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Dominion offshore wind farm delivers first power to the grid
Dominion Energy’s Coastal Virginia Offshore Wind project off Virginia Beach’s coast delivered its first power to the grid Monday.
Trump administration to pay $1B to stop two East Coast wind farms
The Trump administration agreed to pay $1 billion to TotalEnergies to stop two offshore wind projects off New York and North Carolina, redirecting funds to oil and gas.
Trump releases AI policy for Congress to pre-empt state rules
The Trump administration unveiled a national AI policy urging Congress to enact uniform legislation to protect children and streamline AI innovation across the U.S.
Oil unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright says oil prices are unlikely to reach $200 a barrel despite disruptions in the Strait of Hormuz caused by the Iran conflict.
Virginia’s shift to Dems could draw federal cuts
Virginia is under new management, with Gov. Abigail Spanberger taking office Jan. 17. In a speech two days later to the General Assembly, she spoke about returning Virginia to its top spot in CNBC’s “Top States for Business” rankings, after the commonwealth fell to No. 4 in 2025. However, many of the economic challenges impacting […]
Northern Virginia focuses on strengths amid federal cuts
Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace, AI, and data centers across Alexandria, Arlington, Fairfax, Loudoun, and Prince William.
Virginia universities faced federal probes over DEI in 2025
Virginia public universities, including UVA and George Mason, faced federal investigations in 2025 over diversity, equity, and inclusion initiatives amid political pressure.
Virginia health systems face $26B in federal cuts
Virginia health systems confront $26 billion in Medicaid cuts due to the 2025 federal budget law, prompting closures and new hospital expansions.
US tariff rate to hit 15% or more for some nations, Greer says
U.S. Trade Representative Jamieson Greer announced tariffs for some countries will rise to 15% or higher, with current China tariffs remaining unchanged.
US Supreme Court to hear bid by oil companies to toss climate suits
The US Supreme Court will hear ExxonMobil and Suncor Energy's appeal to dismiss a Colorado lawsuit seeking damages for climate change costs.
Virginia unemployment claims spike in early February
Initial unemployment insurance claims in Virginia increased 71.2% in the first week of February, according to the state.
Senators push $70 billion funding deal to support Trump’s critical minerals push, FT reports
Lawmakers move to add $70B to the Export-Import Bank to back Trump’s push to secure U.S. critical minerals supplies.
