Around 75 million people across the Midwest, Northeast and Southeast parts of the United States are under air quality alerts resulting from monstrous cloud of smoke spewed by Quebec's wildfires.Major US cities, including New York, Boston, Washington, DC, Charlotte, Detroit and Indianapolis are under air quality alerts.The dangerous conditions will linger, according to forecasts. By Thursday mornin...
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Political 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.