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Commerce Department

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

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

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

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

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

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

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

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

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

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

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

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

US factory orders fall a second straight month in September

(Reuters) - New orders for U.S.-manufactured goods fell for a second straight month in September, and business spending on equipment...

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping...

Harris to highlight how government funding for computer chip makers can create factory jobs

WASHINGTON (AP) — Kamala Harris planned Monday to highlight how government funding for computer chip manufacturers could create factory jobs in the electoral battleground...

Proposed Biden Chinese car tech ban could cut up to 25,000 US auto sales

WASHINGTON (Reuters) - The Commerce Department said Friday that new rules proposed to ban Chinese connected vehicles and key Chinese software and vehicle hardware...

Instant view: August US PCE inflation cools to within reach of Fed target

(Reuters) - The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported...

US economy grew at a solid 3% rate last quarter, government says in final estimate

WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business...

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