The U.S. Coast Guard has launched an investigation into the loss of the submarine expedition that went missing during a dive to the deep sea to explore the Titanic shipwreck.
OceanGate's Titan submersible with five people on board left St. Johns, Newfoundland, Canada, on June 18, and contact with the small underwater vessel was lost about an hour and 45 minutes into the sea.
After an extensive search and rescue effort by multiple agencies from various countries, wreckage of the Titan submersible was located on the ocean floor approximately 500 meters off the bow of the Titanic.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.