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economy

President Donald Trump speaks during a breakfast with Senate and House Republicans in the State Dining Room of the White House, Wednesday, Nov. 5, 2025, in Washington. (AP Photo/Evan Vucci)
Nov 5, 2025

Trump may become the face of economic discontent, a year after such worries helped him win big

Voters frustrated with high costs dealt Trump a political setback as Democrats swept major races nationwide, citing affordability as their top concern.

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Nov 3, 2025

Richmond Fed launches center to support rural economies

The Federal Reserve Bank of Richmond launched the Center for Rural Economies last week, a research and convening hub.

Fed cuts key rate again to support slowing economy
Oct 29, 2025

Fed cuts key rate again to support slowing economy

The Federal Reserve lowered its key rate to 3.9%, its second cut this year, aiming to boost hiring as inflation remains elevated.

Retailers scale back holiday hiring amid tariffs, slowdown
Oct 13, 2025

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.

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Oct 8, 2025

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
Sep 30, 2025

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
Sep 29, 2025

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
Sep 29, 2025

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[...]

On pins and needles
Sep 29, 2025

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 […]

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Sep 8, 2025

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 Board of Governors member Adriana Kugler sits before an open meeting of the Board of Governors at the Federal Reserve, Wednesday, June 25, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Aug 1, 2025

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.

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Aug 1, 2025

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.

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