The House of Representatives voted to formalize the House Republicans' impeachment inquiry against President Joe Biden.
The House Rules Committee resolution was passed Wednesday with 221 to 212 votes, along party lines, in the Republican-led lower house.
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Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.