Trump administration bans WeChat, TikTok from U.S. app stores starting Sunday

Sep 18, 2020
The Commerce Department says, starting Sunday, neither app can be downloaded or updated in the U.S.
Drew Angerer/Getty Images

Consumer spending rises — for now

Jun 26, 2020
An 8% uptick in May follows a 20% drop over March and April. That's the good news. There are plenty of potential economic blows on the horizon.
Consumer spending in the United States shot up a record 8.2% in May, but it doesn't mean recovery is on the way.
Spencer Platt/Getty Images

Retail sales falter in September

Oct 16, 2019
Will consumers stop propping up aging economic recovery?
Retail sales fell in September, surprising experts. But it doesn't mean the economy is trending down.
Andreas Rentz/Getty Images

Durable goods slump in April

May 24, 2019
Orders for autos, metals and business machinery were all down.
A customer shops for washers and dryers at Lowe's in Burbank, Calif.
Kevork Djansezian/Getty Images

To exempt or not: How the Commerce Department decides who pays steel tariffs

Nov 9, 2018
Data suggests industry objections weigh heavily in decisions.
A worker prepares to lift a roll of steel with a crane at a shipyard in Nantong in China's eastern Jiangsu province in May.
AFP/Getty Images

Tariff exemption process remains "frustrating" for companies submitting applications

Nov 7, 2018
Ronnie Smith at McMahon Steel is not convinced the people evaluating his requests were prepared to do so.
A worker handles steel cables at a factory in Nantong in China's eastern Jiangsu province in July. 
AFP/Getty Images

Trump has you to thank for those good GDP numbers

Jul 27, 2018
This post was updated on July 27 at 7:54 a.m. CT. The Commerce Department has released second-quarter gross domestic product numbers this morning, showing that the U.S. economy grew at an annual rate of 4.1 percent — the fastest pace since 2014. That figure was driven by exporters rushing to get products delivered ahead of […]
People walk through a Manhattan shopping mall on June 28, 2018 in New York City. 
Spencer Platt/Getty Images

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As new tariffs are announced, Commerce Dept. faces crunch over exclusion applications

Jun 15, 2018
U.S. tariffs announced today will affect more than 800 products from China, everything from aircraft tires and boat motors to cranes and bulldozers. Government officials say they’ll give U.S. companies the chance to request that certain products they import from China be excluded from the tariffs. Already, thousands of companies have filed applications with the […]

The U.S. trade deficit got smaller in April but a wider lens shows a less rosy picture

Jun 6, 2018
Fluctuations in the trade deficit coupled with recent trade tensions cause a rebalancing of trade flow.

Congress weighs changes to foreign investment oversight

May 21, 2018
The Foreign Investment Risk Review Modernization Act is likely headed for a vote in the Senate Banking Committee on Tuesday.
The flag of the People's Republic of China hangs next to an American flag in New York.
Chris Hondros/Getty Images