craig Kent is suing three attorneys and a law firm for allegedly running a[...]

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Virginia Beach to get $355M VA clinic, creating 600 jobs

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Richmond National to expand operations, create 75 jobs in Henrico

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AeroFarms to close Pittsylvania operations; 173 to lose jobs

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AeroFarms works through a sale process as its Danville vertical farm faces possible closure and 145 [...]

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Cary Hagen, Bobby Scott, Kevin Briggs and Pete Hansen. Photo courtesy CV International. Background image courtesy of the Port of Virginia

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Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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