New York continues to be the hardest hit state in the U.S. with record breaking number of coronavirus cases day by day.On Tuesday, 26,456 cases were reported there, which marks one of the highest single day count in the state since the pandemic broke out in the country.With 74 deaths reporting on the same day, New Yourk's total Covid casualties increased to 58,221.A total of 2,07,341 new cases wer...
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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.