The U.S. Department of Health and Human Services and U.S. Food and Drug Administration have today announced a series of new measures to phase out all petroleum-based synthetic dyes from the nation's food supply.The FDA announced it is taking a number of actions.FDA is establishing a national standard and timeline for the food industry to transition from petrochemical-based dyes to natural alternat...
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Political News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.