U.S. Commerce Department

Australia and US Propose Oversight as Industry Urges California AI Bill Signing
Australia and US Propose Oversight as Industry Urges California AI Bill Signing
September 11, 2024  |  Artificial Intelligence

Artificial intelligence experts are advocating for safety legislation in California, while Australia is introducing a national AI regulation plan, marking a worldwide trend toward increased...

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Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

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...

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

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....

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Dual Punches of Inflation, Russian Attack Trigger Consumer Spending Slowdown
Dual Punches of Inflation, Russian Attack Trigger Consumer Spending Slowdown
March 31, 2022  |  Economy

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...

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Aircraft Demand Drop Triggers Downturn in US Durable Goods Orders
Aircraft Demand Drop Triggers Downturn in US Durable Goods Orders
November 24, 2021  |  Economy

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...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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Durable Goods Order Decline Steepest In 15 Months
Durable Goods Order Decline Steepest In 15 Months
November 22, 2018  |  Economy

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...

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