In the race for the next ranking member of the Energy and Commerce Committee, what’s really at stake is the status quo for Democrats.
Washington (AFP) — The U.S. trade deficit shrank for the third straight month in July helped by gains in exports especially from the automotive sector, Commerce Department data showed Thursday. The monthly trade balance came in at a negative $40.5 billion, down from a $40.8 billion deficit in June. Exports rose $1.8 billion to $198.0 […]
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The U.S. economy rebounded strongly in the second quarter after a winter contraction, expanding at a 4 percent annual rate, the Commerce Department said Wednesday. Analysts had projected the nation’s total economic output, or gross domestic product, to expand at a 3.1 percent in the second quarter. […]
By Andrew Khouri, Los Angeles Times New home construction fell sharply in January, as severe weather across much of the country helped freeze development. Housing starts tumbled 16 percent from December to a seasonally adjusted annual rate of 880,000 last month, the Commerce Department said Wednesday. Last month’s level was 2 percent lower than in […]