When it comes to technological advances, the small things frequently have the biggest impact. And for the 21st century’s connected economy, there is no bigger,...
First the big-ticket items. Then, consumers may throttle back on what they spend on … well, everything else. To that end, as reported on Wednesday...
Spending among U.S. consumers fell last month as shoppers focused on their basic needs. Numbers released Wednesday (March 15) by the Commerce Department showed sales...
The U.S. Department of Commerce (DOC) has doubled down its prohibition against Huawei Technologies Co.’s purchase of technology and software from U.S companies, alleging it...
U.S. consumer spending skyrocketed in May for the biggest jump on record, but the news was offset by a drop in personal income and the...
The U.S. Department of Commerce (DoC) is on the verge of green-lighting a collaboration with Huawei Technologies in China to cooperatively develop 5G standards, according...
The U.S. Department of Commerce released its retail sales results for March, showing record-setting declines due to changes in consumer behavior and the COVID-19 lockdown....
Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S....
Retail sales in the U.S. declined in April, according to the latest figures released by the Commerce Department. Retail sales were down 0.2 percent in...