All Covid-related metrics have shown a downward trend in the past fortnight in the United States, according to latest data by the New York Times. Covid positive cases decreased by 14 percent in the last two weeks while deaths from the pandemic fell by 15 percent.Covid test positivity has fallen to 10 percent.Covid hospitalizations in the U.S. dwindled by 12 percent. The number of I.C.U. admissions...
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Political 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.