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The Latest Breaking News from Commerce

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days

The Independent UK

Commerce pick Lutnick defends tariffs, funding freeze - Roll Call

Howard Lutnick, Trump’s pick for Commerce Department head, told senators Wednesday he'll crack down on those who treat the U.S. “horribly.”

Roll Call

J.D. Vance Endorses Howard Lutnick For Commerce Secretary

Vice President J.D. Vance endorses Howard Lutnick for Commerce Secretary, highlighting his innovation and sales skills.

Top News

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Commerce oversees everything from weather and salmon to trade and census − here are 3 challenges awaiting new secretary

The U.S. secretary of commerce oversees the smallest but arguably most complex of all Cabinet-level departments.

The Conversation

This Stock Just Announced a Deal With OpenAI. Could It Be an Unexpected Buy?

eBay’s partnership with OpenAI could redefine e-commerce innovation and secure long-term growth.

Barchart

Trump won't deliver on maximum tariff pledges, says his former commerce secretary

EXCLUSIVE: Wilbur Ross, who served as commerce secretary in Trump’s first cabinet, said the president will not have to follow through on tariff threats.

Fortune

With Trump 2.0, the balance of power shifts from banks to Silicon Valley

What the new administration could mean for financial technology—and beyond.

Fortune

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Trump administration will back CHIPS and Science Act hints outgoing Commerce Secretary

Next U.S. Commerce Secretary reportedly plans to continue implementing CHIPS and Science Act program.

Tom’s Hardware

Trump will be more 'confident' in second presidency, says his former commerce secretary—and Elon Musk won't present a problem

EXCLUSIVE: President-elect Trump will be buoyed in his second round at the White House by experience and a team already in place, said former Secretary of Commerce Wilbur Ross.

Fortune

Chinese cars are close to a US ban – and that could make EVs a lot more expensive

As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.

TechRadar

3 Niche Transportation Stocks Moving Markets

With rising global trade operations, the prevalence of e-commerce platforms, and improving accessibility, the prospects of the transportation market appear promising. Amid this, investors could consider buying robust transportation stocks FedEx Corporation (FDX), Matson (MATX), and Teekay Corporation (TK) for substantial gains in 2025. Read more.

StockNews.com

TSMC's Arizona Fab 21 is already making 4nm chips — yield and quality reportedly on par with Taiwan fabs

U.S. Commerce Secretary confirms that TSMC's fab near Phoenix, Arizona, is already producing chips.

Tom’s Hardware

US Mulls New Restrictions On Chinese Drones

The United States is considering new rules to address risks posed by drones with tech from foreign adversaries like China and Russia, the Commerce Department said Thursday.

International Business Times

Democrats' first battle of 2025: Doge

Why the new year must begin in defense of federal workers

Salon

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PC Gamer

PC Gamer's biggest hardware stories of 2024: Elon Musk, the rise and rise of AI, brilliant builds, the humbling of big tech giants, orb pondering aplenty, and much more

Looking back at another year of head-turning headlines, as decided by you.

Tom’s Hardware

US Senate finds Commerce Department’s efforts to enact bans and sanction “inadequate” — investigation finds agency underfunded, must rely on voluntary compliance by chipmakers

The U.S. Senate found that the Department of Commerce isn't effective in enforcing Washington's bans and sanctions due to lack of funding.

StockNews.com

3 E-Commerce Stocks to Watch This Holiday Season

The e-commerce industry is booming due to the continuous expansion of internet services, rising demand for online platforms, and advanced technologies like AI. Also, considering the holiday season, it could be wise to consider quality e-commerce stocks Shopify (SHOP), MercadoLibre (MELI), and Carvana (CVNA). Continue reading.

Tom’s Hardware

US Department of Commerce finalizes $458 million grant for SK Hynix to build Indiana packaging plant — plans to lend an additional $500 million for Lafayette project

SK Hynix gets $458 million from the U.S. government via the CHIPS Act to build an HBM packaging plant in Indiana.

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International Business Times

What To Know About A Blockchain Measure Included In The Shutdown-Averting Stopgap Bill

Congressional leaders unveiled a 1,547-page stopgap bill to avert a government shutdown that could have kicked off Saturday, and squeezed into the bill is a measure that specifically tackles the deployment of blockchain technology.

The Independent UK

US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds

The U.S. Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons

Roll Call

At House Science, Babin aims to boost commercial spaceflight - Roll Call

Rep. Brian Babin, incoming chairman of the House Science Committee, is an outspoken advocate for greater commercial access to space.

International Business Times

Cantor Fitzgerald, Run By Trump's Commerce Department Pick, Accused Of Misleading Investors

The global financial services firm paid $6.75 million to settle the charges brought by the Securities and Exchange Commission.

StockNews.com

3 E-Commerce Stocks Winning the Holiday Shopping War

Amidst the social media trends, changing customer preferences, and convenience of online purchasing, the e-commerce market is thriving. Therefore, it might be a good time for investors to scoop up the shares of top e-commerce companies such as Amazon.com (AMZN), Walmart (WMT), and CarGurus (CARG), which are winning the holiday…

Benzinga

SkyWater Technology Shares Rise As Semiconductor Maker Secures $16 Million In Federal Funds

SkyWater shares are up following an announcement about securing up to $16 million in funding administered by the U.S. Department of Commerce.

TechRadar

US sanctions still allow Huawei 'case-by-case' access to chip-making equipment

The chair of the China Select Committee has criticized Biden’s anti-China sanctions for not being uniform and effective.

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