The Latest Breaking News from Department of Commerce

Semiconductors, one of the most important innovations of the last century, are now crucial inputs in mobile phones, personal computers, educational technologies, vehicles, heavy machinery, medical instruments, military equipment and much more.

The CHIPS Act contains more than $50 billion to support the domestic semiconductor industry.

The U.S. Commerce Department issued orders denying the export privileges for Aeroflot, Azur Air, and UTair, stating that the three Russian airlines violated American export controls imposed on Russia in the wake of the Ukraine war. The decision comes after the U.S. identified more than 170 Boeing Co (NYSE:BA) planes used by Russian airlines…

The U.S. Census Bureau is looking at ways to possibly adjust its annual population estimates to account for the undercounts of some minority groups in the 2020 census numbers

JPMorgan analyst Doug Anmuth says Amazon.com Inc (NASDAQ:AMZN) remains his top overall idea in the internet space. The re-rating came after the Department of Commerce released Q4 U.S. e-commerce sales of $258 billion, shy of the firm's $270 billion estimates.  The e-commerce sales were due to a softer than expected holiday season, the continued resurgence…

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Feb. 14, 1903, under the Roosevelt administration, Congress established the U.S. Department of Commerce and Labor.

Farmaceuticalrx announced that it has received final certification to commence operations as a medical marijuana cultivator from the Ohio Department of Commerce. The approval makes the Pittsburgh-based company vertically integrated operator in Ohio.

A recent US Department of Commerce survey of 150 companies finds that most manufacturers only have a five-day supply of microchips on hand.

The Department of Commerce's first silicon supply chain report is bleak, to say the least.