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The Commerce Department previously estimated that the economy fell 0.2% in the first quarter. Economists had forecast no change in the department’s third and final estimate.
The Commerce Department on Thursday released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
The Commerce Department released its PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
Inflation was still mild in April even as some tariffs began to go into effect, according to Commerce Department data released Friday morning, though economists largely expect the oft-changing ...
The Wiretap is your weekly digest of cybersecurity, internet privacy and surveillance news. To get it in your inbox, subscribe here. The Commerce Department’s announcement marking the change is ...
The Commerce Department framed the investment as part of what it said is the Trump administration's "push to restore America's manufacturing strength, advance America's role as a technology leader ...
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