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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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.