Commerce Department

China says it would welcome a visit by US Commerce Sec.

China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies. Chinese…

Business Market News Top Story US

Consumer spending beats expectations in April

News Tech & Science Top Story US

Commerce Dept. to fund tech hubs with $500M

Consumer Prices rose by 0.3% in February

March 31, 2023

The cost of U.S. goods and services rose by a milder 0.3% in February, perhaps a sign the Federal Reserve’s fight against high inflation showed grudging progress. Prices had risen…

EPA awards $1B to clean 22 toxic waste sites

February 10, 2023

The EPA announced an initial $1 billion in funding from the infrastructure law in December 2021. That will help the projects to clean up 22 toxic waste sites across the…

US Economy returned to Growth last Quarter

October 27, 2022

US Economy returned to Growth last Quarter Newslooks- WASHINGTON (AP) The U.S. economy has likely returned to growth after having shrunk in each of the first two quarters of 2022.…

US Consumers spent slightly more in August

September 30, 2022

US Consumers spent slightly more in August Newslooks- WASHINGTON (AP) Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as…

U.S. Long-Term Mortgage Rates Up at 6.7%

September 29, 2022

U.S. Long-Term Mortgage Rates Up at 6.7% Newslooks- WASHINGTON (AP) Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15…

US: A New Trade Deal with 12 Asian Nations

September 23, 2022

US: A New Trade Deal with 12 Asian Nations Newslooks- WASHINGTON (AP) The U.S. is outlining its goals for a new trade deal with Australia, Japan, South Korea and nine…

Biden: $1B grants for Economic, clean Energy projects

September 2, 2022

Biden: $1B grants for Economic, clean Energy projects Newslooks- WASHINGTON (AP) President Joe Biden and Commerce Secretary Gina Raimondo are announcing on Friday $1 billion worth of federal grants for…

New steps from Biden to push solar energy

June 6, 2022

In response to soaring inflation and the Russia-Ukraine war driving up the price of gas, President Joe Biden is taking measures to make solar energy more prevalent. He is trying…

Biden to meet Powell as inflation drains pocketbooks

May 31, 2022

President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell, as massive inflation keeps plaguing Americans, and the Biden Administration seems powerless, or unwilling to stop it,…

Inflation moderating from 6.6% to 6.3%, but still high

May 27, 2022

Inflation has finally slowed a tiny bit, the first time since November 2020. It was up to 6.6% in March, but in April it dropped slightly to 6.3%, according to…

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