A U.S. Navy sailor has been sentenced to 27 months in jail for leaking sensitive military information to a Chinese intelligence officer in exchange for money.According to court documents, 26 year-old Wenheng Zhao pleaded guilty in October to one count of conspiring with the intelligence officer and one count of receiving a bribe.The Petty Officer from Monterey Park, California, has also been order...
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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.