In spite of the Biden administration's all out effort to expedite vaccination and booster shots, the United States is experiencing an unprecedented surge in new Covid cases and deaths, triggering fears that the country is heading towards a bleak holiday season.
Cases are skyrocketing in states such as Vermont, New Hampshire and Michigan, which are in the colder parts of the country.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.