The Latest Breaking News from Commerce

The dollar index (DXY00 ) Thursday fell to a 2-week low and finished down by -0.60%. Strength in the euro weighed on the dollar after EUR/USD rallied to a 2-week high on hopes that US-Russian talks could lead to the end of the war in Ukraine. Also, lower T-note yields...

White House trade adviser Peter Navarro announces a comprehensive evaluation process for reciprocal tariffs on US trading partners.

Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

Senate Commerce Committee approves Howard Lutnick's nomination for commerce secretary with bipartisan support. Stay updated on the confirmation process.

Commerce secretary nominee Howard Lutnick may cut tech initiative spending such as semiconductor subsidies or broadband expansion.

The Senate Commerce, Science and Transportation Committee advanced Howard Lutnick’s nomination to lead the Commerce Department.

Howard Lutnick, potential Commerce Secretary, supports Trump's trade policies, plans to divest business interests, and survived 9/11.

Howard Lutnick told senators that CHIPS Act subsidies were "an excellent down payment."

March WTI crude oil (CLH25 ) Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25 ) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low. Crude was under pressure Wednesday from a stronger dollar, and after the weekly...

Howard Lutnick advocates for across-the-board tariffs to promote fairness and reciprocity in global trade relationships.

The Wall Street financier was facing a confirmation hearing in front of the Senate Commerce Committee on Wednesday.