The U.S. federal government has officially shut down after the Senate failed to reach an agreement on a last-minute spending bill. The Republicans were pushing to pass a bill to extend government funding without agreeing to include the Democrats' demands in health care sector.The Democrats pressed for major concessions on Obamacare subsidies, mainly ensuring subsidies for health insurance for the ...
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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.