U.S. Trade Deficit at Record High 

Commerce Department reports that imports are up, and exports down.  Data recently released by the Commerce Department showed that the American trade deficit rose 12.2 percent in 2022,…

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Defense Department Launches 2023 5G Challenge

5G development projects will compete for $7 million in cash and prizes. The Department of Defense recently launched its 2023 5G Challenge, opening applications for its 5G development…

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Russian Businessman on Trial for Trading Information

His access to hacked information led to insider stock trading. Arguments in a case of alleged insider trading took place in Boston’s federal court this past week. Russian…

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DOE Announces Investment in EV Battery Supply Chain

12 projects were selected to troubleshoot common EV battery issues. The Department of Energy announced that $42 million will be allocated to the development of the domestic electric…

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DOT Releases Strategic Financial Plan for 2022-2026

Incorporates research and technology into future policies and expenses The Department of Transportation released the strategic plan for research, development, and technology for the fiscal years 2022-2026 last…

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Pentagon Orders 14 Anti-Drone Weapons for Ukraine

L3Harris Technologies awarded a $40 million weapons contract. The Department of Defense has awarded a $40 million contract to L3Harris Technologies, requesting 14 of their VAMPIRE anti-drone kits…

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FAA Safety System Outage Grounds All Flights

The agency lifted the ground stop that has delayed flights across the nation. The Federal Aviation Administration issued a ground stop of U.S. flights after an outage occurred…

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Commerce Secretary Meets with Japanese Minister

Leaders discuss Japan’s advanced semiconductor production. Department of Commerce Secretary Gina Raimondo recently met with Japan’s Minister of Economy, Trade, and Industry Yasutoshi Nishimura in Washington regarding the…

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Commerce Committee to Look Into Southwest Airlines

Multiple thousands of flights were canceled in just 2 days. Chair of the Senate Commerce Committee, Senator Maria Cantwell of Washington, stated last week that they will be…

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$32 Million Invested into STEM Training Diversity

The Energy Department announces 41 awards for research opportunities. The U.S. Department of Energy announced that 37 institutions would receive awards to support the education of underrepresented groups…

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