Virginia fell from its top spot on CNBC’s closely watched list of the “Top States for Business” thanks to economic threats posed by cuts to the federal workforce.

Reduction in the state's federal workforce has dropped Virginia to fourth place nationally, marking its lowest ranking in seven years.

Virginia loses No. 1 spot in America’s Top States for Business in 2025 as President Trump’s federal government job cuts hit the state economy.

Virginia Gov. Glenn Youngkin (R) owns property on the Guadalupe River in Texas that was affected by the deadly July 4 floods. His family members are safe.

Virginia Gov. Glenn Youngkin says his family members are safe after getting stranded by the catastrophic flooding last week in Texas that killed more than 100 people. Youngkin said he had family and friends in central Texas when the flooding hit in the early morning of July 4.

Our hearts go out to the families and communities in Texas who have been devastated by these historic floods' — Governor Glenn Youngkin