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Tag: U.S. Commerce Department

President Trump bars U.S. transactions with eight Chinese apps

Wednesday, January 6, 2021 12:30 pm13 Comments

U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese apps, including…

Wall Street rebounds on upbeat U.S. economic data ahead of Apple earnings

Thursday, October 29, 2020 3:21 pm6 Comments

U.S. stocks advanced on Thursday as upbeat U.S. domestic economic data eased concerns about surging COVID-19 cases…

U.S. GDP booms at historic 33.1% rate

Thursday, October 29, 2020 9:27 am42 Comments

U.S. GDP accelerated at a 33.1% annualized pace in the third quarter, outpacing expectations for 31%. A surge in business and residential…

U.S. judge temporarily blocks Trump admin’s ban on new TikTok downloads

Monday, September 28, 2020 8:47 am100 Comments

A U.S. judge has temporarily blocked a Trump administration order that was set to bar Apple’s App Store from offering TikTok for download at…

Investigators find no evidence of any forced labor at Apple suppliers in China

Wednesday, July 22, 2020 10:48 am4 Comments

Nanchang O-film Tech, whose tech helps power phones, tablets and wearables, was on Monday accused by the U.S. Department of Commerce of human rights …


U.S. government accuses Apple supplier of human rights abuses

Monday, July 20, 2020 3:14 pm5 Comments

Nanchang O-film Tech, whose tech helps power phones, tablets and wearables, is accused by the U.S. of human rights abuses for helping China’s campaign…

Dow tumbles more than 500 points as COVID-19 shutdown slams economy

Wednesday, April 15, 2020 9:45 am14 Comments

Stocks fell sharply on Wednesday as the COVID-19 shutdown slams the economy. Dismal economic data and weak bank earnings fueled concerns…

U.S. GDP rose a better-than-expected 1.9% in Q3; private payrolls increase tops expectations in October

Wednesday, October 30, 2019 9:28 am7 Comments

Personal consumption expenditures, a gauge of spending by American households, rose at a 2.9% annualized rate…

Bloomberg: Apple and Nike brace for China’s wrath after Huawei ban

Tuesday, May 28, 2019 1:22 pm5 Comments

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

Tuesday, May 28, 2019 11:24 amTuesday, May 28, 20191 Comment

The U.S. trade war with China will further hurt iPhone sales…

Huawei founder says he would protest Chinese government retaliation against Apple

Tuesday, May 28, 2019 9:25 amTuesday, May 28, 20197 Comments

If that happens, I’ll be the first to protest

Huawei CEO and founder admits he buys iPhones for his family

Thursday, May 23, 2019 11:29 am10 Comments

Huawei CEO and founder Ren Zhengfei revealed he bought Apple iPhones for his family…

ARM cuts ties with Huawei after President Trump’s ban

Wednesday, May 22, 2019 3:03 pmWednesday, May 22, 201913 Comments

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

Wednesday, May 22, 2019 11:09 am15 Comments

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

Tuesday, May 21, 2019 5:17 pmTuesday, May 21, 201912 Comments

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

Tuesday, May 21, 2019 11:20 am5 Comments

The uptick in trade hostilities between Washington and Beijing could threaten Apple…

U.S. to offer temporary exemptions to Huawei export ban

Monday, May 20, 2019 9:40 pm8 Comments

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

Friday, May 3, 2019 3:02 pm105 Comments

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

Monday, April 29, 2019 2:02 pmMonday, April 29, 201930 Comments

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

Wednesday, August 29, 2018 10:01 amWednesday, August 29, 201822 Comments

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

Wednesday, August 29, 2018 9:25 amWednesday, August 29, 20185 Comments

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

Friday, July 27, 2018 9:25 amFriday, July 27, 201854 Comments

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

Tuesday, October 6, 2015 2:56 pmTuesday, October 6, 201510 Comments

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

Monday, December 16, 2013 4:34 pm10 Comments

Facebook, Apple and other Internet companies have been trying…

Apple regains momentum as techs cut losses following decline in U.S. new home construction

Tuesday, March 20, 2012 4:01 pmTuesday, March 20, 20129 Comments

Technology stocks tried to cut their losses in late trading Tuesday…

Steve Jobs served in George H.W. Bush administration

Friday, February 10, 2012 9:17 am46 Comments

FBI background interviews of some people who knew Apple co-founder Steve Jobs…

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