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You Searched For "US Department of Commerce" and got 20 results


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2 mins read

US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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2 mins read

Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says

Bringing industrial production back to the US could restore growth to the manufacturing sector afte…

Jennifer Sor   


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2 mins read

In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding

Intel CEO addresses employee concerns on US election impact on CHIPS Act funding, emphasizing bipar…

Helen Li   


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2 mins read

Urge India to reconsider PC import restrictions: Top industry groups ask US govt

Top industry groups and tech giants, including Apple and Intel, have sent a letter to the US Depart…

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3 mins read

TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.

TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US…

Huileng Tan,Beatrice Nolan   


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2 mins read

A key US consumer indicator has dipped to 'crisis levels,' SocGen says

The US personal savings rate has dropped below 3%, a level historically associated with recessions,…

Jennifer Sor   


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4 mins read

India offers USD 500 billion investment opportunities in clean energy, green hydrogen and EV by 2030

India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy…

PTI   


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2 mins read

India and the US agree to step up cooperation on semiconductors, critical minerals

India and the US have agreed to closer engagement and cooperation on supply chain, semiconductors a…

ANI   


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US economy expands 2.9 per cent in December quarter

"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal …

ANI   


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3 mins read

China is still getting its hands on US chips — and striking back too

The US has tried to slow China's AI rollout with tough export controls, but China is managing to sk…

Hasan Chowdhury   


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3 mins read

Trump's stance on Taiwan could be devastating for the US economy

Former President Donald Trump could upend the long-standing diplomatic relationship between the US …

John L. Dorman   


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3 mins read

After flat opening to market, Sensex breaches 79,000-mark for first time; Nifty hits new lifetime high

The stock market has hit news heights, with ​​Sensex breaching the 79,000-mark for first time and N…

ANI   


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2 mins read

The Fed will only cut rates once this year because the US economy is too strong, market vet says

Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yarde…

Jennifer Sor   


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2 mins read

Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE

GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.

Jennifer Sor   


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1 min read

Russia's trade with the US plummets to a 3-decade low while its commerce with China surges past $200 billion

The value of trade between Russia and the US totaled $277.3 million in July – the lowest sinc…

Zahra Tayeb   


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1 min read

The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports

The Biden Administration is preparing to announce a new rule that will give the US powers to block …

Beatrice Nolan   


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1 min read

US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows

Semiconductor exports shipped through China and Hong Kong have dropped as much as 28% in the first …

Filip De Mott   


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2 mins read

Navy commander who oversaw carrier strike group in Red Sea says US command rejected suggestions to hit the Houthis harder over concerns about Iran

"Those are things I don't dabble in," said Rear Adm. Marc Miguez, saying US leaders were considerin…

Matthew Loh   


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2 mins read

The US is building more homes than it has in 16 years and it could finally be the break buyers need

Residential construction soared to an annual rate of 1.79 million units in March, beating economist…

Ben Winck   


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7 mins read

US Navy warships are stuck in a Red Sea battle they can't fight forever

American forces have expended a large amount of munitions battling the Houthis, and the conflict do…

Jake Epstein