The lowest level in decades slows shipping lanes. Mayors of cities along the Mississippi River have requested federal assistance as the major conduit of freight has reached historically…
Read MoreCommerce
U.S. Manufacturing at Lowest Level Since 2020
Companies prepare for potential lower demand. America’s manufacturing activity fell for the fourth month while prices paid to manufacturers also decreased to the lowest level in more than…
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Administration Expands Made In America Requirements
Federal procurements need to be 60 percent domestic. President Biden’s administration announced it will increase requirements for federally-procured goods to be sourced domestically, a step officials say will…
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House of Representatives Passes Antitrust Legislation
Bill gives more power to states in competition cases against technology companies. The House of Representatives voted to pass the Merger Filing Fee Modernization Act of 2022 this…
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Tentative Railroad Labor Deal Reached
President Biden calls it a “big win.” A handshake deal was reached on Thursday morning between unions and major railroads. President Biden’s administration had held negotiation discussions for…
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Journalism Act Being Drafted in Congress
Bipartisan congressional bill seeks to open journalistic negotiations with tech companies. U.S. federal legislators announced the Journalism Competition and Preservation Act this week, a bill drafted to allow…
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Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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FTC Attempts to Block Meta from VR Acquisition
The agency says the purchase would weaken competition. The Federal Trade Commission (FTC) filed a lawsuit on Wednesday against Meta, the parent company of Facebook, alleging the company’s…
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DOE Announces Technology Commercialization Fund
Seven national laboratory projects have been chosen for funding. The Department of Energy has announced that seven national laboratory projects have been chosen to receive $18.4 million through…
Read MoreSecretary Raimondo Appoints Business in Africa Council
24 members to serve a two-year term as advisors. Last week, the Department of Commerce announced that Secretary Gina Raimondo has appointed 24 members to the President’s Advisory…
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