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Also, the U.S. labor market remained robust. Here's the latest at the end of Thursday.
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After days of Republican drama, the House on Thursday passed President Donald Trump's sweeping tax cut and spending bill, sending it to his desk for signature.
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The president wins over sparring factions within his own party to get the bill passed after months of wrangling.
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President Donald Trump worked the phones late into the night to help House Republican leadership deliver his second-term policy agenda.
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The House of Representatives has passed the One Big Beautiful Bill. The package extends existing temporary tax cuts, makes cuts to Medicaid and adds spending on border security and defense.
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Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax exemptions for tipped hourly workers. But how will it work?
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The Republican leaders overcame objections from within their own party, marking a victory in their quest to fulfill President Trump's campaign promises.
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