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Home>STAN CHOE AP Business Writer

STAN CHOE AP Business Writer

Recent Articles from STAN CHOE AP Business Writer

Traders Dylan Halvorsan, left, and Drew Cohen work on the floor of the New York Stock Exchange, Monday, June 9, 2025. (AP Photo/Richard Drew)
Money June 9, 2025

US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies

Stocks edged higher as U.S.-China trade talks resumed, fueling hopes of tariff relief. Wall Street remained cautious ahead of inflation data.

Stocks, bonds and the dollar drift after the latest downgrade to US government’s credit rating
Money May 19, 2025

Stocks, bonds and the dollar drift after the latest downgrade to US government’s credit rating

NEW YORK (AP) — After recovering from an initial jolt, U.S. stocks, bonds and the value of the U.S. dollar drifted through a quiet Monday following the latest reminder that the U.S government may be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up by 0.1% after Moody’s Ratings became the last of the […]

Trader Americo Brunetti works on the floor of the New York Stock Exchange, Monday, May 12, 2025. (AP Photo/Richard Drew)
Around The Nation May 12, 2025

Dow jumps 900 and S&P 500 climbs 2.4% following a 90-day truce in the US-China trade war

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down most of its tariffs against the other, which economists warned could start a recession and create shortages on U.S. store shelves.

Trader Michael Capolino, right, works with colleagues on the floor of the New York Stock Exchange, Tuesday, May 6, 2025. (AP Photo/Richard Drew)
Money May 6, 2025

US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war

U.S. stocks fall as AI hype cools and companies pull forecasts amid tariff uncertainty from Trump, sparking fears of slowed growth and recession.

Microsoft and Meta Platforms lead Wall Street higher
Around The Nation May 1, 2025

Microsoft and Meta Platforms lead Wall Street higher

Microsoft and Meta beat earnings expectations, boosting Wall Street, even as fears of stagflation and economic uncertainty continue to loom.

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Top Stories

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'[...]

The University of Virginia Rotunda. Photo by Jay Paul

3 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

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

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

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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