U.S. trade deficit narrows sharply as exports rebound

Reuters | March 27, 2019

The U.S. trade deficit dropped more than expected in January likely as China boosted purchases of soybeans, leading to a rebound in exports after three straight monthly declines. The Commerce Department said on Wednesday the trade deficit declined 14.6 percent, the largest decline since March 2018, to $51.1 billion also as softening domestic demand and lower oil prices curbed the import bill. Data for December was revised slightly down to show the trade gap widening to $59.9 billion instead of the previously reported $59.8 billion. Economists polled by Reuters had forecast the trade gap narrowing to $57.0 billion in January.

Spotlight

The White House welcomed 20 members of the Special Olympics USA delegation, congratulating and recognizing them for their accomplishments at the recently held Special Olympics World Games Abu Dhabi 2019.

Spotlight

The White House welcomed 20 members of the Special Olympics USA delegation, congratulating and recognizing them for their accomplishments at the recently held Special Olympics World Games Abu Dhabi 2019.

Related News

Google Cloud and Simple Technology Announces Working With U.S. Navy to Modernize Maintenance and Repairs Inspection Process

Google Cloud | August 31, 2020

Google Cloud and Simple Technology Solutions (STS)—a Google Cloud partner and small business specializing in multi-cloud solutions for the federal government—today announced they are working with the U.S. Navy to modernize the maintenance and repairs inspection process for Navy vessels and facilities. STS will use Google Cloud artificial intelligence (AI) and machine learning (ML) technologies on inspection drone-captured images to detect, prioritize, and predict its maintenance needs. The work was awarded to STS as a Phase I Small Business Innovation Research project due to the technology innovation and potential for commercialization.

Read More

GOVERNMENT BUSINESS

Corelight Named to U.S. Department of Defense Enterprise Software Initiative

Corelight | August 31, 2021

Corelight, provider of the industry's leading open network detection and response (NDR) platform, today announced that it has been named a vendor on the Department of Defense (DoD) Enterprise Software Initiative (ESI) blanket purchase agreement (BPA) awarded to Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. The BPA is signed for a 10-year period of performance through July 2029. Under the agreement, Carahsoft will provide asset management and cybersecurity software, software maintenance support, information technology professional services and training from Corelight to the DoD, U.S. intelligence community and Coast Guard. "Solidifying a true private/public partnership is essential to strengthening the nation's cybersecurity posture," said Jean Schaffer, federal CTO at Corelight. "Our data-first approach to cybersecurity aligns to the DoD's mission as federal agencies advance their digital transformation journeys and modernize infrastructure. We are proud to support this effort." Corelight gives federal, state and local governments the advantage in network defense. Corelight's open network detection and response (NDR) platform delivers insights that protect citizens and data from cyberattacks. This BPA supports the Federal Acquisition Streamlining Act and Defense Federal Acquisition Regulation Supplement and is intended to reduce the contracting and open market costs associated with the traditional procurement process, including searching for sources, developing technical documents and solicitations, negotiating contractual terms, and evaluating offers. Corelight's software solutions are available under Blanket Purchase Agreement N66001-21-A-0031 through Carahsoft's GSA Schedule No. GS-35F-0119Y. For procurement information, contact the Carahsoft IT Asset Management BPA Team at (703) 889-9878 or ITAMBPA@Carahsoft.com. About the DoD Enterprise Software Initiative (DoD ESI) DoD ESI is an official DoD initiative sponsored by the DoD Chief Information Officer (CIO) to lead in the establishment and management of enterprise COTS IT agreements, assets, and policies. DoD ESI lowers the total cost of ownership across the DoD, Coast Guard and Intelligence Communities for commercial software, IT hardware, and services. Additional information about the DoD ESI can be found at www.esi.mil. About Corelight Corelight provides security teams with network evidence so they can protect the world's most critical organizations and companies. Corelight's global customers include Fortune 500 companies, major government agencies, and large research universities. The company has received investment support from Accel, General Catalyst, Insight Partners and Osage University Partners. Based in San Francisco, Corelight is an open-core security company founded by the creators of Zeek, the widely-used network security technology.

Read More

Wickr Announces Federal Advisory Board to Provide Strategic Guidance on Company’s Federal Strategy to Connect end Users with Secure Collaboration

Wickr | October 20, 2020

Wickr Inc., the secure collaboration platform, today announced the launch of its Federal Advisory Board to provide strategic guidance on the company’s federal strategy to connect end users with secure collaboration for mission-critical needs. As the most secure and private collaboration platform, Wickr is uniquely positioned to expand its foothold in the federal government. The Federal Advisory Board will be vital in supporting Wickr’s federal strategy, capitalizing on its recent growth – including a multi-million-dollar contract award with the Air Force special operations community – by providing external guidance, expertise and strategy on how to bring the world’s most secure collaboration tool to federal departments.

Read More