Abraham Lincoln once observed: “In the world’s history, certain inventions and discoveries occurred of peculiar value . . . in facilitating all other inventions and discoveries.” Lincoln was speaking of the written word and, later, the printing press. But today, we are living through another such invention: artificial intelligence. Powerful generative AI systems like GPT-4 are ushering in a new...

Today, the U.S. Department of Commerce is continuing to take action against Russia and those who enable Russia’s war in Ukraine. We added trade restrictions to seven Iranian entities involved in Iran’s drone program for supporting Russia’s war efforts and trying to use U.S. items to do it. They join a list of more than 370 entities that the department has taken action against since Feb. 24, 2022...

By Don Graves and Gregory Meeks In early August, with its release of its strategy toward sub-Saharan Africa, the Biden-Harris administration laid out a bold vision for a 21st-century US-Africa partnership. The strategy and the upcoming Africa Leaders Summit, which President Biden and his deputy Harris will host in December, comes at the right time. Africa’s economic transformation — spurred by its...

Gina Raimondo is the 40th U.S. Secretary of Commerce. Cecilia Rouse serves as the 30th Chair of the Council of Economic Advisers. Brian Deese serves as the Director of the National Economic Council. Congress recently answered President Biden’s call for reform in the State of the Union by passing bipartisan legislation to crack down on excessive fees and other unfair practices in the ocean shipping...

Accurate predictability is the basis of building trust. And that trust is what allows us to coordinate our actions and forge a thriving economy. Take, for instance, restaurant owners on the Gulf Coast. They need predictability to run their businesses, including when local fishermen will have fresh catch available for their menus, what the best weeks for summer tourism will be, and which months...

Steel and aluminum are critical components of the American economy. From cars and trucks to our appliances and beer cans, Americans depend on steel and aluminum for everyday items. Many Americans also rely on the steel and aluminum industries for good-paying jobs. The steel industry supports nearly 2 million Americans who, on average, earn 27% more than the median earnings for men and 58% more...

Many employers across the country are pushing workers to return to the office. This shift from remote work has triggered concerns among workers who are parents and caregivers. Who will watch their children and aging parents? Their loved one with a disability? How will they afford care workers? Many Americans have put return-to-work plans on hold due to these concerns. According to the Census...

In the 1930s, during the worst economic depression in American history, President Franklin D. Roosevelt came together with Congress to address the deep electrical disparity rural communities had experienced for decades. The Rural Electrification Act brought an essential utility to millions of Americans and allowed them to fully participate in the modern economy at a time when good-paying jobs were...