Sign In
Free Newsletter
Trump picks former Fed official Warsh to run Fed
Trump nominated former Fed governor Kevin Warsh to succeed Jerome Powell, raising questions about Fed independence and rates.
Dominion installs first CVOW turbine tower off Virginia Beach
Dominion Energy last week installed the first turbine tower associated with the Coastal Virginia Offshore Wind project, off Virginia Beach.
Treasury cancels $21M in Booz Allen Hamilton contracts
The U.S. Treasury Department said on Monday it had canceled all of its contracts with McLean-based government contractor Booz Allen Hamilton, accusing the company of failing to protect sensitive data, including at the Internal Revenue Service.
5 U.Va. board members resign at Spanberger’s request
The New York Times reported Friday evening that three University of Virginia board members have resigned at the request of Abigail Spanberger, who will be sworn in Saturday as Virginia's Democratic governor.
Federal court grants Dominion injunction, allowing offshore wind construction to proceed
Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resume on the Coastal Virginia Offshore Wind project off Virginia Beach's coast. In December 2025, the U.S. Department of the Interior paused the project for 90 days, leading the Richmond Fortune 500 utility to sue the government.
Trump plans to allow 401(k) withdrawals for home down payments
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on a house, White House economic adviser Kevin Hassett said on Friday, adding that more details will be released next week. “We’re going to allow people to take money out of […]
Wall Street rises as bank earnings, chip stocks rally
U.S. stocks rose as strong results from Goldman Sachs and Morgan Stanley lifted banks and TSMC boosted chipmakers.
US approves Nvidia H200 chip exports to China with some conditions
The Trump administration approved Nvidia’s H200 AI chip sales to China under new restrictions, drawing concern from national security hawks.
Wall Street falls with financials amid credit card rate plan
US. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
Wall Street CEOs back Fed independence as Trump administration probes Powell
Wall Street CEOs back Fed independence after a Trump administration probe of Chair Jerome Powell sparks market and inflation concerns.
Trump administration probe of Fed’s Powell draws pushback
A criminal probe of Fed Chair Jerome Powell sparked bipartisan criticism, raised concerns over Fed independence and moved markets.
Past three Fed chairs decry ‘unprecedented’ assault by Trump on Powell
Former Federal Reserve chairs denounced a criminal probe of Chair Jerome Powell, warning it threatens central bank independence.
