COVID-19 hospitalizations continue to trend downward, but the daily numbers of new cases and deaths remain much higher than the first two peaks of the pandemic in the spring and summer of 2020.With 2558 new deaths reporting in the last 24 hours, the total U.S. COVID-19 fatalities rose to 493098, as per Johns Hopkins University's latest data.7-day average deaths fell below 2,000 for the first time ...
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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.