In yet another setback for the Republicans in the U.S. mid-term elections, Democratic candidate Katie Hobbs has won the Arizona gubernatorial race.Multiple US media outlets have projected that Hobbs is set to defeat her GOP rival Kari Lake.With 97 percent of the votes counted, it was clear that Hobbs has secured an unassailable lead over Lake, reports say.In her victory speech, Hobbs said that she...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.