President Joe Biden has signed an executive order directing the federal government to use its scale and procurement power to cut greenhouse gas emissions in federal operations as part of the government's effort to combat climate change.
The executive order sets various deadlines to achieve five ambitious goals that help the Biden administration in tackling the climate crisis.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.