The change in percentage of all Covid metrics in the United States have turned below zero for the first time in several months, giving a clear indication that the pandemic is in recession, and life in the country is fast returning to normal.
New coronavirus infections fell by 67 percent in the last two weeks. Covid deaths reduced by three percent in the same period. The number of people hospitalized due to the disease dwindled by 34 percent, while I.C.U. admissions decreased by 28 percent, as per New York Times' latest tally.
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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.