Next week, the U.S. Government will import Nestlé infant formula from Australia to address the nationwide shortage of infant formula caused by Abbott Nutrition recall.
A flight, facilitated by the U.S. Department of Health and Human Services (HHS) for Operation Fly Formula, will land in Fort Worth, Texas, on July 4, carrying more than 56,000 pounds of Nestlé NAN SensiPro formula, the equivalent of approximately 849,000 8-ounce bottles.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.