Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...
Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by...
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Even though the most recent spike in gasoline prices didn’t fully kick in until the last few days of February following Russia’s attack on Ukraine,...
Total retail sales slowed to a much weaker than expected 0.3% in November, as sharp declines at department stores and electronics and appliance dealers pulled...
The U.S. Department of Commerce has put together a committee to advise President Joe Biden and other federal agencies on issues related to artificial intelligence...
Disposable personal income fell by 1.4 percent in June to $255 billion while personal spending increased $738 billion, a nearly 6 percent rise, according to the...
There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2)...
Spending on the part of U.S. consumers picked up during the month of November, with the order of capital goods increasing for the tenth month...