Commerce oversees everything from weather and salmon to trade and census − here are 3 challenges awaiting new secretary
The U.S. secretary of commerce oversees the smallest but arguably most complex of all Cabinet-level departments. Established ...
US Reported to Investigate If DeepSeek Bypasses Export Curbs on Nvidia Chips
The U.S. Department of Commerce is investigating whether Deepstart has been using American chips that are banned from export ...
Trump Claimed US Military 'Turned on the Water' in Fire-Scorched California. Here's What We Know
It's unclear exactly what, if anything, was "turned on" in California, but the Department of Water Resources said no military ...
JD Supra6d
Commerce Department Unveils New Rules on Responsible Diffusion of Artificial Intelligence Technology
On January 13, 2025, the US Department of Commerce’s Bureau of Industry and Security (BIS) published an interim final rule (IFR) on artificial intelligence diffusion (AI IFR) that includes ...
US new home sales exceed expectations; rising supply curbs house price growth
Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity ...
JD Supra3d
US Commerce Dept. Rule Expands Licensing Requirements for AI-Related Materials
On January 13, 2025, the Department of Commerce, Bureau of Industry and Security (BIS) released an interim final rule establishing (i) expanded export licensing requirements for the export of ...
US new home sales beat expectations in December
Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity ...
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
Boise State Public Radio3d
Trump's pick for Commerce Secretary is Howard Lutnick. Here's what to know
The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump ...
Business Times2d
US inflation rises in December; consumer spending accelerates
US PRICES increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...