U.S. President Joe Biden has said former President Donald Trump and the supporters of his "Make America Great Again" (MAGA) agenda are a threat to American democracy.Biden made a scathing attack of his predecessor in a prime time speech on the continued battle for the Soul of the Nation Thursday."Donald Trump and the MAGA Republicans represent an extremism that threatens the very foundations of ou...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.