The Latest Breaking News from Commerce Department

Companies Seeking CHIPS Act Subsidies Are Encouraged To Double-Dip

At least a dozen states have beefed up targeted incentives to coincide with handouts from the Commerce Department.

Reason · Sep 28, 2023

The U.S. imports most of its solar panels. A new ruling may make that more expensive

The Commerce Department says solar panel makers in four Southeast Asian countries are evading U.S. duties on Chinese solar components. The finding could raise costs in the United States.

WEKU · Aug 18, 2023

Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month

Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department.

Chicago Sun-Times · Aug 15, 2023

Nasdaq Futures Outperform, Economic Data In Focus As Market Seeks Rebound

Tech stocks poised for recovery as market sentiment improves after pullback

Zenger · Jun 29, 2023

Orders for US business equipment increase for a second month

Orders placed with U.S. factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing costs and economic uncertainty.

Tribune News Service · Jun 27, 2023

Biden is set to announce how billions of dollars for expanding broadband access will be distributed

President Joe Biden will announce how much money each state is set to receive from the largest-ever federal investment in broadband expansion

The Independent UK · Jun 26, 2023

"No basis in fact": U.S. slams China claim that chipmaker Micron poses national security risk

Chinese agency tells operators of "critical information infrastructure" to stop buying Micron's products.

Axios · May 22, 2023

Commerce Department starts process to fund tech hubs across the US with $500 million in grants

The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs

The Independent UK · May 12, 2023

Supreme Court to decide major case on federal rule-making power - Roll Call

The Supreme Court will decide a challenge over how courts assess federal rule-making, setting up a major case on executive agency power.

Roll Call · May 1, 2023

House votes to restore solar panel tariffs paused by Biden

The House voted Friday to reinstate tariffs on solar panel imports from several Southeast Asian countries

The Independent UK · Apr 28, 2023