The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased by less than expected in the month of June.The report said the Conference Board's leading economic index climbed by 0.7 percent in June after advancing by a downwardly revised 1.2 percent in May.Economists had expected the index to increase by 1.0 percent compared to the 1.3 percent...
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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.