U.S. Transportation Secretary Sean P. Duffy has announced that the Federal Aviation Administration will invest $970 million to enhance the travel experience for families in U.S. airports. The Department delivered 133 grants to airports in 45 states through the Infrastructure Investment and Jobs Act - Airport Terminal Program to invest in family-friendly airport projects.They include $2.8 million t...
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Business 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.