Julie Su, who is known as a champion for workers, will become the new Secretary of the Department of Labor.President Joe Biden will officially announce her nomination at White House at 9:30 AM ET Wednesday."It is my honor to nominate Julie Su to be our country's next Secretary of Labor. Julie has spent her life fighting to make sure that everyone has a fair shot, that no community is overlooked, a...
For comments and feedback contact: editorial@rttnews.com
Political 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.