In what is touted as a hopeful sign, COVID-19 cases and hospitalizations in the United States continue to trend downward.
COVID-19 hospitalizations in the country fell to the lowest figure in 42 days. 109,936 people are currently admitted in U.S. hospitals with coronavirus infection, which is the fewest since December 14, according to the latest data by COVID Tracking Project. Out of this, 20,875 patients are admitted in Intensive Care Units. The numbers reached a peak of 132,474 on January 6.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.