Brittney Griner, the US basketball player who had been detained in Russia on drug charges since February, is flying back home after she was released in exchange for convicted Russian arms trafficker Viktor Bout.President Joe Biden said Griner was safe and is expected to arrive in the United States Friday on a plane from the United Arab Emirates.Special Presidential Envoy for Hostage Affairs Roger ...
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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.