What the Fed rate pause may mean for mortgage interest rates

The Federal Reserve’s latest interest rate pause could impact homebuyers and owners trying to refinance. sakchai vongsasiripat/Getty Images Another Federal Reserve meeting, another interest rate pause. For the third time this year, the central bank elected to keep its Federal funds rate untouched, leaving it at the same range of 3.50% to 3.75% on Wednesday. …

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US House Backs Effort to Advance Measure Opening Debate on ICE Funding and FISA

WASHINGTON, April ⁠29 (Reuters) – ⁠A measure ⁠to open debate ​on key legislation ‌to outline funding ‌for ⁠immigration ⁠enforcement operations and to renew ​foreign surveillance authority was approved ​in the House of ⁠Representatives on ⁠Wednesday. The ⁠victory came ​after House Speaker Mike ​Johnson ⁠persuaded his fellow Republicans to back ⁠the measure in an effort that …

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Pentagon’s Hegseth Defends Iran War, Says It Is Not a Quagmire

WASHINGTON, April ⁠29 (Reuters) – ⁠U.S. Defense Secretary ⁠Pete Hegseth sought to defend the ​Iran war in fiery remarks to Congress on Wednesday, ‌saying it was not ‌a quagmire and attacking Democratic lawmakers ⁠as “feckless” for ⁠criticizing the unpopular conflict. Hegseth was testifying before Congress ​for the first time since the U.S. and Israel launched …

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Wellness company described as sex cult lobbies Trump allies for pardons

San Francisco-based sexual wellness company OneTaste is lobbying for clemency through allies of President Trump for its former CEO and founder, Nicole Daedone, and former head of sales Rachel Cherwitz, who were both sentenced to more than five years in prison for forced labor conspiracy. CBS News’ Shanelle Kaul has more.

Comey appears court after his indictment for allegedly threatening Trump

Former FBI Director James Comey made his first court appearance Wednesday after his indictment a day earlier for allegedly making threats against President Trump. He did not enter a plea on Wednesday. Federal Magistrate Judge William E. Fitzpatrick read the charges against Comey and denied the Justice Department’s attempts to set conditions of release. “I …

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Canoe Carrying About 35 Passengers Capsizes on River in Uganda’s West

KAMPALA, April 29 (Reuters) – ⁠A ⁠canoe carrying ⁠an estimated 35 to ​40 passengers capsized on a ‌river in Uganda’s ‌west near Lake ⁠Albert, ⁠police said on Wednesday. Police said in a ​statement on X that one survivor had been identified ​and the exact number of ⁠missing people ⁠was yet ⁠to be ​confirmed due to …

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What’s the CD account interest rate forecast for May 2026? Experts weigh in

Knowing where CD account interest rates may be heading is critical for savers looking to lock in the highest return possible now. Getty Images/iStockphoto Interest rates have been high for a while now, and though that’s unfortunate news for consumers needing to borrow cash, for savers, it’s a boon. It’s particularly beneficial for those willing …

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