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Republican Rifts Deepen Over $95 Billion Budget Plan for Iran War and SAVE Act The New York TimesUS House Republicans push forward on Trump funding plan for Iran war, election overhaul ReutersSenate GOP isn't sold on Mike Johnson's budget blueprint PoliticoSenate faces 'come-to-Jesus' moment on Trump's election priority under GOP's new plan Fox News
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The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.
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Mortgage activity in the U.S. has contracted for consecutive weeks. In the week ended April 26, the mortgage activity composite index slid 2.3% following a 2.7% fall the week before. Refinancing fell 3.3% while purchase applications dropped 1.7%. Inflation's stubbornness in the first quarter of 2024 has led investors to conclude that the Federal Reserve's first rate cut might not be coming this year. This has buoyed interest rates such as the 30-year fixed-rate mortgage. In the week ended April 26, the 30-year fixed rate rose 5 basis points to 7.29%, its highest since November.
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