The White House announced that cases of coronavirus infections and deaths in the United States are at the lowest levels since the start of the pandemic.
"Instead of heading into a summer, like last summer — of isolation, uncertainty, and loss — we're headed into a summer of joy, celebration, and increasing freedom from the virus," COVID-19 Response Coordinator Jeff Zients said at a routine news conference Thursday.
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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.