The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China and other nations deemed as adversaries. Alan Estevez, the department’s export controls chief, announced last week that the rules will...
The latest data on personal spending matched expectations. And the parlor game as to whether the Fed will pause or even cut interest rates continues. Yet the Personal Consumptions Expenditures index (PCE), as released by the Commerce Department on Thursday (Nov. 30), shows that the prices for...
With the dual punches of runaway inflation and the ongoing Russian attack on Ukraine, consumer spending in February went up at a slower pace of 0.2%, down from a revised 2.7% increase in January, according to the Thursday (March 31) report from the U.S. Commerce...
The U.S. Commerce Department on Wednesday (Nov. 24) released a report showing a surprise drop in new orders for durable goods manufactured in the country in October, with the decline in new orders for transportation equipment seen as the primary culprit. Durable goods orders fell...
July 23, 2024
The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China and other nations deemed as adversaries. Alan Estevez, the department’s export controls chief, announced last week that the rules will target components responsible for managing vehicle software and data, requiring […]
March 31, 2022
With the dual punches of runaway inflation and the ongoing Russian attack on Ukraine, consumer spending in February went up at a slower pace of 0.2%, down from a revised 2.7% increase in January, according to the Thursday (March 31) report from the U.S. Commerce Department. Consumer spending accounts for more than two-thirds of U.S. […]
November 24, 2021
The U.S. Commerce Department on Wednesday (Nov. 24) released a report showing a surprise drop in new orders for durable goods manufactured in the country in October, with the decline...
November 22, 2018
Orders for durable goods in the U.S. declined the most in 15 months in October as demand for transportation equipment suffered a sharp decline, the Financial Times reported. According to...
January 18, 2016
New figures from the U.S. Commerce Department show that the retail industry last year experienced its worst sales since 2009. Bloomberg shared figures on Friday (Jan. 15) indicating that 2015...
