54434 new coronavirus cases and 1245 deaths from the disease were reported in the United States on Tuesday.With this, the national total of COVID cases increased to 29495420, according to latest data compiled by Johns Hopkins University.The U.S. COVID death toll rose to 536922.California, Florida and Texas, the three worst-affected states, reported more than 100 COVID deaths while New York had the...
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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.