Government, Business

Rhode Island Gov. Gina Raimondo Confirmed as Commerce Secretary

Rhode Island Gov. Gina Raimondo following the announcement of her nomination Gina Raimondo at the announcement of her nomination as Commerce secretary. (Chip Somodevilla/Getty Images via Bloomberg News)

Gina Raimondo easily won Senate confirmation as Commerce secretary, placing the Rhode Island governor at the heart of President Joe Biden’s efforts to revive the U.S. economy and confront alleged unfair trade practices by China.

Eric Martin | Bloomberg News
March 2, 2021
Government, Business

Senate Committee Schedules Vote on Raimondo’s Nomination

Gina Raimondo Gina Raimondo by Scott Eells/Bloomberg

A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.

Eugene Mulero | Senior Reporter
January 29, 2021
Government, Business

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

Marty Walsh Boston Mayor Marty Walsh in 2016. (David Paul Morris/Bloomberg)

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

Eleanor Lamb | Staff Reporter
January 7, 2021
Government, Business

Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says

Rhode Island Gov. Gina Raimondo speaks during a panel discussion at a summit in Washington in 2018. Rhode Island Gov. Gina Raimondo speaks during a panel discussion at a Goldman Sachs summit in Washington in February 2018. (Andrew Harrer/Bloomberg News)

President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.

Jennifer Epstein | Bloomberg News
January 7, 2021

Commerce Department Grants Target Infrastructure Improvements in Texas, California

Aerial of Houston after Harvey Highways around downtown Houston are empty on Aug. 29, 2017, as floodwaters from Harvey overflow the bayous. (David J. Phillip/AP)

Texas and California are the recipients of federal grants meant to enhance infrastructure projects essential for freight connectivity, the Department of Commerce’s Economic Development Administration announced.

Eugene Mulero | Senior Reporter
October 2, 2019
Business, Equipment

Business-Equipment Orders Show First Decline in Five Months

Commodities graph Bloomberg News

Orders placed with U.S. factories for business equipment unexpectedly declined in August, the first drop in five months, marking a pause from solid gains in manufacturing, Commerce Department figures showed Sept. 27.

Jeff Kearns | Bloomberg News
October 1, 2018
Government, Business

Second Straight Drop in Retail Sales Shows Tepid Spending

consumer sales Luke Sharrett/Bloomberg News

Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.

Michelle Jamrisko | Bloomberg News
July 14, 2017

Narrower Trade Gap May Boost Growth Pace in Second Quarter

Tim Rue/Bloomberg News

The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.

Patricia Laya | Bloomberg News
June 29, 2017

LTL Fleets Offering Short-Term Storage, Shift to Smaller Trucks for E-Commerce

A. Duie Pyle Inc.

Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.

Ari Ashe | Staff Reporter
March 27, 2017

Sen. John Thune Officially Named Chairman of Commerce Committee

Bloomberg News

As expected, the U.S. Senate on Jan. 8 ratified Sen. John Thune (R-S.D.) as the next chairman of the Commerce, Science and Technology Committee during the 114th Congress.

Eugene Mulero | Senior Reporter
January 8, 2015