11 percent fall in Covid-related casualties has been reported in the United States in the last two weeks, according to the New York Times.At the same time, Covid positive cases increased by 6 percent in the last fortnight.With 7503 new cases of coronavirus infection reporting on Sunday, the total U.S. Covid cases reached 97,741,796, as per Johns Hopkins University's latest data.12 Covid deaths 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.