And in more economic news…

U.S. posts $117 billion June budget surplus
U.S. on track for lowest full-year deficit in five years
marketwatch.com

“Both the Obama administration and the Congressional Budget Office are expecting the government to record a deficit of below $1 trillion for the first time since 2008. In 2009, the year President Barack Obama took office, the U.S. posted a record $1.4 trillion deficit as the country struggled with the recession. Budget gaps since then have narrowed as the economy has gradually improved.”