The United States has strenghtened its military presence in the U.S. Central Command's area of responsibility, including deploying an additional Navy destroyer along with fighter jets. The Pentagon cited "a number of recent, alarming events in the Strait of Hormuz" as the reason for reinforcing its military prowess in the strtegically important region.The secretary of defense has ordered the deplo...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.