Fed Chair Jerome Powell said a rate cut may come in the months ahead but gave no timing, citing risks from both inflation and unemployment.

Stocks surged Friday after Fed Chair Jerome Powell suggested rate cuts could be next. The S&P 500 rose 1.4% and the Dow jumped 716 points.

Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agree to resign by the end of August.

The S&P 500 fell 0.4%, marking a fifth straight loss, as Walmart’s weak earnings weighed and Treasury yields rose on business activity data.

The State Department says 55M U.S. visa holders face continuous vetting, raising deportation risks even for those already approved to stay.

Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five ...

Walmart’s Q2 sales rose 4.6% as shoppers flocked to its discounts, fast delivery and fashion, helping it outperform rival Target.

U.S. 30-year mortgage rates held at 6.58%, the lowest in nearly 10 months, offering relief for homebuyers as 15-year rates decline.

Powell’s Jackson Hole address Friday comes as the Fed debates rate cuts, weak job growth, rising inflation risks, and Trump’s pressure.

Former speaker of the House of Delegates resigned after a little more than a month as U.S. attorney for the Western District of Virginia.

Called BWXT Advanced Fuels, the new company will pursue partnerships to deliver TRISO nuclear fuel for an anticipated “coming wave” of advanced nuclear reactors under development or in planning stages ...

Next year, Virginia Wesleyan University will officially change its name to Batten University, honoring local philanthropist Jane Batten.