The Trump Administration announced a national plan to distribute 150 million Abbott rapid point-of-care coronavirus tests in the coming weeks to assist Governors' efforts to safely reopen their states and schools.
Explaining its details at a White House news conference, President Donald Trump said 50 million tests will go to protect the most vulnerable communities, and 100 million tests will be given to states and territories to support efforts to reopen their economies and schools immediately.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.