commerce department

Hochul demanded White House appointment to be replaced as Cuomo's No. 2: sources

Gov. Kathy Hochul demanded job at the Biden administration in exchange for being replaced as Andrew Cuomo's running mate -- before his disgraceful resignation, sources told The Post on Thursday.

Biden's dad worked for corrupt union group that got federal funds, book claims

A new book says President Joe Biden's father got a job at a scandalous union group that continued to collect federal funds -- despite concern among officials in DC about...

US approving some microchip sales to Huawei despite shortage: Report

Reuters reports that Huawei, the blacklisted telecom company, was approved to purchase microchips from US-based suppliers for its auto component business.

US commerce secretary isn't swayed by Xi's 'broken heads' speech

Raimondo made the comments after being asked about Xi's speech earlier that day marking the 100th anniversary of the Chinese Communist Party.

Biden drops Trump ban on TikTok and WeChat, orders new security review

President Biden is withdrawing Trump-era executive orders that sought to ban new downloads of TikTok and WeChat, and is ordering a Commerce Department review of security concerns posed by the...

Ted Cruz holds up nomination vote for Biden's Commerce secretary pick

Sen. Ted Cruz has delayed the Senate vote to nominate Gina Raimondo as the next Commerce secretary following her refusal to commit to keeping Chinese telecom company Huawei Technologies on...

Trump signs order banning transactions with eight Chinese apps

President Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay, a senior administration official said, escalating tensions with Beijing before President-elect...

Retail spending slowed in November as COVID spooked shoppers

US retail sales slumped in November -- the second consecutive monthly decline -- as the growing number of coronavirus cases spooked shoppers across the country. Retail sales dropped by 1.1...

DHS issues directive after hack of federal agencies

​Federal agencies were ordered to disconnect servers that may have been compromised during the months-long suspected Russian hack of the Treasury and Commerce departments and scan their networks for "malicious...

Feds wind down efforts to ban TikTok in US — for now

The Commerce Department has decided not to enforce an order that would have shut down the popular short-video app in the US amid a court battle.

China demands US withdraw sanctions against blacklisted firms

China urged US officials Monday to undo new sanctions against nearly three dozen companies amid growing tensions between the two nations. The demand came three days after the US Department...

March jobs numbers even sadder than the official report sounds

Pan-dammit, the employment numbers for March were truly shocking! That doesn't understate what can be said about the employment report for last month that was released by the Labor Department...

Commerce Department shut down after staffer tests positive for COVID-19

WASHINGTON -- Commerce Department employees have been told to stay at home after a staffer tested positive for COVID-19, The Post has learned. Employees of the government agency were warned...

Latest figures from Commerce Department look good for Trump

The only thing that matters during a presidential election year is the economy. And the word “economy” is really a different way of saying: “How are people doing?”

Commerce Secretary Wilbur Ross slept through Trump's UN speech

Move over, "Sleepy eyes" Chuck Todd -- Commerce Secretary Wilbur Ross is coming for your title. The 81-year-old Ross was caught on camera apparently dozing off in the audience Tuesday...

Commerce Department gives Huawei 90-day extension to buy from US suppliers

US Commerce Secretary Wilbur Ross said Monday the US government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so...

Trump may fire Wilbur Ross after census citizenship question debacle

President Trump is considering firing Commerce Secretary Wilbur Ross, according to a report on Monday. Trump is fed up with Ross over the lack of progress in trade negotiations and...

US economy slows in fourth quarter, growing at 2.6 percent rate

WASHINGTON — The US economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018,...

Commerce Department won't publish economic data during shutdown

The US Department of Commerce’s Bureau of Economic Analysis and Census Bureau will not publish economic data during the ongoing partial government shutdown, the Wall Street Journal reported. The Commerce...

US economic growth rate dipped to 3.4 percent in third quarter

WASHINGTON — The US economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised...