The White House has named Jim O'Neill as the Acting Director of the US Centers for Disease Control and Prevention.He replaces Susan Monarez, who was removed earlier this week after she refused to step down.The White House fired Monarez citing the reason that she was "not aligned with the president's agenda."Dr Monarez's lawyers said she was being targeted for refusing "to rubber-stamp unscientific...
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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.