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U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

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WASHINGTON (AP) — The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous...
Bussiness

US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds

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WASHINGTON (AP) — The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been...
Bussiness

Retail sales rose at healthy pace last month in latest sign of US economy’s health

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WASHINGTON (AP) — Consumers stepped up their spending at retail stores last month, providing a boost to the economy in...
Bussiness

US wholesale inventories rebound marginally in October

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WASHINGTON (Reuters) - U.S. wholesale inventories rebounded moderately in October amid a small rise in stocks of long-lasting manufactured goods....
Bussiness

US construction spending beats expectations in October

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WASHINGTON (Reuters) - U.S. construction spending increased more than expected in October, boosted by single-family homebuilding. The Commerce Department's Census...
Bussiness

US to decide on another round of solar panel tariffs

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(Reuters) - U.S. trade officials are expected to announce on Friday a new round of tariffs on solar panel imports...
Bussiness

US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips

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By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in...
Bussiness

What to know about Howard Lutnick, Trump’s pick for commerce secretary

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WASHINGTON (AP) — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency...
Sports

The markets look to Trump’s economic picks for signals on tariffs

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Donald Trump has been somewhat cagey about his economic and tariff plans since voters elected him president, raising the stakes...
Bussiness

The markets look to Trump’s economic picks for signals on tariffs

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Donald Trump has been somewhat cagey about his economic and tariff plans since voters elected him president, raising the stakes...
Bussiness

Retail sales up solidly in October as Americans showed continued willingness to spend

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WASHINGTON (AP) — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending...
Bussiness

US to award Akash Systems up to $18.2 million for chips production

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By David Shepardson (Reuters) - The U.S. Commerce Department said Wednesday it has agreed to provide up to $18.2 million...
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