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EXPLAINED: The commerce department - The Real Truth

America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high

U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, the government reported Friday

The Independent UK · Oct 3

Chile's Copper Hits 15-Year Low — and a Mine Strike Could Make It Worse

Chile's August copper output fell to a 15-year low as a major mine faces a strike and the U.S. weighs new tariffs on refined metal.

Latin Times · Oct 2

Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

The former commerce secretary says importers who passed tariff costs on to customers are now being paid back for money they didn’t lose.

Fortune · Oct 1

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US stocks: US market rises as cooler inflation data ease October Fed hike bets

U.S. stocks surged higher as inflation reports came in softer than analysts predicted, easing worries about potential interest rate hikes. The Commerce Department revealed a 3.4% increase in the Personal Consumption Expenditures price index year-over-year. Major players like Apple and Alphabet enjoyed price rises, contributing to a notable boost in…

The Economic Times · Sep 30

The U.S. Economy Grew More Than Previously Estimated In Q2 As Consumer Spending Remains Strong

The economy grew 2.2% between April and June, the Commerce Department noted.

International Business Times · Sep 30

Congress continues back-seat role as AI execs feted at White House

Following a meeting at the White House with President Donald Trump and technology moguls, Speaker Mike Johnson, R-La., on Tuesday pushed back on calls to impose regulations on artificial intelligence, even as news of worrisome AI models hacking into government databases become increasingly common and the public grows more skeptical…

Roll Call · Sep 29

Trump's mail-in voting agenda revealed

ProPublica reveals the extent of the White House’s role in trying to dictate how mail-in ballots are processed

Salon · Sep 29

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Senators press administration for answers on broadband funds

A bipartisan group of senators is pushing the Commerce Department to release long-delayed guidance for states seeking to use remaining funds from a $42 billion broadband grant program. In a letter first shared with CQ Roll Call, Sen. Jeanne Shaheen, D-N.H., with Senate Appropriations Chair Susan Collins, R-Maine; Angus King,…

Roll Call · Sep 29

OpenAI's AI agents ‘went rogue’, targeted US government websites without lab’s knowledge: Report

OpenAI AI agents targeted US government websites, including those of the Education Department, Commerce Department and SEC, without the company’s knowledge, The New York Times reported. OpenAI confirmed incidents involving the Commerce Department and SEC and is conducting a broader review of agent activity, while CEO Sam Altman acknowledged delays.

The Economic Times · Sep 26

The U.S. Government Is Preparing to Offload Over 9 Million GlobalFoundries Shares. How You Should Play GFS Stock in Response.

The federal government has filed to sell shares of GFS stock tied to a chip-funding deal, even as new federal awards keep flowing in.

Barchart · Sep 18

Washington’s AI Safety Push Meets Anthropic CEO Amodei’s Call to Slow AI Development. What That Means for Nvidia and Chip Stocks.

Washington’s push for AI safety rules and calls from industry leaders to slow frontier AI development could weigh on chip stocks in the near term, but the ultimate impact hinges on whether those efforts actually curb AI infrastructure spending.

Barchart · Sep 16

Breaking Down the Impact of the CHIPS Funding Deal for Quantum Firms

The Commerce Department awarded $100 million CHIPS Act grants each to D-Wave Quantum, Rigetti Computing, and Quantinuum, while IonQ was notably excluded from this funding round.

MarketBeat · Sep 15

NTIA opens door to new federal broadband grants

More broadband deployment funding could be headed to states to serve locations missed in earlier rounds of a $42 billion federal grant program. The Commerce Department’s National Telecommunications and Information Administration announced Thursday that it plans to accept new proposals from states under the Broadband Equity, Access and Deployment program.…

Roll Call · Sep 4

New US export controls reportedly target Chinese access to remote AI servers — Trump admin's cut-down AI diffusion rule could be shared with industry as soon as September

The Trump administration is reportedly drafting a rule to close a loophole around remote access to advanced AI compute, and it could be shared with trade groups as early as September.

Tom’s Hardware · Aug 28

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International Business Times · Aug 14

Retail Sales See The Biggest Drop In More Than a Year. The Fading Effect Of Tax Refunds May Have Played a Role.

Retail sales declined 0.6% in July, according to data from the Commerce Department.

The Times of India · Aug 10

US lawmaker urges Trump admin to stop advanced chips from reaching China

A senior US Republican lawmaker has urged the Donald Trump administration to enforce stricter controls on advanced semiconductor shipments to China, warning that loopholes could allow Chinese companies to gain access to high-end chips critical to artificial intelligence and military technologies.

The Economic Times · Aug 4

US weighs polysilicon price floor, tariffs to counter China in solar and chips

The Trump administration plans price floors and tariffs on polysilicon imports. This move aims to protect domestic factories and compete with China's ambitions. The decision impacts solar panel and semiconductor manufacturing supply chains significantly. Importers investing in US production may offset associated trade protection costs. China criticizes the trade investigation,…

The Economic Times · Jul 31

Donald Trump orders restrictions on export of critical minerals scrap, White House officials say

President Trump signed an order to block old electronic waste exports. This aims to boost domestic recycling and critical mineral recovery efforts. The move seeks to counter China's dominance in vital material supply chains. Recapturing minerals already in the US offers a faster solution. This action supports national security and…

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The Independent UK · Jul 30

Inflation rose 3.7% last month – way above its target, fueling more public frustration

The Federal Reserve opted to keep its benchmark interest rate unchanged for the fifth consecutive meeting on Wednesday

Roll Call · Jul 23

AI companies would need ‘kill switch’ under new bipartisan bill

The most powerful frontier artificial intelligence models would need a “kill switch” under new bipartisan legislation released days after a frontier model went rogue to hack another AI company. The bill, introduced Thursday, would also give the Department of Homeland Security new power to order model shutdowns, as AI labs…

The Economic Times · Jul 22

Legally or not, US government is controlling global access to world's most powerful AI

The US Commerce Department ordered Anthropic to block foreign nationals from advanced AI models. This action disabled Anthropic's models, citing national security concerns and impacting users globally. Restrictions were lifted after Anthropic enhanced safety guardrails, which reduced model intelligence and performance. The incident questions the government's role as an AI…

The Conversation · Jul 21

Legally or not, the US government is controlling global access to the world’s most powerful AI

When the U.S. Commerce Department ordered Anthropic on June 12, 2026, to immediately prevent all foreign nationals from using the artificial intelligence company’s two most advanced large language models, it disabled its Claude Fable 5 and Mythos 5 models within hours, making them inaccessible to everyone.

The Economic Times · Jul 20

Trump administration may ban Chinese AI models, Axios reports

The Trump administration is exploring ways to limit access to advanced Chinese AI models. This move could benefit American companies like OpenAI and Anthropic. Previous efforts to ban foreign open-source models have been revived due to Kimi's emergence. Cybersecurity concerns and national security advocates are now pushing for these restrictions.…

The Economic Times · Jul 16

US retail sales lose steam in June as consumers pull back

In June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared to the previous month’s robust showing. Notably, spending declined across essential sectors like vehicles and food stores.

The Economic Times · Jul 15

US official says Nvidia has begun shipping powerful H200 AI chips to China

In May, ⁠Reuters reported ⁠the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at the time. Sources said at the time that Alibaba, Tencent and ByteDance were among those approved.

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