Government borrowing is increasingly financing capital expenditure, boosting economic growth potential as effective capital spending surpasses the fiscal deficit. Conservative tax revenue growth, alongside non-tax receipts and asset sales, provides a cushion. While revenue spending is managed, a slight increase in the budget size is observed, with a focus on easing the debt burden towards targets.
US Stock Market | Inside the Rally: What’s fueling Apple Inc. stock surge
Apple Inc. posted strong earnings, beating estimates with robust iPhone demand and services growth. AI optimism, global resilience, and shareholder returns boosted sentiment, though valuation
May 1, 2026