Economy

U.S. Department of Commerce awards a $690,000 grant to Collins Lake Autism Center in Cleveland, New Mexico to build a therapy center.

Commerce Asst. Sec. Alejandra Y. Castillo to visit the American Aerospace Materials Manufacturing Tech Hub in Spokane, WA.

Biden-Harris administration announces $504 million in grants for 12 designated Tech Hubs to expand production and delivery of critical technologies, strengthen US competitiveness and national security.

Economy downshifts, price gains moderate as Fed officials edge closer to curbing inflation.

The Inflation Reduction Act introduced a 10-year tiered implementation, significantly impacting Medicare. Key changes include a $35 insulin cost cap, expanded low-income subsidies, and a reduced Part D out-of-pocket cap.

U.S. Commerce Department awards $2.5M grant to Mashantucket Pequot Tribal Nation to study feasibility of a generic drug facility.

U.S. Secretary of Commerce announces $1.5 million EDA grant for infrastructure improvements in Conway, Arkansas, supporting economic growth.

U.S. Commerce Department awards $3m grant to Oklahoma Ordnance Works Authority to expand workforce training programs.

U.S. Secretary of Commerce announces $5.4 million EDA investment in New Mexico for economic and workforce development post natural disasters.

The U.S. Commerce Department awarded Perryton, Texas, $2.7 million to boost business recovery after recent tornadoes, creating a commercial incubator for affected businesses.

The U.S. Commerce Department has awarded Wynne, Arkansas, $1.2 million for road infrastructure improvements to support local business growth and community recovery after natural disasters.