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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Political News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.