Personal consumption expenditures, a gauge of spending by American households, rose at a 2.9% annualized rate…
Tag: U.S. Commerce Department
Bloomberg: Apple and Nike brace for China’s wrath after Huawei ban
U.S. companies counting on China for a major part of their growth have targets on their backs…
Citi lowers Apple price target, claiming trade war will likely cut China sales in half
The U.S. trade war with China will further hurt iPhone sales…
Huawei founder says he would protest Chinese government retaliation against Apple
If that happens, I’ll be the first to protest
Huawei CEO and founder admits he buys iPhones for his family
Huawei CEO and founder Ren Zhengfei revealed he bought Apple iPhones for his family…
ARM cuts ties with Huawei after President Trump’s ban
ARM is complying with all of the latest regulations set forth by the U.S. government…
President Trump’s Huawei ban creates concern over Apple’s iPhone business in China
Last week, U.S. President Donald Trump effectively banned U.S. companies from working with Huawei…
Chinese diplomat tweets that Huawei ‘has cut Apple into pieces’ – from his Apple iPhone
China has reacted with uncharacteristic fury to what it deems a concerted U.S. attack…
Quantifying just how much the trade war could hurt Apple
The uptick in trade hostilities between Washington and Beijing could threaten Apple…
U.S. to offer temporary exemptions to Huawei export ban
The 90-day reprieve may be intended to help reboot U.S.-China trade talks…
U.S. unemployment hits five-decade low as employers step up hiring, wages increase
Steady job growth and solid wage increases have enlarged Americans’ paychecks…
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
U.S. economy logs best performance in nearly 4 years
Output expanded 3.2 percent in the first half of 2018 putting the U.S. economy on track to hit President Trump’s target of 3% annual growth…
Consumer confidence pops in August to highest level since October 2000
These historically high confidence levels should continue to support healthy consumer spending…
Second-quarter U.S. GDP jumps 4.1% boosting hopes that economy is ready to break out of decade-long slumber
Gross domestic product grew at a solid 4.1 percent pace in the second quarter…
Demand for Apple’s new iPhone 6s/Plus is widening America’s trade deficit
August trade data from the US Commerce Department shows that the difference between imports and exports surged 15%…
Apple, Facebook, Walmart to help U.S. government to develop facial recognition guidelines
Facebook, Apple and other Internet companies have been trying…
Apple regains momentum as techs cut losses following decline in U.S. new home construction
Technology stocks tried to cut their losses in late trading Tuesday…
Steve Jobs served in George H.W. Bush administration
FBI background interviews of some people who knew Apple co-founder Steve Jobs…
