Thursday, President Joe Biden is expected to make an important announcement regarding Washington's latest stance on the two major wars being fought in Ukraine and in the Middle East.
"President Biden will address the nation to discuss our response to Hamas' terrorist attacks against Israel and Russia's ongoing brutal war against Ukraine," reads a statement by the White House.
The President is scheduled to speak from the Oval Office at 8 PM ET.He is addressing the nation hours after returning from the Middle East.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.