At the U.S.-Pacific Islands Forum Summit meeting at the White House, President Joe Biden renewed his administration's commitment to enhance partnership with the Pacific Islands.He announced a set of actions to strengthen the United States' diplomatic ties with a number of Pacific Island nations.Biden said he plans to work with Congress to request and provide nearly $200 million in funding to them....
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Political 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.