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Tag: Commerce Department

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U.S. Economy Shows Another Decline, Fanning Recession Fears

A key measure of economic output fell for the second straight quarter, raising fears that the United States could be entering a recession —...

Economy Contracted in the First Quarter, but Underlying Measures Were Solid

The U.S. economy contracted in the first three months of the year, as supply constraints at home, demand shortfalls abroad and rapid inflation worldwide...

U.S. Economy Grew 1.7% in 4th Quarter, Capping a Strong Year

Even so, the average business owner “sees a very strong environment right now,” said Oren Klachkin, the lead economist for U.S. industry and regional...

Retail Sales Fell in December, a Slowdown in a Robust Holiday Shopping Season

Retail sales fell 1.9 percent in December, the Commerce Department reported on Friday, reflecting a slowdown during an otherwise robust holiday shopping season that...

Mortgage Bills Are Coming Again. $10 Billion in Aid May Arrive First.

“It all comes out of savings, and that is kind of dwindling,” she said.Each program sets its own rules, including how long it provides...

U.S.-China Relations: What to Know

No relationship is shaping the planet more. And no relationship seethes, across such a wide and consequential set of issues, with more tension and...

European Steel Plan Shows Biden’s Bid to Merge Climate and Trade Policy

WASHINGTON — President Biden has promised to use trade policy as a tool to mitigate climate change. This weekend, the administration provided its first...

The U.S. blacklists the NSO Group, an Israeli spyware firm.

The Biden administration blacklisted the NSO Group, an Israeli cyber-surveillance company, on Wednesday, saying that the company had supplied spyware that was used by...

Retail Sales Rose in August, Highlighting Uneven Consumer Spending

Retail sales increased slightly in August, the Commerce Department reported Thursday, highlighting an uneven pace for the economic recovery as spending behavior swings month...

Commerce Dept. Will Shutter Unit That Conducted Rogue Investigations

WASHINGTON — The Commerce Department plans to shut down a little-known internal security unit that came under scrutiny by Congress for conducting rogue surveillance...

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