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FILE - In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
May 7, 2025

Fed holds rates steady amid tariff-driven inflation risk

The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.

Sen. Stella Pekarsky, D-Centreville, is the chief patron of Senate Bill 738. The bill seeks to limit cell phone use in schools. Photo courtesy Capital News Service
Apr 30, 2025

Virginia junk fee ban awaits action from governor

Virginia may ban hidden junk fees under new legislation, but Gov. Youngkin must act by May 2 to sign or veto the consumer protection bill.

An aerial view shows auto dealerships in Cerritos, Calif., Thursday, March 27, 2025. (AP Photo/Jae C. Hong)
Mar 28, 2025

Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump‘s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained[...]

Mar 17, 2025

InterChange announces several leadership changes

Mount Crawford-based industrial developer and logistics company InterChange Group announced several major changes to its executive leadership. Effective March 10, Keith VanBenschoten assumed the role of chief strategy officer, and Cliff Alt was promoted to chief operating officer. The company also announced that Timothy Cognata [...]

Feb 24, 2025

Real Estate News Heard Around Virginia and the nation

NORTHERN  Gilbane pitches office-to-apartments conversion in Virginia Square  Washington Business Journal  Fredericksburg City Council unanimously approves controversial data center project in Celebrate Virginia South  The Free Lance-Star  Tactical-gear manufacturer Aspetto relocating headquarters to Stafford County  Insid[...]

Feb 20, 2025

Heard Around Virginia and the nation

Virginia SCC orders two big health insurers to reimburse hundreds Richmond Times-Dispatch JD Vance puts Virginia home on the market for nearly $2M Independent Boeing CEO urges workers to speak up, expects ‘brutal’ feedback Bloomberg Air-traffic staffing rules tightened at Reagan Airport after fatal crash The Wall Str[...]

White House Press Secretary Karoline Leavitt speaks during a press briefing at the White House in Washington on January 31, 2025. Photo by Yuri Gripas/Abaca/Sipa USA(Sipa via AP Images)
Jan 31, 2025

Trump White House says tariffs will be enacted Feb. 1

The Trump administration says it will impose tariffs on Canada, Mexico and China beginning Saturday, Feb. 1. “The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has k[...]

Jan 10, 2025

Don’t miss out on your opportunity to be a part of the April Issue of Virginia Business

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Nov 29, 2024

Legal Elite 2024: Civil Litigation Q&A Bill O’Mara Jr.

Legal Elite 2024 Q&A is sponsored content. Title: Partner/Attorney Other legal specialties: Cooper Hurley Injury Lawyers exclusively represents people injured by the negligence of others with a focus on catastrophic injury and wrongful death cases arising from car, truck and motorcycle accidents. I also have experience repre[...]

Nov 5, 2024

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