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Friday, May 22, 2026

Global Economy Slowing as Middle East Conflict Bites, Surveys Show

The S&P’s PMI for the U.S. was unchanged in May, while the eurozone reading fell to 47.5 Business activity in the U.S. grew at a steady pace in May while slowing in Europe and Asia as energy costs have risen, an indication that the global economy has been weakened by the fallout from the conflict in …

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