Initial Jobless Claims, Durable Goods Orders, Pending Home Sales, and a slew of other economic announcements are the major attraction on Thursday. The U.S. stimulus bill is expected to be presented on the House floor for a vote tomorrow. Asian shares finished higher, while European shares are trading mostly lower. Early signs from the U.S. Futures Index suggest that Wall Street might open broadly ...
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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.