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Wall Street glides to the end of its best month since 2023
Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.
Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now
A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.
Virginia unemployment rate rises slightly in April to 3.3%
Virginia’s unemployment rates continue to see an incremental rise, according to data from the state’s Department of Workforce Development and Advancement, also known as Virginia Works.
Target sales drop in 1st quarter and retailer warns they will slip for all of 2025
Target projects lower 2025 sales as tariffs, consumer cutbacks, and backlash over its DEI and Pride merchandise changes weigh on performance.
US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
Wall Street futures fell after Target’s weak forecast and rising oil prices fueled by reports of possible Israeli action against Iranian nuclear sites.
US stocks drift as S&P 500 flirts with its first drop in 7 days
U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.
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 […]
Wall Street drifts lower as S&P 500 flirts with its first loss of the week
U.S. stocks fall as trade war uncertainty persists. Oil prices drop amid possible Iran deal. Market reacts to mixed economic and corporate signals.
Wall Street wobbles ahead of new retail sales data and public appearances by Fed officials
Wall Street trades flat as investors await retail sales data and Fed signals on interest rates amid U.S.-China trade pause and cooling inflation.
Vaughan-Bassett sees strong domestic demand despite China tariff easing
Doug Bassett, president of Galax-based Vaughan-Bassett Furniture, said the recent developments and the ongoing uncertainty around trade are having a positive impact on the company’s business because it lacks much direct exposure to China in their supply chain.
Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025
U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.
Trump trade war faces legal challenge as businesses, states argue his tariffs exceeded his power
Trump's sweeping tariffs under emergency powers face lawsuits from states and businesses arguing he overstepped constitutional authority on trade.
