US President Joe Biden revealed the statistics of the heavy price that United States is paying as a result of the surging incidents of gun violence.
Announcing a set of executive actions aimed at curbing gun violence in the wake of a series of mass shootings that shocked the country, Biden said, "Gun violence in this country is an epidemic, and it's an international embarrassment".
"Every day in this country, 316 people are shot. A hundred and six of them die every day. Our flag was still flying at half-staff for the victims of the horrific murder of 8 primarily Asian American people in Georgia when 10 more lives were taken in a mass murder in Colorado", he said, referring to a historic spike in homicides and violence cities across the country, mainly targeting Black and brown Americans.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.