The Federal Aviation Administration (FAA) has announced a grant of nearly $1 billion to improve the terminals of 85 airports across the United States.
This is the first tranche of $5 billion granted through the Bipartisan Infrastructure Law funding for this fiscal year for airport terminal development projects that address the aging infrastructure of the nation's airports.
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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.