Commerce Department – Page 6 – One America News Network

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.