A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday.The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3 percent."The US LEI increased slightly in April, driven mainly by a...
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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.