In a landmark bipartisan vote, the Senate has passed the Respect for Marriage Act, a legislation that protects same-sex and interracial marriage. The Bill was passed by a final 61-36 vote.All members of the Democratic caucus and 12 Republican Senators, who backed the revised version of the bill that bypassed a potential filibuster earlier this month, voted in favor. The legislation must be approve...
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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.