Fed Chair Jerome Powell requests IG review of $2.5B building renovations after White House slams rising costs and alleged lavish spending.

Amentum is laying off 56 Richmond area employees by Aug. 31 due to losing a nearly two-decade old contract with tobacco manufacturer Altria.

U.S. stocks dip slightly as Trump’s new 30% tariffs on Mexico and EU stir investor uncertainty. Markets eye possible reversals before Aug. 1.