The U.S. Department of Energy has announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation to accelerate the domestic market for low-cost, clean hydrogen.The announcement is part of the third installment of the Investing in America tour, during which President Biden will travel to Philadelphia to announce the historic investment in manufacturing and jobs.The sev...
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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.