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Commerce Department

Factory Orders Rise For Fifth Time In Six Months

Bloomberg | Shobhana Chandra | Posted 11.03.2009 | Business

Read More: Economic Recovery, Durable Goods, Recovery, Economy, Ford, Commerce Department, Cars, Texas Instruments, Caterpillar, Factory Orders, Stimulus, Recession, Business News

Orders placed with U.S. factories rose in September for the fifth time in six months, reinforcing signs that manufacturing will drive the economic rec...

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Bloomberg: US GDP Probably Grew 3.2% As Stimulus Took Hold

Bloomberg | Timothy R. Homan | Posted 10.25.2009 | Business

Read More: Recovery, Car Sales, Durable Goods, Gdp, Economy, Cash for Clunkers, Commerce Department, Manufacturing, Economic Growth, Wall Street, Recession, Home Sales, Business News

The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...

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Obama: I Will "Do Everything I Can" To Stop Banks From Killing Safety Agency

Bloomberg | Rich Miller and Julianna Goldman | Posted 11.15.2009 | Politics

Read More: White House, Michelle Obama, Senate Finance Committee, Wall Street, Lehman Brothers, Economy, Barney Frank, President Obama, Commerce Department, Federal Reserve, Financial Crisis, Chris Dodd, Sheila Bair, Banking Industry, China, Politics News

President Barack Obama said job losses are "bottoming out" and the U.S. economy looks to be growing again even as he warned against cutting off govern...

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Chairman of Gazprom Predicts $100 Oil Because of Speculation. Speculation, Really?

Raymond J. Learsy | Posted 11.14.2009 | Business

Read More: Energy, Treasury Department, World, Opec, Trading Exchanges, Speculation, Cftc, Gazprom, Bank Holding Companies, Alexei Miller, State Deoartment, Oil, Russia, Manipulation, Natural Gas, Commerce Department, Philip Verleger, Donald Marron, Green Energy, Cnbc, NY Mercantile Exchange, Business News
Raymond J. Learsy

"Manipulation" is immeasurably more sinister than "Speculation." It bespeaks of controlling, orchestrating and maneuvering to falsify and rig.

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Senate Considers Charging Tourists To Visit U.S.

AP | KEVIN FREKING | Posted 11.09.2009 | Politics

Read More: European Union, Commerce Department, Harry Reid, Tourism, Congressional Budget Office, Senate Bill, Politics News

WASHINGTON — Senators voted Wednesday to charge international travelers a $10 fee to help pay for a new nonprofit corporation that would promote...

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GDP Declines 1 Percent In 2Q, Better Than Expected

AP | MARTIN CRUTSINGER | Posted 09.27.2009 | Business

Read More: Jobless Numbers, White House, Benefit Claims, Unemployment Rate, First-Time Jobless, Economy, Labor Department, Economic Crisis, Commerce Department, Recession, Gross Domestic Product, Unemployment Numbers, Economists, Jobless Rate, Unemployment, Wall Street, Christina Romer, Jobs Report, Gdp, Business News

WASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 p...

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New Home Construction Falls Slightly, Missing Expectations

AP | ALAN ZIBEL, AP Real Estate Writer | Posted 09.18.2009 | Business

Read More: Housing Starts, Commerce Department, New Home Construction, Business News

WASHINGTON -- Construction of new homes and apartments dipped slightly last month, missing expectations, in a sign that the building industry's recove...

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Latest Consumer Spending Data Much Worse Than Expected

Sheldon Filger | Posted 09.17.2009 | Business

Read More: Federal Reserve, Commerce Department, Retail Sales, Consumer Spending, Recession, Interest Rates, Deleveraging-the-Economy, American Consumerism, Automaker Bailout, Wall Street Bailout, Obama Administration, Fiscal Responsibility, Global Economic Crisis, Unemployment Numbers, Global Recession, Federal Bailouts, Consumer Confidence, Unemployment, Economic Stimulus Package, Federal Budget Deficit, Cash for Clunkers, Recession Fears, Consumers, Recession Watch, Business News
Sheldon Filger

The centrality of the U.S. consumer to the overall global economy has meant his pulling back on a debt induced shopping spree, which has sparked a worldwide synchronized recession.

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Retail Sales Dip Unexpectedly, New Jobless Claims Rise

AP | CHRISTOPHER S. RUGABER | Posted 09.13.2009 | Business

Read More: New Jobless Claims, Jobless Rate, Unemployment Rate, Retail Sales, Cash for Clunkers, Commerce Department, Business News

WASHINGTON — A bleak report on retail sales Thursday reinforced a nagging worry of economists: Shoppers won't spend enough to help a recovery ta...

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Are the U.S. Government's Statistics on the Economy to Be Trusted?

Sheldon Filger | Posted 09.01.2009 | Business

Read More: Market Ticker, Commerce Department, GDP Report, u.s. Government Statistics, Karl Denninger, Economic Crisis, Labor Department, Q2 GDP Report, U.S. Economy, Business News
Sheldon Filger

The IRS doesn't consider credit to be income, or else it would tax us on all our debts. However, in the case of the U.S. government measuring GDP, the opposite logic applies.

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Savings Rate At 15-Year High, May Incomes Surge

AP | MARTIN CRUTSINGER | Posted 07.27.2009 | Business

Read More: Savings Rate, Commerce Department, Income Consumer Spending, Economic Recovery, Business News

WASHINGTON _ Households raised their savings rate to the highest level in more than 15 years in May as many used a big boost in money from the governm...

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GDP Q1: Dips At Slightly Lower Pace

AP | Jeannine Aversa, AP Economics Writer | Posted 07.26.2009 | Business

Read More: Labor Department, Q1 GDP, Commerce Department, Gdp, Gdp-Growth, First Quarter GDP, Business News

WASHINGTON (AP) -- The economy tumbled at a 5.5 percent pace in the first quarter, but appears to be doing better now, even though heavy layoffs persi...

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New Jobless Claims Rise Unexpectedly To 627K, 6.7M Still Unemployed

Yahoo! Finance | Christopher S. Rugaber, AP Economics Writer | Posted 07.26.2009 | Business

Read More: Commerce Department, Jobless Claims, Unemployment, Jobless Rate, Unemployment Rate, Unemployment Claims, Business News

WASHINGTON (AP) -- The number of people filing new jobless claims jumped unexpectedly last week, and the total unemployment benefit rolls rose to more...

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May New Home Sales Down 0.6 Percent

AP | ALAN ZIBEL | Posted 07.25.2009 | Business

Read More: New Home Sales, Commerce Department, May Home Sales, Real Estate Sales, Business News

WASHINGTON — New U.S. home sales dipped slightly last month, in another sign that the housing market recovery is likely to be gradual and prolon...

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New Home Construction: May Levels Up 17.2 percent

AP | MARTIN CRUTSINGER | Posted 07.17.2009 | Business

Read More: Housing Starts, Housing Market, New Home Construction, Single Family Home Construction, Commerce Department, Business News

WASHINGTON — Construction of new homes jumped in May by the largest amount in three months, an encouraging sign that the nation's deep housing r...

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Economy Shrank By 5.7 Percent In Q1

Yahoo! Finance | Jeannine Aversa, AP Economics Writer | Posted 06.29.2009 | Business

Read More: 5.7 Percent Economy Shrank, First Quarter Results, Commerce Department, Federal Reserve Chairman, Ben Bernanke, National Associate for Business Economics, Nabe, Business News

WASHINGTON (AP) -- The U.S. economy sank at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into this year. ...

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Housing bottom in sight, but recovery will be slow

AP | MARTIN CRUTSINGER | Posted 06.19.2009 | Business

Read More: Real Estate Crisis, Single-Family Homes, Commerce Department, Housing-Contruction-Low, Housing Permits, Housing Data, Multifamily Homes, Housing Crisis, Business News

WASHINGTON — Single-family home construction posted a modest rebound in April, raising hopes that the three-year slide in housing is leveling of...

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Seize the Net: Save the Net

Leslie Harris | Posted 05.04.2009 | Politics

Read More: Cybersecurity, Commerce Department, Internet, Steel, Harry Truman, President Obama, Intenet, National Security, Computers, Politics News
Leslie Harris

Earlier this week, two Senators introduced a bill that gives the President the power to seize and shut down the Internet or any other "critical infrastructure " in the "interest of national security."

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Remembering Ron Brown and Crafting an Agenda of Sustainable Commerce

Jonathan Greenblatt | Posted 05.03.2009 | Business

Read More: Ron Brown Death, Tesla Motors, Commerce Secretary, Ron Brown, Commerce Department, Obama, Honest Tea, Business News
Jonathan Greenblatt

April 3rd is the anniversary of the death of Commerce Secretary Ronald H. Brown. If he stood among us, I believe he would espouse the power of responsible business.

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February New Home Sales Rise Unexpectedly

AP | ALAN ZIBEL | Posted 04.25.2009 | Business

Read More: Commerce Department, Home Sales Rise, Home Sales, February Home Sales, Business News

WASHINGTON — New home sales rebounded unexpectedly last month, but were still the second-worst on record and remained well below last year's lev...

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Iranian Businessman Charged In Weapons Smuggling Scheme

Washington Post | Posted 04.16.2009 | World

Read More: Smuggling, Hossein Ali Khoshnevisrad, Doj, Gun Running, Commerce Department, Tehran, Iran, Justice Department, Iranian Weapons Smuggler, Weapons Smuggling, World News

A Tehran businessman at the center of an alleged international weapons-trafficking scheme was charged today in federal court with violating U.S. expor...

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Hertz's One State Solution: Netanyahu's Rent-a-Car Ally

Michael Shtender-Auerbach | Posted 04.04.2009 | World

Read More: Palestinian Territories, Palestine, Israeli-Palestinian Conflict, One-State Solution, Gaza, West Bank, Corporate Responsibility, Israel-Palestine, Commerce Department, Palestinians, Corporate Social Responsibility, Business, Corporate-Social-Responsibility, Corporate America, Rental Cars, Two-State Solution, Israel, Hertz, World News
Michael Shtender-Auerbach

With Hertz operating in every major Middle Eastern country, one would think Hertz would recognize how utterly offensive its map is and immediately repeal its use.

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Bush Endangered Species Rule On Hold By Obama

AP | DINA CAPPIELLO | Posted 04.03.2009 | Politics

Read More: Commerce Department, Bush Endangered Species Act, Endangered Species, Obama Endangered Species Act, Endangered Species Act, Politics News

WASHINGTON — President Barack Obama urged agency heads Tuesday to ignore a Bush administration regulation limiting scientific reviews of project...

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Economy Shrinks By 6.2%, Worst In 25 Years

AP | JEANNINE AVERSA | Posted 03.30.2009 | Business

Read More: Commerce Department, Gdp, Economy, Business News

WASHINGTON — The economy is moving in reverse faster than the government can measure. The contraction for the fourth quarter of 2008 had been e...

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Jason Linkins

Scritti Politti: January 30, 2009

HuffingtonPost.com | Jason Linkins | Posted 03.02.2009 | Media

Read More: Phil Gingrey, Judd Gregg, Heritage Foundation, Mitch McConnell, Twitter, Lynn Sweet, Jim Demint, Commerce Department, Rush Limbaugh, Judd Gregg Commerce, Samantha Power, Economic Stimulus Package, Rod Blagojevich, Blagojevich Media Blitz, Media News

Well, you knew this was coming! From Lynn Sweet: I just chatted with Justin Herndon, one of the publicists who put together the media blitz for now ...

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