Gross domestic product grew at a 4.3 percent annual rate, faster than the previous three months.
Category: Commerce Department
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Democratic Lawmakers Request Review of Howard Lutnick’s Possible Conflicts
Lawmakers in the House and the Senate asked a government watchdog to determine if Howard Lutnick is following ethics guidelines in promoting data centers that benefit his family’s businesses.
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As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
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Why Europe and the United States Are Still Haggling on Trade
While the two sides reached a broad agreement months ago, American officials will visit Brussels this week to discuss the details. Europe has a wish list, but so does the United States.
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Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy
Howard Lutnick is helping push data center projects. His family companies are profiting from them.
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Trump Officials Prepare Tariff Exemptions, Seeking to Lower Food Prices
If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.
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Trump Administration Backs Plan for New Nuclear Plants
The federal government announced that it would back an effort to build several Westinghouse nuclear reactors, but offered few details.
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The Small Company in Europe Caught in the Big Trade War Between the U.S. and China
Nexperia, a computer chip maker headquartered in the Netherlands, was taken over by the Dutch government after pressure from officials in Washington.
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Trump Expands Tariffs Beyond Supreme Court’s Reach
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits.
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What a Potential Apple-Intel Deal Says About Trump’s Pull Over Big Tech
Talks about a potential investment by the iPhone maker raise further questions about the chip giant, which now has close ties to Washington.