Commerce Department

WASHINGTON -- The U.S. economy grew at an annualized rate of 6.5% in the second quarter, as vaccinations that released pent up consumer activity finally lifted the nation out of the pandemic-sized crater it had been in for more than... Read More

WASHINGTON — A Trump-era regulation allowing the Department of Commerce to block technology-related business transactions determined to be national security threats will remain in place, against the wishes of some of the country's business stakeholders. The rule, scheduled to take... Read More

WASHINGTON - The U.S. economy shrank at an annual rate of 32.9% in the second quarter -- the worst quarterly decline ever -- amid a coronavirus pandemic that shuttered businesses and threw millions out of work. The Commerce Department's estimate... Read More

WASHINGTON - Democrats attacked the president’s plan to exclude illegal immigrants from the 2020 Census during a congressional hearing Wednesday while Republicans said they wanted to prevent foreign influence. The House Oversight Committee held what it called an “emergency hearing”... Read More

WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants to reopen and consumers were finally allowed to venture out and spend federal stimulus checks and tax refunds. According to... Read More

The U.S. economy grew at a strong 3.1% rate in the first three months of the year, the Commerce Department said Thursday, though much of the gain was due to temporary factors that have likely faded over time. The nation's... Read More