Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
7.2 magnitude earthquake strikes in the Philippines, tsunami possible
Earthquake centered 66 km SE of Bobon, Philippines
Bobon is on Samar Island and given the coordinates, it sounds like the epicenter is on land. However the USGS website pegs it further south than that and much closer to Davao City.
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