The Biden administration says it has made a "substantial offer" to secure the release of two Americans who have been detained by Russia.CNN reported that Washington has offered to release convicted Russian arms trafficker Viktor Bout in exchange for Paul Whelan and Brittney Griner, but the White House and the Department of State refused to reveal details of the proposed deal.Dubbed the merchant of...
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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.