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US Commerce Department

Bait and Switch, CEO Style

Leo W. Gerard | Posted 06.08.2013 | Politics
Leo W. Gerard

The rich snicker as the vast majority of Americans are so distracted they don't focus on record corporate profits, on record low corporate tax payments or on lobbyists buying tax breaks for corporations and loopholes for offshore accounts.

Obama Administration Decision Threatens To Double Tomato Prices

Reuters | Tom Brown | Posted 01.25.2013 | Business

* Talks over Obama tomato move continue this week * Decision on trade pact not due until May * Florida industry official derides warning as "sca...

New Home Sales Fell To Six Month Low In August

AP | By DEREK KRAVITZ | Posted 11.26.2011 | Business

WASHINGTON -- Sales of new homes fell to a six-month low in August. The fourth straight monthly decline during the peak buying season suggests the hou...

WTO Panel Rules U.S. Tuna Labels Are Too Restrictive

AP | By JOHN HEILPRIN | Posted 11.15.2011 | Green

GENEVA -- The popular "dolphin-safe" labels used to market tuna sold in the U.S. are illegal because they restrict too much trade, a World Trade Organ...

U.S. Economy Performing Much Worse Than Earlier Reported

Sheldon Filger | Posted 10.01.2011 | Business
Sheldon Filger

What conclusions can one draw from this miserable economic data? Two things come to mind.

Obama's Chance to Lead on Trade

Will Marshall | Posted 05.25.2011 | Politics
Will Marshall

President Obama is in Seoul today for what promises to be a contentious meeting of the world's leading economic powers. He probably won't mollify Chin...

China's Currency Manipulation: Flipping off America

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

What's Green, White and Blue? American Jobs

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Additional wind farms mean more renewable energy freeing the U.S. from reliance on foreign oil. But there's no point in replacing imported foreign oil with imported wind turbines