Tags » Commerce Department

Are Americans Abandoning Wireline Data?

A study conducted for the Commerce Department by the U.S. Census Bureau shows that there has been an increase in households that have mobile data as their only source of broadband. 706 more words

The Industry

Key U.S. economic information leaked out ahead of its official release, European Central Bank study alleges

By STEVE GOLDSTEIN

D.C. BUREAU CHIEF
Market Watch


New York State Attorney General Eric Schneiderman has previously weighed in on the issue of the release of economic data. 399 more words

US Government warns Puerto Rico: we might take your land, and we feel very bad about it


The US Secretary of the Interior, Sally Jewell, has warned Puerto Rico that the island’s protected natural resources “could be targeted for private development.” Jewell blamed the “Republican” Financial Control Board legislation for this, and worried that “a future secretary” may transfer Puerto Rican land to private developers. 459 more words

Book

The consumer is consumed with dread

The Atlanta Fed updated its projection for 2016 Q1 GDP on Monday. They lowered it to 0.6% from 1.4% on Friday.

GDPNow, the Atlanta Fed’s web site, cited first-quarter real consumer spending falling from 2.5%  to 1.8% for the downgrade. 171 more words

Economy

China 'Resolutely Opposed' to U.S. Export Restrictions on ZTE

(Reuters) – New export restrictions against China’s ZTE for alleged Iran sanctions violations drew fire from the Chinese government, which said on Tuesday it was “resolutely opposed” to the measures but stopped short of announcing retaliation. 511 more words

Tech

U.S. Punishes Chinese Tech Company for Trading with Iran

(Reuters) – The United States is imposing export restrictions on China’s ZTE and three other entities over allegations that the telecoms equipment maker developed a scheme to re-export items to Iran in violation of sanctions, the U.S. 512 more words

Tech

ZTE Suspends Share Trading After U.S. Crackdown Reports

ZTE has suspended trading in its shares on the Hong Kong as Shenzhen stock exchanges, after it emerged that the U.S. was about to place export restrictions… 253 more words

Tech