The Conference Board released a report on Thursday showing a continued slump by its reading on leading U.S. economic indicators in the month of November.The report said the leading economic index tumbled by 1.0 percent in November after sliding by a revised 0.9 percent in October.Economists had expected the leading economic index to decrease by 0.5 percent compared to the 0.8 percent drop original...
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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.