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.
US July budget deficit $302 billion vs $307 billion exp
Meanwhile, the market can't buy bonds fast enough
These numbers are mind-bogglingly large. The big question is whether Democrats can pass anything close to a $3.5 trillion bill without major pushback from moderates.
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