U.S. Department of Commerce

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U.S. bill would OK duties to fight China currency

Reuters US Online Report Politics News 3 days ago

WASHINGTON (Reuters) - China could face duties on some of its exports to the United States if it does not take steps to realign its currency, according to the draft text of a Senate bill to be unveiled on Tuesday. The legislation ...

Snowstorm hits US housing market revival

AFP Global Edition 3 days ago

Construction of new houses in the United States slumped in February on freezing temperatures across the nation, breaking a rally that spurred hopes of a rapid recovery for the battered sector. New construction starts were down 5.9 percent in February versus the ...

Revival of beleaguered US housing market hits snowstorm

AFP American Edition 3 days ago

Construction of new houses in the United States slumped in February on freezing temperatures across the nation, breaking a rally that spurred hopes of a rapid recovery for the battered sector. New construction starts were down 5.9 percent in February versus the ...

Housing starts, permits fall in February

Reuters US Online Report Domestic News 3 days ago

WASHINGTON (Reuters) - Housing starts and permits to build new homes both fell in February as winter storms in some parts of the country disrupted home building, a government report showed on Tuesday. The Commerce Department said housing starts fell 5.9 percent ...

Coca-Cola spent $4.8 million lobbying gov't in 4Q

AP News 4 days ago

Coca-Cola spent $4.8 million in fourth quarter lobbying government on taxes, food safety Coca-Cola Co. spent $4.8 million in the fourth quarter to lobby the government on proposals to tax sugary beverages, according to a recent disclosure report. That's well above the ...

Anheuser-Busch spent $690K lobbying gov't in 4Q

AP News 4 days ago

Anheuser-Busch spent $690,000 in fourth quarter lobbying goverment on taxes, food safety Anheuser-Busch, the U.S. unit of ABInbev, spent $690,000 in the fourth quarter to lobby the government on excise taxes, food safety and matters relating to the alcohol industry, according to ...

Rates trade in tight range on uneven economic data

AP News 6 days ago

Interest rates hold to tight range after mixed economic reports give off conflicting signals Interest rates were mixed in the bond market Friday after uneven economic reports gave investors conflicting signals. Long-term Treasury prices rebounded after sliding Thursday. The rise in prices ...

Stocks end mixed after mixed economic reports

AP News 7 days ago

Stocks end mixed after surprise uptick in retail sales, weaker reading on consumer sentiment Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong. Uneven figures on retail sales and consumer confidence gave ...

US retail sales beat blizzards with surprise rise

AFP Global Edition 7 days ago

The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed Friday. Retail and food service sales rose 0.3 percent from January to 355.5 billion dollars, the ...

Business events scheduled for the coming week

AP News 7 days ago

Business events and economic reports scheduled for the coming week MONDAY, March 15 WASHINGTON — Treasury releases international money flows data for January, 9 a.m.; Federal Reserve releases industrial production for February, 9:15 a.m.; National Association of Home Builders releases housing market ...

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