NEW YORK: The US trade deficit shrank by an unexpectedly large margin in June as imports fell and exports grew, according to data released Tuesday.
Washington: The Commerce Department reported the trade gap narrowed to $38.5 billion from a revised $48.6 billion in November.
Washington: The US economy contracted at a rate of 0.1 percent in the fourth quarter, according to the government’s first estimate Wednesday.
Washington: The US economy grew at a 2.7 percent pace in the third quarter, faster than previously estimated, the Commerce Department said Thursday in a
Washington: The US economy was more sluggish than thought in the second quarter, growing only 1.3 percent, Commerce Department data released Thursday showed.
California: In an apparent case of hit-and-run case, U.S. Secretary of Commerce John Bryson undergoes investigation for possible felony in southern California, CNN reports Monday.