Department of Commerce

AI Needs Safety Standards and NIST Wants to Write Them
AI Needs Safety Standards and NIST Wants to Write Them
December 20, 2023  |  Artificial Intelligence

Despite its increasing popularity, generative artificial intelligence is still in its infancy. What happens now with the novel technology will be determined by what businesses...

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A Look at U.S. Initiatives on AI Use and Its Development
A Look at U.S. Initiatives on AI Use and Its Development
November 03, 2023  |  artificial intelligence

President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI...

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GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
July 27, 2023  |  Consumer Insights

The latest data from the U.S. Department of Commerce show that consumer spending helped push gross domestic product (GDP) past expectations. But the growth in disposable income appears to...

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Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
March 13, 2023  |  Technology

Large swaths of the U.S. are still without high-speed broadband internet service at the third anniversary of the pandemic lockdowns, keeping millions from enjoying the...

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BEA Reports 2.6% Growth in Real GDP in Q3
BEA Reports 2.6% Growth in Real GDP in Q3
October 27, 2022  |  Economy

After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according...

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US Spending Data Shows Shrinking Consumer Cash Cushions
US Spending Data Shows Shrinking Consumer Cash Cushions
September 30, 2022  |  Economy

While most everyone is parsing the consumer spending data from August, and while consumer spending continued to rise, there are some numbers that give one...

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Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks to Conduct Customer Due Diligence, Avoid De-risking Practices 
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022  |  Regulation

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country...

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Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022  |  Regulation

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...

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Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
April 14, 2022  |  Retail

Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by...

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