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News
Virginia’s economy expected to grow modestly by end of 2026, job losses still expected
2+ hour, 34+ min ago (314+ words) A new report from the University of Virginia’s Weldon Cooper Center for Public Service says Virginia’s economy is expected to grow modestly through the end of the year. However, job losses are also still expected. “It seems like we hit…...
Virginia’s economy continues to grow as Spanberger warns of fallout from federal cuts
2+ week, 17+ hour ago (423+ words) Governor Abigail Spanberger offered a warning on Virginia’s economy at Wednesday’s joint appropriations meeting, putting much of Virginia families' future financial woes on President Donald Trump’s One Big Beautiful Bill. “At a time when families are already struggling to afford…...
Unemployment ticks up in three Virginia metro areas
3+ week, 2+ day ago (204+ words) Unemployment is up in Richmond, Hampton Roads and Northern Virginia. That's according to the latest numbers from the Bureau of Labor Statistics. Terry Clower at George Mason University says some of the inflated numbers in Northern Virginia are people who…...
A new report suggests Virginia is starting to recover from DOGE cuts
1+ mon, 3+ week ago (236+ words) Virginia's economy is starting to recover from job cuts at the federal level. The United States DOGE Service was a shock to the system in Virginia. But the latest numbers are showing a recovery. A new report from George Mason…...
New forecast: Virginia's economy faces storm clouds ahead
3+ mon, 6+ day ago (170+ words) A new forecast suggests Virginia's economy is heading for a rough patch. Prices will rise and employment will fall. That's the grim forecast from the folks at the Weldon Cooper Center for Public Service at the University of Virginia, which…...
UVA experts see a slowing economy in 2026, improvement in 2027
5+ mon, 3+ week ago (254+ words) Economists at the University of Virginia predict unemployment will rise this year to 4.4%. Joao Ferreira, acting director of the Center for Economic and Policy Studies, says job growth is already down. “Consulting, technical and professional services we started seeing a…...
The Federal Reserve's independence is under threat. Why does that matter?
7+ mon, 3+ week ago (103+ words) WVTF The Federal Reserve's independence is under threat. Why does that matter? Federal Reserve Chair Jerome Powell says the threat of criminal charges against him is a sign of the Trump administration trying to pressure the Fed to lower interest…...
Overdue jobs report shows employers added 119,000 jobs in September
9+ mon, 1+ week ago (669+ words) Updated November 20, 2025 at 12:15 PM EST Hiring picked up in the early fall after a lackluster summer. An overdue report from the Labor Department on Thursday showed U.S. employers added 119,000 jobs in September, while the unemployment rate inched up to 4.4%. The report…...
RC: Virginians likely spending less this year on gifts thanks to inflation, tariffs
9+ mon, 5+ day ago (209+ words) Tis the season for shopping. But will holiday shoppers buy as much as they did last year? Inflation is the grinch stealing the holiday season this year. According to a new report from Roanoke College, a three percent inflation rate…...
The Fed cuts interest rates again as concerns grow about the job market
10+ mon, 5+ day ago (523+ words) Updated October 29, 2025 at 2:19 PM EDT The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, after…...