The U.S. retail sales were much higher than economists projected in January, ending a multi-month streak of underperformance, according to the Commerce Department.
Retail sales increased 5.3% and totaled $568.2 billion in January, according to the Department of Commerce report released Wednesday. Economists had predicted retail sales to increase by 1.2%, The New York Times reported. Read More
A federal judge has postponed President Donald Trump’s threatened shutdown of the popular short-form video app TikTok, siding with a Pennsylvania comedian and two other TikTok creators who say Trump’s order hampers their free speech.
U.S. District Judge Wendy Beetlestone on Friday blocked an upcoming Commerce Department action that would have effectively banned TikTok in the U.S. by cutting it off from vital technical services. Read More
by Rob Garver National security hawks who normally side with U.S. President Donald Trump on foreign policy issues are up in arms over his announcement on Saturday that he would indefinitely delay the imposition of tariffs on $300 billion of Chinese goods and relax restrictions on U.S. firms doing… Read More
by Thaddeus G. McCotter President Trump on Wednesday signed an executive order in a prescient move to defend America’s national security against Chinese cyber espionage. Invoking his powers under the International Emergency Economic Powers Act, the president gave the Commerce Department 150 days to devise methods of implementing new… Read More
Friday, Ohio’s state Commerce Department awarded the first medicinal marijuana processor its certificate of operation. This processor will allow medicinal marijuana to be processed, refined, and distilled into cannabis-infused products. These products include: oil, wax, ointment, salve, tincture, capsule, suppository, dermal patch, cartridge or other product containing medical cannabis concentrate, or usable… Read More
by Tim Pearce Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland Attorney General Brian Frosh announced Thursday the states would join environmental groups in a lawsuit to prevent the Trump… Read More