The weekend data on coronavirus pandemic metrics give reasons to a country that has been worst hit by the killer bug, to breathe a big sigh of relief.
After three months, daily new cases fell below the 100,000 mark in the United States. With 86,928 additional people diagnosed with the viral infection on Sunday, the total U.S. cases rose to 27007397, as per data compiled by Johns Hopkins University. This is the first day since November 2 that fewer than 100,000 new COVID-19 cases were reported in the country.
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Health 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.