All Covid-related metrics in the Unite States have shown a downward trend in the past fortnight, signaling an easing of the recent surge at the national level after the holidays. Covid positive cases have decreased by 28 percent in the last two weeks, while deaths from the pandemic fell by 4 percent. There has also been a 17 percent drop in test positivity in the last fortnight.13 percent of peopl...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.