Commerce Department
-
Business
U.S. Economic Growth Slows to 1.5% in Second Quarter Amid Import Drag and Inflation Pressures
A widening trade deficit driven by surging imports pulled U.S. economic growth down to an annualized rate of 1.5% in…
Read More » -
Business
US Economic Growth Decelerates to 1.5% in Second Quarter, Missing Forecasts
American economic expansion cooled noticeably in the second quarter of the year, driven by a sharp deceleration that pulled growth…
Read More » -
Business
Core Inflation Cools to 0.1% Monthly Pace as PCE Benchmark Hits Expectations
Headline inflation eased sequentially in June as underlying price growth moderated, according to official data released by the U.S. Commerce…
Read More » -
Crypto
Jurisdictional Dispute Clouds Future of Trump’s Strategic Bitcoin Reserve
The Trump administration’s ambition to transform the United States into a global cryptocurrency hub has encountered a significant internal hurdle…
Read More »