Commerce Department – Page 5 – One America News Network

A sale sign greets shoppers at a retail store in Carlsbad, California, U.S., May 25, 2023. REUTERS/Mike Blake

US retail sales rise less than expected in May

U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.

A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder

US weekly jobless claims edge higher, Q1 labor costs revised lower

The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.

Chicago, November 22, 2022. REUTERS/Jim Vondruska

Inflation rises moderately in April, consumer spending slows

It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

People wear masks as they wait to enter a Costco Wholesale store during the outbreak of coronavirus disease (COVID-19) in Washington, DC, U.S. April 10, 2020. REUTERS/Joshua Roberts/File Photo

US wholesale inventories drop by unrevised 0.4% in March

U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

Exclusive: US eyes curbs on China’s access to AI software behind apps like ChatGPT

The Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models.

The DNC paid Matthew Colangelo $12,000 in January 2018 for “political consulting,” Federal Election Commission filings show, and the prosecutor also donated $400 to Obama’s first presidential campaign in 2008. (Photo via The Justice Department)

Trump Prosecutor Matthew Colangelo Served As Political Consultant For DNC, Donated To Obama

A Manhattan prosecutor who is managing the so-called “hush money” case against former United States President Donald Trump was previously a political strategist in 2018 for the Democratic National Committee (DNC), and he once contributed to former Democrat President Barack Obama as well.