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Wall Street gains ground as China shores up its economy ahead of trade talks with the US
Stocks fluctuated as China rolled out new economic support and U.S. trade talks loom, while tech shares and tariff worries pressured markets.
US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
U.S. trade deficit surged to a record $140.5B in March as businesses raced to import goods ahead of sweeping Trump tariffs, dragging on GDP growth.
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.
Trump insults Canada ahead of its prime minister’s arrival at the White House
Trump gives new Canadian PM Mark Carney a cold welcome, questioning U.S. dependence on Canada amid rising trade tensions and sovereignty disputes.
Tariffs could add $500M to Dominion offshore wind project
Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wind project in Virginia Beach could rise by about $500 million due to tariffs on imported goods imposed by President Donald Trump.
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Wall Street dips as oil falls to a 4-year low and Warren Buffett announces plans to step down. Tech and energy stocks lead market declines.
Buffett says US shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs
Warren Buffett criticizes Trump’s tariffs, urges global trade, and shares insights on markets, succession plans, and Berkshire’s $347B cash reserves.
I voted for Trump. His tariff exclusions don’t reflect conservative strength
Alexandria business founder Tanveer Kathawalla writes in an op-ed that President Donald Trump's tariffs project decline and harm industry and the nation's ability to reduce federal debt.
Wall Street gains ground following a stronger-than-expected report on the US job market
Wall Street rallies as a strong U.S. jobs report lifts stocks. S&P 500 heads for 9th straight gain while tech and financial shares lead the market.
U.S. adds 177K jobs despite trade war, hiring slows
U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.
Tariffs spark uncertainty for Virginia port and shippers
Shipping and logistics companies and related maritime industries worry about the impacts of President Trump's global trade war and international tariffs. In a worst-case scenario, long-term tariffs on imports and exports would have a cascading effect, accumulating downstream across the economy, economists say.
Tariffs, politics drive uncertainty for shipping
Rising tariffs, Red Sea attacks, and labor costs create instability for shippers and could impact Port of Virginia operations and U.S. supply chain
