President Joe Biden signed an Executive Order to launch a National Biotechnology and Biomanufacturing Initiative that will help boost Boost U.S. biotechnology and biomanufacturing sectors.
The initiative will drive federal investments in areas that will define U.S. biotechnology leadership and our economic competitiveness in the coming decades, senior administration officials said in a news conference.
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Business News
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.