The Latest Breaking News from the Commerce Department

Taiwan Semiconductor Manufacturing Company cites regulatory costs and a lack of skilled workers as specific impediments. Biden and Congress can fix those without giving out billions of taxpayer dollars.

The Commerce Department has assembled a team to allocate the money Congress provided last year to revitalize the US chip industry.

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Washington (AFP) - New home sales in the United States defied expectations in April to reach a one-year high, the Commerce Department said Tuesday, fueled by increases in the south and the Midwest. 

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

WASHINGTON: US economic growth lost steam in the first quarter this year, the Commerce Department said on Thursday, as the possibility of a mild recession brews while consumer spending weakens.

Washington (AFP) - US economic growth lost steam in the first quarter as gloomier business investment countered a rise in consumer spending, the Commerce Department said Thursday, while the possibility of a mild recession brews.

Washington (AFP) - New home sales in the United States defied expectations to hit a one-year high in March, the Commerce Department said Tuesday, as a lack of existing homes bolstered demand in the market for new properties.

Washington (AFP) - New home sales in the United States grew more than anticipated in March, the Commerce Department said Tuesday, as a lack of existing homes continued bolstering demand in the market for new properties.