latest news

Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
Industries

Fed’s Fifth District sees modest growth
The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.
Real Estate

US housing market shifts toward buyers as prices cool
The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.
Money

Stocks tick higher after Wall Street flirts with another record
NEW YORK (AP) — Stocks drifted higher on Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week. The S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average rose 114 […]
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