A report released by the Federal Reserve Bank of New York on Thursday showed a significant turnaround in regional manufacturing activity in the month of June.The New York Fed said its general business conditions index soared to a positive 6.6 in June from a negative 31.8 in May, with a positive reading indicating growth. Economists had expected the index to jump to a negative 15.1.The much bigger ...
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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.