The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome ...

Listen to this article Made-in-America bedroom and dining furniture manufacturer Vaughan-Bassett, which is headquartered in Galax, sent a letter to dealers and sales reps Thursday morning announcing ...

Listen to this article G. Lyn Hayth III will retire as CEO of the Buchanan-based Bank of Botetourt at the end of June after nearly four decades at the bank, according to a Wednesday announcement.

Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S.

Listen to this article Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump‘s latest set of tariffs ...

Countries and industries were scrambling Friday to respond as President Donald Trump‘s latest tariffs hikes upend global trade and world markets. China responded to the 34% tariffs imposed by the U.S.

Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump‘s newest set of ...

Listen to this article The U.S. Department of Energy said it has identified 16 federal sites, including storied nuclear research laboratories such as Los Alamos, where tech companies could build data ...

Listen to this article U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses ...

Pennsylvania-based convenience store chain Wawa plans to massively expand in the western side of Virginia, with plans to invest $450 million and open 60 stores along Interstate 81 within the next ...

Listen to this article The Patton Logistics Group, a U.S. supply chain company, plans to expand with a $10 million, 100,000-square-foot warehouse and distribution facility in Pulaski County, Gov.

Listen to this article Federal contracting firm Mitre, which has dual headquarters in McLean and Massachusetts, expects to lay off 442 people in Virginia in two months. The cuts come after the Trump ...