The United States has recorded a 50 percent surge in Covid cases in the last fortnight, according to the latest New York Times tally. There has also been a 11 percent increase in the number of people hospitalized due to the disease.16,564 patients are remaining in the country's hospitals for treatment for the viral disease. Out of this, 1,963 patients are admitted in intensive care units.Meanwhile...
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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.