Leesburg firm lays off 155 after Navy cancels $170M contract
Leesburg-based data company Pantheon Data this week laid off 155 workers — including 33 Virginia employees — after the U.S. Navy canceled its $170 million service contract with the company on May 12.
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.
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.
Judge pauses much of Trump administration’s massive downsizing of federal agencies
A judge blocked the Trump administration’s sweeping federal job cuts, ruling that major agency reductions require congressional cooperation.
Virginia unemployment claims rise amid federal layoffs
Virginia jobless claims rose in early May, with experts citing federal spending cuts, tariffs and contract reductions as key factors in the surge.
Law firms advise businesses on Trump 2.0 policies
Virginia law firms see surge in client questions as Trump’s 2025 executive orders spark regulatory, immigration, and DEI compliance concerns.
DOJ grants University of Virginia extension on DEI response
The University of Virginia has until May 30 to respond to an April 28 letter from the U.S. Department of Justice demanding proof — including video and audio from the U.Va. Board of Visitors' closed sessions — that the university is dismantling and dissolving its diversity, equity and inclusion apparatuses.
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.
Disabled workers have faced prejudice. Now they face DOGE firings
Mass federal layoffs under Trump target disabled workers, raising concerns about the future of inclusive hiring and Schedule A protections.