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The Latest: Trump considers a pause on his auto tariffs
The federal government says it’s freezing more than $2.2 billion in grants and $60 million in contracts to Harvard University after the institution said it would defy the Trump administration’s demands to limit activism on campus. Meanwhile, President Donald Trump has suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give [...]
Trump threatens more tariffs on China as global markets plunge
WASHINGTON (AP) — Undeterred by a panicked stock market, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war. Trump‘s threat came after China said it would retaliate against U.S. tariffs he announced last week. “If China does not withdraw its[...]
Stock market today: Wall Street holds steadier following weeks of scary swings
NEW YORK (AP) — U.S. stocks are holding steadier Monday, and the market‘s scary roller-coaster ride from recent weeks is slowing. The calm trading may be short-lived, though, with a decision by the Federal Reserve on interest rates coming later in the week and worries continuing about President Donald Trump‘s trade war. The S&P 500 […]
Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week
NEW YORK (AP) — U.S. stocks rallied to their best day in months on Friday as Wall Street‘s roller coaster suddenly shot back upward. That still wasn’t enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August. The S&P 500 jumped 2.1% a day after closing more than 10% […]
Trump 2.0: Making real estate great again?
Let Trump be Trump. A campaign staffer’s now-famous motto during President Donald Trump‘s 2016 bid for president nods to the mercurial nature of the real estate mogul and former reality television star — as well as a similar slogan from “The West Wing.” And Trump himself has repeatedly said he trusts his gut over his […]
Statewide home sales, inventories rose in November
The fall 2024 housing market has outpaced the fall 2023 market across the commonwealth, according to statewide November sales data released Dec. 20 by Virginia Realtors. “For two months in a row now, Virginia has seen double-digit growth in closed sales,” Ryan Price, the trade organization’s chief economist, stated in a news release. In November, […]
Building an ecosystem
Even though William & Mary is best known as a liberal arts “public Ivy,” it’s also a research university where professors are quietly producing innovative technology — and are less quietly trying to create an entrepreneurial network to support it. Local capital isn’t as available in the Williamsburg area as it is around larger state […]
