President Joe Biden has promised that the United States will cut its greenhouse gas emission by half by the end of this decade.Biden announced the new national target at the virtual Leaders Summit on Climate Change Thursday. This is consistent with the President's goal of achieving net-zero greenhouse gas emissions by no later than 2050 and of limiting global warming to 1.5 degrees Celsius.Leaders...
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Political 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.