Firing Fannie and Freddie
Five years ago, the U.S. government took over the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. in a $175 billion bailout during the height of the financial crisis. Now, “Fannie Mae” and “Freddie Mac,” as they’re known, respectively, are back in the black.
Vying for dollars
Some of Virginia’s biggest health systems are competing for a share of a big pot of money designed to improve health care and cut costs.
Hospitals cope with cuts, uncertainty as health reform takes effect
Many hospitals and doctors expected an expansion of Medicaid under the ACA to offset some of these cuts. But, for now, all Virginia’s health-care industry has is “a definite ‘maybe’ from the General Assembly,” says Laurens Sartoris, president of the Virginia Hospital and Healthcare Association.
Glitchy start on the exchange
For people signing up for health insurance under the Affordable Care Act in early October, it wasn’t a smooth launch.
Copper-line networks disappear as customers rely on wireless phones
Like the telegram, movie rental stores and phone books, the landline phone is fast heading for technological extinction.
Cybersecurity is the most in-demand IT skill set
The state’s servers contain a lot of confidential information about Virginia residents and taxpayers, and they’re hit by cyber attacks of one form or another about 120 million times each year.
Sequestration and government slow NoVa’s market
Northern Virginia is experiencing the highest total vacancy rates — 18.7 percent for the third quarter — that the region has seen in years.
Renovation of Springfield Mall is one of NoVa’s largest retail projects
Springfield Mall is in its first phase of its renovation.
Medical services represent one of the pillars of Winchester area economy
Medical services represent one of the pillars of Winchester area economy