economy

By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most workers enjoy job security. The Labor Department says claims for unemployment checks increased by 4,000 to 239,000. The...

RICHMOND (News Radio WRVA) — Governor Ralph Northam today announced that January General Fund revenues rose 0.4 percent from the previous January. Although collections are lagging the annual estimate, growth is expected to be higher in the second half of the fiscal year due to effects of the...

WASHINGTON (AP) — U.S. consumer confidence tumbled this month, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remains robust by historic standards. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell...

By CATHERINE LUCEY, JILL COLVIN and LISA MASCARO, Associated Press WASHINGTON (AP) — Shutdown pressure on President Donald Trump mounted Wednesday as House Speaker Nancy Pelosi called on him to delay his State of the Union address and his own economists acknowledged the prolonged standoff was...

by Josh Boak WASHINGTON (AP) — U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. The Labor Department said...

By STAN CHOE , AP Business Writer Eds: With BC-Financial Markets. With AP Photos. NEW YORK (AP) — One of the most reliable warning signals for a recession just got a bit brighter. The signal is called the "yield curve," and it shows how the bond market is feeling about the U.S. economy's long-term...

WASHINGTON (AP) — A lack of clarity around a U.S.-China trade truce, announced over the weekend by the Trump administration, is contributing to a sharp fall in the stock market. The Dow Jones industrial average plummeted 586 points in early afternoon trading, a drop of 2.3 percent. Other market...

WASHINGTON (AP) — U.S. manufacturers expanded at a faster pace in November as new orders surged, a positive sign for economic growth heading into 2019. The Institute for Supply Management, an association of purchasing managers, says its manufacturing index rose to 59.3 last month from 57.7 in...

RICHMOND, Va. (AP) - Gov. Ralph Northam says Virginia beat out two other states to land 42 potential new manufacturing jobs building steel and utility trailers. Northam said last week that Carry-On Trailer will spent $1.6 million to expand its facility in Westmoreland County. The governor said...

WASHINGTON (AP) - Three months after he pulled the United States out of the Iran nuclear deal, calling it "horrible" and "one-sided," President Donald Trump is re-imposing many sanctions on Tehran to exert "maximum economic pressure." Trump warns that other nations who don't wind down their...