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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...

US finalizes $123 million chips award for Polar Semiconductor

By David ShepardsonWASHINGTON (Reuters) - The U.S. Commerce Department said on Tuesday it had finalized a $123 million grant for Polar Semiconductor to expand...

Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

NEW YORK (AP) — The Commerce Department said Monday it's seeking a ban on the sale of connected and autonomous vehicles in the U.S....

US to propose barring Chinese software, hardware in connected vehicles, sources say

WASHINGTON (Reuters) - The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on...

US to propose barring Chinese software, hardware in connected vehicles, sources say

WASHINGTON (Reuters) - The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on...

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