ECONOMICS

Danville leaders are seeing big opportunity with the new Caesars Casino opening next year.

President Joe Biden will be visiting Minnesota to discuss his economic agenda.

Financial experts believe the fact that the most recent interest rate hike was smaller than previous ones, it could mean The Fed is nearing the end of the cycle of rising interest rates.

One financial expert says Congress could decide to raise taxes, suspend federal pensions or layoff non-essential federal employees.

A new project that will turn the former Viscose plant in Southeast Roanoke into a major development was announced during the Tuesday night City Council meeting.

Governor Glenn Youngkin has announced $90 million in development grants for 21 different industrial sites across the state, some of which are in our region.

More businesses in the New River Valley and the Roanoke Valley are starting to use electric vehicles instead of gas vehicles.

It is projected that the increased property value will bring in $112 million in tax revenue for the Star City.

On Thursday afternoon at Carter Machinery in Salem, Youngkin discussed his goals for the Commonwealth.

On January 1, the minimum wage will increase from $11 to $12.

Virginia’s current 1.5% sales tax on groceries and personal hygiene products will end on Sunday, Jan. 1, according to a budget amendment.

In an attempt to cool the U.S. economy, the Federal Reserve raised interest rates again this week, with no signs of relief until 2024. On Friday, inflation clocked in at 7.1 percent.

Kroger customers looking to get a little extra bang for their buck this holiday travel season are in luck.

LCS is proposing pay increases for teachers and staff in next year’s budget.

Many people who own property in Montgomery County are voicing their concerns after property value reassessments were mailed out, something that could potentially raise taxes next year.

The whirring of machines and clanging of metal is sparking new life in Appomattox.

Gas prices are dropping in the Commonwealth, but some families are still struggling to make ends meet due to inflation.

President Biden arrives in Michigan, where he will tour a CHIPS facility at 1435 and deliver remarks on the economy

10 News viewers are nearly $50,000 richer now that Find Your Money has come and gone.

In Bedford County, that tax is $2.35 per every $100 of the assessed value of your property, like your car.

Our phone lines are now open for the Find Your Money phone bank.

President Biden went to Albuquerque, New Mexico to deliver remarks on student debt relief.

It’s a chance to get some extra cash. One in four Virginians have misplaced money or valuables in the Virgnia Treasury Department, and we’re working for you to help you find it.

Virginia Tax is reminding taxpayers that the individual income tax filing extension deadline is days away on Nov. 1.

10 News is working for you to break down everything you need to know about the application process.

Roanoke's Office of Economic Development says there is still opportunities for another 40 businesses to receive ARPA funding.

The new restaurant called Pollard 107 South is expected to open early next year.

Millions of dollars are being invested in Southside in the form of a new manufacturing center, part of which will be home to the US Navy.

After receiving more than 700 applications, the lofts are fully rented, with a good mix of young professionals and people who are retired.

Despite the storm coming to shore in Florida, there could be effects as it moves up the East coast.

Carilion Clinic in Roanoke is set to receive $230,000 as part of the donation, which UnitedHealthcare said they’ll use to introduce the Calm and Safe Classrooms counseling program.

Whether it’s dinner for one or you’re feeding a family of six, the cost of groceries is hitting families hard, forcing them to make changes.

The new lights offer lower maintenance and substantially lower electricity costs.

Federal funding ends on September 30, which means Congress must pass a spending bill by then to avoid a shutdown.

The nearly twenty-year battle over the golf course in Buena Vista is over – Vista Links has been purchased by a developer out of Richmond.

Bank of America is presenting a special offer of a zero down payment and zero closing cost to first-time homebuyers in designated markets, NBC News reports.

President Biden’s announcement of student debt forgiveness on Wednesday left some Americans wondering, “Who is it really helping?”

This fall, some Virginians may be getting some extra money in their pockets, thanks to this one-time tax rebate.

The legislation is heading towards President Joe Biden’s desk, so what could this mean for your wallet?

On Monday, the Town of Blacksburg announced the Affordable Housing Development Fund to combat the growing deficit of all housing types, especially those available to low to moderate-income households.

10 News political analyst, Edward Lynch explains how the name, Inflation Reduction Act could be misleading as the bill makes no promises to reduce inflation for Americans anytime soon.

On Thursday, Governor Youngkin announced that select items will be free of sales tax from 12:01 a.m. on Friday to 11:59 p.m. on Sunday.

University of Lynchburg economics professor, Gerald Prante, said this most recent interest rate hike is expected to slow the economy down.

When it’s sizzling outside, you might be quick to turn up the A/C, but that could mean a hefty bill coming your way.

On Monday, the Office of Governor Younkin announced that 27 Virginia communities launched new tourism programs to boost area economies, and at the end of implementation, the communities will also receive a $10,000 grant to assist with future plan development.

We’re told that Virginia Senators Mark Warner and Tim Kaine will support a request for federal assistance once a request is made by the governor.

Virginia was named CNBC’s “Top State for Business” in 2007, 2009, 2011, 2019, and 2022 according to the Associated Press, but this year’s rankings left Virginia in third, a drop from the previous years of coming out on top.

Big Spring Mill, Inc., widely known for its seasoned flour, will close its doors for the last time in August, Bob Long with Big Spring Mill, Inc. said.

The promotion was part of the store’s Customer Appreciation Day for July 6. They also offered other discounts in the store.

Sheetz announced Monday that they were lowering prices on gas for the 4th of July holiday weekend.

Virginia Governor Glenn Youngkin followed through on promises for tax relief in the Commonwealth’s latest budget.

The holiday would have saved drivers 26 cents per gallon at the pump.

On Friday, Governor Glenn Youngkin announced that employment went up to more than 4.2 million workers in May 2022.

The opening of the new Lynchburg bridge marks the end of phase one, which has been in the works for more than two years.

A big reason why people are walking out the door at Franklin County schools is their low salaries.

Higher food costs and gas prices are putting pressure on local food truck businesses.

Relief at the pump is the goal for one of Gov. Glenn Youngkin’s 38 amendments to Virginia’s two-year state budget. He’s still pushing for a three month gas tax holiday.

The Central Virginia Training Center closed its doors in 2020. The state-owned facility was the county’s largest employer with 1,600 jobs and generated $87 million in annual activity.

AMHERST COUNTY, Va. – With nearly 350 acres in Amherst County, the Central Virginia Training Center is currently vacant, but you can voice your opinion on what should happen to it through a new website. “A lot of people have great ideas, and that’s the point of this process,” said Jeremy Bryant, director of planning and zoning for Amherst County. The tool was part of the plan unveiled Oct. 1 by the Lynchburg Regional Business Alliance and Central Virginia District Commission. The training center was dedicated to serving people with developmental disabilities. “Folks have been very touched by the Central Virginia Training Center in so many different ways, and I think there’s a lot of hunger for change to see that property really revitalized,” said Victoria Hanson, executive director of Amherst County Economic Development Authority.