To mark the start of Medicare Open Enrollment season, President Joe Biden will travel to two cities these days to highlight how seniors can take advantage of the Inflation Reduction Act's cost-saving provisions as they shop for new health insurance plans.
Friday at 6:10 PM ET, Biden will deliver remarks on lowering costs for American families, according to the White House. Saturday, he is scheduled to speak in Portland, Oregon.
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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.