U.S. Transportation Secretary Sean P. Duffy has announced plans to upgrade the nation's air traffic control system.
Delivering keynote address at the American Association of Airport Executives' (AAAE) Washington Legislative Conference Thursday, Duffy said he has briefed President Donald Trump about his plans to upgrade the decades-old system.
The Transportation Secretary stressed that the department's number one job is safety. He added that under his leadership the Department is constantly looking for ways to make air travel safer, whether that's through new policy initiatives, investing in new technology, or utilizing AI.
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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.