Amid an unprecedented surge in the pandemic in the United States, driven by the Omicron variant, the overall death and infection rate caused by the coronavirus is reversing.
The weekly average of cases that continued to rise above 200 percent for the past few days has come down to 159 percent Wednesday, as per data compiled by the New York Times.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.