President Joe Biden has signed the Presidential Determination on Refugee Admissions for Fiscal Year 2025, setting the refugee admissions target at 125,000.This is higher than the 100,000 refugees resettled in the country in Fiscal Year 2024, which is the largest annual number in three decades."The admission of up to 125,000 refugees to the United States during Fiscal Year (FY) 2025 is justified by...
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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.