Surges in new coronavirus cases are being reported in pockets of the United States, including the Northeast, Rockies, and Upper Midwest.Michigan and Minnesota are the country's new hotspots. Hospitals in these states have recorded the highest inflow of Covid-19 patients in recent months, reports say.The United States on Tuesday reported 85,861 new cases of coronavirus infection, reflecting an 18 p...
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Political 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.