Commerce Department in Podcasts
governmentAmerican government agency responsible for economic data and analysis.
Mentions in Podcasts
Reporter Patience Hagen told our Tech News Briefing podcast how the Commerce Department plans to overhaul a Biden-era broadband access program to make it more tech-neutral, potentially increasing support for satellite internet.
Musk made no secret of his ambitions, as he spelled out to now Commerce Secretary Howard Lutnick back in October.
Consumer prices in April were up 2.1 percent from a year ago, according to the Commerce Department's inflation yardstick, which is closely watched by the Federal Reserve. Stripping out food and energy prices, core inflation was 2.5 percent, which is the lowest it's been in more than four years. Consumers spent less money on goods last month while stocking more money into savings.