The Latest Breaking News from Commerce Department

Sales Of New US Homes At Highest Level In Over A Year

Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates.

International Business Times · Oct 24, 2024

U.S. Seeks to Ban Powersport Manufacturer CFMoto, Just Like TikTok and Others

Last week, the Commerce Department proposed new rules that would ban "connected vehicles" with ties to China and Russia by model year 2027.

RideApart · Oct 3, 2024

Inflation Continues To Cool, Paving Way For More Interest Rate Cuts

The Federal Reserve's preferred inflation measure rose just 0.1% in August, according to Commerce Department data

International Business Times · Sep 27, 2024

Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

A ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware is being sought by the U.S. Commerce Department, with the stated goal of protecting national security and U.S. drivers

The Independent UK · Sep 23, 2024

U.S. Aims To Ban Cars With Software, Hardware Links To China

Forget tariffs on EVs. Proposed new U.S. Commerce Department rules would ban cars with digital links to China from 2027 onward.

InsideEVs · Sep 23, 2024

US Set To Announce Planned Ban On Chinese Vehicle Technology: Report

The Commerce Department is expected to unveil the proposed prohibitions on Monday, following an investigation ordered by President Joe Biden.

International Business Times · Sep 22, 2024

Intel cleared to get $3.5 billion to make advanced chips for Pentagon — Secure Enclave program ushers leading-edge CPUs to the military

Intel will get a $3.5 billion federal grant to make chips for military applications under the Secure Enclave program.

Tom’s Hardware · Sep 14, 2024

Dow Hits Yet Another Record High

It pops up to 41,563.08 points fueled by favorable inflation news from the Commerce Department

International Business Times · Aug 31, 2024

Chinese entities use restricted GPUs on Amazon and Microsoft cloud services: Report

Chinese entities continue to use Nvidia's A100 and H100 GPUs for their AI projects though cloud access.

Tom’s Hardware · Aug 23, 2024

U.S. lawmakers request probe into Chinese router manufacturer TP-Link — letter cites cybersecurity vulnerabilities with TP-Link routers

Citing multiple vulnerabilities, hacking groups, and extensive use by military personnel and bases, two U.S. congressmen jointly requested the Department of Commerce investigate potential threats from TP-Link's Chinese-made routers.

Tom’s Hardware · Aug 19, 2024