A Richmond Fed economist says tariffs can even raise prices of unaffected goods.
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As President Trump pledges to revive ‘beautiful’ coal, Virginia’s coal counties have largely moved on to new ventures. But who stands to benefit?
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The world's largest retailer says it won't be able to absorb all the costs.
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US levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days. Chinese levies on US goods will fall from at least 125% to 10%.
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State leaders are bullish on Dominion Energy's plans for a “hyperscale” data center in Fairfax County. Would-be neighbors are not thrilled.
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To account for immediate tariff impacts, the utility plans to increase customers' monthly energy bills by an average of 4 cents over the life of the project.
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Recent data from the Richmond Fed also points to slowing sectors.
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The hikes would raise the average residence's monthly bill by more than $20.
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Take a look at this week's top VPM News stories.
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Take a look at this week's top VPM News stories.
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Emissions’ social costs can help guide investments.
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Tom Barkin's caution stands in contrast to fellow Fed policymakers, who have expressed more urgency about rate cuts.
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Richmond Fed says commonwealth's job market has ‘softened'
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The Federal Reserve moved aggressively Wednesday to start cutting interest rates as easing inflation fears gives way to concern about the job market.
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The candidates have campaigned on tax cuts, tariffs, deficits and the middle class.
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Opponents of the move say the county is avoiding permit hearings.
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The new lease site could yield enough electricity to power up to 1.4 million homes, according to the federal government.
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VRS spokesperson says there's no policy prioritizing such investments.
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A closed committee has been discussing possible developers to lead the project.
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Fifteen years ago this Wednesday, the federal minimum wage went up from $6.55 per hour to $7.25. It hasn't budged since.
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Youngkin signs bill enabling utility to recover development costs