latest news

Reston growth equity firm closes $560M investment fund
Razor’s Edge, a Reston-based growth equity firm focused on the national security tech market, has closed a $560 million investment fund.
Industries

Arlington drone software firm raises $130M in Series B funding
Auterion, an Arlington-based provider of drone software, announced it has raised $130 million in a Series B funding round.
Real Estate

30-year U.S. mortgage rate edges up to 6.3%
The average 30-year U.S. mortgage rate rose to 6.3%, ending a four-week decline, according to Freddie Mac.
Money

Dollar set for second straight week of gains after data shows US economic resilience
NEW YORK (Reuters) -The dollar edged lower but was still on track for the second straight week of gains against major peers on Friday after data continued to show U.S. economic resilience, which might complicate the Federal Reserve’s efforts to cut interest rates. The dollar was down 0.1% to 149.65 against the Japanese yen, on […]
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