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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.
Booz Allen CEO says 7% of employees to be laid off
McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 35,800-employee workforce, mainly in its civil division, Chairman, CEO and President Horacio Rozanski said Friday during an earnings call.
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 […]
DHS says it is canceling $2.4B Leidos contract
According to a court filing last week, the U.S. Department of Homeland Security has terminated a $2.4 billion IT and cybersecurity contract awarded to Reston-based federal contractor Leidos last year.
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.
