Fed minutes reveal support for more rate cuts this year but highlight divisions over inflation risks and economic slowdown.
The Virginia Workforce Housing Investment program will distribute an additional $15 million to support workforce housing development.
Averett University won approval from majority of bondholders on requests, allowing North Campus sale-leaseback to help stabilize its finances.
Hooker Furnishings is parting ways with its chief administration officer as part of its ongoing cost-cutting initiatives.
Fortune 500 company Owens & Minor announced that it plans to sell its Products & Healthcare Services segment for $375 million.
Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk in the event of future cuts.
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
Rural U.S. communities warn the new $100K H-1B visa fee could worsen shortages in health care and education by limiting immigrant workers.
SoftBank will acquire ABB’s $2.3B robotics unit for $5.4B, advancing its AI strategy while ABB refocuses on electrification.
IMF chief Kristalina Georgieva warns global resilience may fade, citing Trump tariffs and ongoing economic uncertainty.