New coronavirus infections in the United States crossed the 100,000 mark for the second consecutive day, and the highest daily death toll in more than two months was reported in the country on Tuesday.
The worrisome COVID data coincided with President Joe Biden's stark reminder that the states with the lowest vaccination rates are seeing 10 to 20 times as many new cases per 100,000 people. "It's moving like wildfire through the unvaccinated community. And it's heartbreaking, particularly because it's preventable," he said while delivering remarks on his Administration's progress toward fighting the pandemic.
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Political News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.