U.S. Commerce Department
U.S. government department
📰 Recent Mentions
View Timeline →U.S. Business Investment Thrives Amid AI Boom in Third Quarter
The U.S. experienced a surge in business investment in the third quarter, driven by strong equipment spending and an AI investment boom. This trend highlights…
U.S. Retail Sales Rise Amid Rising Gas Prices: Implications for Global Economy
U.S. retail sales increased by 0.8% in September, primarily due to rising gasoline prices, indicating a mixed economic outlook. This economic data is relevant for…
U.S. New Home Sales Reach Eight-Month High Amid Economic Challenges
Newly built U.S. home sales reached their highest level in eight months due to price cuts and incentives, despite challenges from high mortgage rates and…
U.S. Economy Slows in Q2 Amid Trade Deficit and Strong Consumer Spending
The U.S. economy grew at a slower rate of 1.5% in the second quarter, impacted by a wider trade deficit, despite strong consumer spending and…
U.S. Economic Growth Slows Amid Tariffs and Iran Tensions
The U.S. economy's growth rate slowed to 1.5% in the second quarter, attributed to tariffs and the ongoing tensions related to Iran. This slowdown may…
Wilbur Ross Discusses Iran Conflict and Its Impact on Oil Prices
Wilbur Ross, former U.S. Commerce Secretary under Trump, discusses the implications of potential conflict with Iran on global oil prices. His insights reflect the intersection…
IBM Gains $1 Billion as Iran Considers Peace Deal
IBM has received a significant financial boost from the U.S. Commerce Department, which has implications for international business dynamics. This development occurs alongside Iran's review…
Retail sales growth slowed in April as Iran war fuels higher gas prices
U.S. retail sales growth decelerated in April, as consumers faced higher gas prices exacerbated by the Iran war, leading to reduced spending on non-essential items.…