The Latest Breaking News from Commerce

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.

President-elect Trump nominates Howard Lutnick as Commerce secretary, signaling focus on trade policies.

ANALYSIS: He may have reached ‘uncle status’ with Trump’s granddaughter Kai, but Musk has already started to fall out with the people surrounding the president-elect. That hasn’t stopped him continuing to push to influence Cabinet picks, John Bowden reports

Only about 10% of the world’s semiconductors are manufactured in the U.S.

Owing to advancements in technologies, surging cross-border trade opportunities, and shifting consumer preference for convenience, the e-commerce sector is booming. Thus, fundamentally sound e-commerce stocks such as Amazon.com (AMZN), Alibaba Group Holding (BABA), and eBay (EBAY) could be attractive buys for now. Continue reading.

Commerce Secretary told that US regulations should be tighter to prevent Huawei and others from accessing chips.

Biden-Harris administration allocates 0 million to Wolfspeed for silicon carbide technology, boosting U.S. manufacturing capabilities.

A successful appointments clause challenge to Regional Fishery Management Councils. (Updated to fix block quotes)

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".