President Joe Biden has signed the Covid Origins Act of 2023 into law. The legislation requires the Biden administration to declassify intelligence related to any potential links between the Wuhan Institute of Virology and the origins of the Covid pandemic within 90 days of enactment. The Covid Origins Act of 2023 passed the Senate and the House of Representatives unanimously this month.Senator J...
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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.