Monday, COVID-19 deaths in the United States crossed the tragic mark of half million, a toll that matches the number of Americans killed in three wars.In memory of more than 500,000 Americans who died from the COVID-19 pandemic, President Joe Biden, First Lady Jill Biden, Vice President Kamala Harris and Second Gentleman Douglas Emhoff observed a moment of silence at the White House.Biden ordered ...
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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.