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Retailers scale back holiday hiring amid tariffs, slowdown
Retailers delay and reduce holiday hiring as tariffs, economic uncertainty and a government shutdown weigh on consumer spending.
Hampton Roads too reliant on federal dollars, economists warn
Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk in the event of future cuts.
Hampton Roads seeks opportunities amid federal policy changes
Hampton Roads leaders warn of risks from tariffs, defense cuts and energy policy while seeing growth in military tech and industry.
Hampton Roads Business 2025: Executive Insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as changing trade policy, regional cooperation and workforce training. PAT DAVIS-HAGENS Market president, Bon Secours Hampton Roads, Suffolk How does Bon Secours assess where to open new facilities, like the hospital in Suffolk […]
An overview of Hampton Roads
Home to 1.79 million people across 17 localities, Hampton Roads is Virginia’s second most populous region, just behind Northern Virginia. It also boasts the commonwealth’s biggest city by population: Virginia Beach, with an estimated 457,066 residents. Nearby Norfolk is the densest locality in the region, with 4,467 people per square mile, according to 2020 U.S. Census data. [&hellip[...]
From the Editor: In this year’s Hampton Roads Business
This year’s edition of Hampton Roads Business takes a look at the impact on the region from a host of Trump administration policy changes on everything from trade to federal spending and restrictions on wind energy. In this issue’s main feature, local freelance journalist Jim Morrison finds that while regional business leaders are concerned about […]
Fed’s Fifth District sees modest growth
The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.
Federal Reserve Governor Kugler steps down, giving Trump slot to fill
Federal Reserve governor Adriana Kugler will step down, opening up a spot on the central bank's powerful board that President Donald Trump will be able to fill.
Report: DOGE responsible for nearly 290k job cuts
A Thursday report revealed that United States-based employers have cut more jobs so far this year than in all of 2024.
BLS: Virginia only state with notable June jobless rate increase
Virginia was the only state last month to see its unemployment rates increase, according to the Bureau of Labor Statistics.
Northern Va. Chamber unveils road map to reinvent economy
The Northern Virginia Chamber of Commerce on Monday released a road map on reinventing the region's economy.
Retail sales rebound in June despite tariff concerns
WASHINGTON (AP) — After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June after declining 0.9% in May, the Commerce Department said Thursday. Sales in April fell 0.1%, pulled down by a steep drop in auto sales, after Americans […]
