Category: Commerce Department

U.S. Trade Deficit Dips in June as Imports Fall Back

The New York Times – Business:
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
U.S. Economy Grew More Slowly in the Second Quarter

The New York Times – Business:
Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.
Trump Promised a Foreign Investment Boom. It’s Getting Harder to Deliver.

The New York Times – Business:
The threat of tariffs may have helped push more capital into the United States, but other factors are pushing it away.
Trump’s World Cup Intervention Roils the Soccer World, and Beyond

The New York Times – Business:
The U.S.-Belgium soccer game is turning out to be a huge deal even before it kicks off on Monday, thrusting politics into the spotlight.
Anthropic Won a Reprieve From the Trump Administration. Is It Enough?

The New York Times – Business:
The company can restore access its most powerful A.I. models. But Silicon Valley remains worried about the Trump Administration’s heavier hand on regulation.
Intel’s Chip Business Shows Signs of Life After Years of Struggle

The New York Times – Business:
It is the centerpiece of President Trump’s drive to make more chips in the United States, but the company still has a long way to go before it can be called a complete turnaround.
U.S. Invests $2 Billion and Takes Stake in Quantum Firms

The New York Times – Business:
The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
China Sought Access to Anthropic’s Newest A.I. The Answer Was No.

The New York Times – Business:
The latest artificial intelligence models from Anthropic and OpenAI are extending the United States’ lead over China and intensifying the rivalry between the countries.
Howard Lutnick to Face Questions From Congress About Epstein Ties

The New York Times – Business:
The commerce secretary is set to be interviewed Wednesday in a closed-door session with the House Oversight Committee
U.S. Trade Deficit Grew in March

The New York Times – Business:
Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices

The New York Times – Business:
Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise

The New York Times – Business:
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.