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The U.S. Is Burning Through Weapons in Iran. Russia and China Are Taking Note. The New York TimesTrump, Hegseth clashed at Camp David over Iran missile depletion concerns The Washington PostU.S. has used nearly all its stockpile of long-range missiles in Iran war, sources say CBS NewsHow the U.S. Squandered Its Strategic Advantage theatlantic.com
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Iran says deal on Strait of Hormuz is close but is not enough to open the waterway ReutersIran war live: IRGC says Hormuz to open after US ‘fully' accepts conditions Al JazeeraFormer Trump cabinet official says Iran-Oman Strait of Hormuz deal could be ‘very bad outcome' Fox NewsLive updates: Iran says Strait of Hormuz deal is close, but reopening is conditional on US compensation CNN
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Todd Blanche is narrowly confirmed as Trump's attorney general in an overnight Senate vote AP NewsBlanche confirmed as attorney general at a Justice Department shaped to serve Trump CNNIn Confirming Blanche, Senators Endorse a Justice Dept. Under Trump's Sway The New York TimesBlanche confirmation allows Trump to continue ‘pervasive, breathtaking corruption', says Schumer - US politics live The Guardian
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One Whopper of a win: Burger King takes market share from McDonald's (QSR:NYSE) Seeking AlphaBurger King's New Whopper Strikes a Blow in Fast-Food Burger Wars WSJBurger King sales surge, but Popeyes faces uphill battle Restaurant DiveBurger King overtakes Wendy's as the nation's second-largest burger chain CNBC
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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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