30-Year Mortgage Rate Rises to 6.69%, Reaching a One-Year High
Freddie Mac’s national weekly benchmark rose for a fifth straight week, adding pressure to borrowers and making refinancing less attractive.
United States
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New federal data show child care and multigenerational caregiving remain major household pressures
Census and Federal Reserve analyses released in 2026 document the costs of paid child care and the growing prevalence of adults living with both a parent and an adult child.
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CFPB credit dashboards show stronger mortgage and credit-card originations in latest data
The Consumer Financial Protection Bureau updated its national consumer-credit dashboards on July 22, adding data on auto loans, credit cards, mortgages and student loans while cautioning that the information reflects records from one nationwide reporting agency.
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Senate leaders unveil short-term funding plan aimed at pushing shutdown risk past midterms
Senate leaders introduced a proposal on Aug. 2 to fund federal agencies into early December, but the measure still requires congressional approval and presidential enactment.
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Cyclospora outbreak expands to 15 states as federal officials focus on recalled iceberg lettuce
Federal officials say a Cyclospora outbreak has expanded from five states to 15, with the investigation focused on iceberg lettuce from central Mexico recalled by Taylor Farms de Mexico.
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Senate leaders unveil stopgap funding deal aimed at keeping government open through early December
Senate leaders reached a short-term funding agreement intended to keep federal agencies operating past the 2026 midterm elections, but the proposal still needs congressional approval and the president’s signature.
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Paramount-Warner Bros. Deal Faces New Legal Delay as August Review Deadline Nears
A judge extended a restraining order affecting Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, keeping the deal under court and regulatory pressure.
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Smithsonian’s ‘By the People’ program brings 250th-anniversary history discussions to communities nationwide
The Smithsonian and the Federation of State Humanities Councils are coordinating community-driven programs across 46 states, Washington, D.C., and four U.S. territories through August 2026.
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Fed says tariffs, energy costs and AI investment pushed U.S. inflation higher
The Federal Reserve’s July report to Congress said inflation rose notably in recent months, while the economy continued to expand and the labor market remained broadly stable.
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July jobs report becomes key test of a cooling U.S. labor market
The Bureau of Labor Statistics is scheduled to release its July employment report Aug. 7, with expectations for nearly 100,000 new jobs and continued difficulty for younger and unemployed workers.
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SEC and Big Ten support revives Senate prospects for bipartisan college-sports bill
Support from the SEC and Big Ten has improved the Senate prospects of a bipartisan college-sports bill, but the proposal has not become law and no Senate vote is confirmed.
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House passes defense bill backing $1.15 trillion national-security package and Department of War renaming
The House passed a defense-policy bill on July 22, 2026, that incorporates President Donald Trump’s $1.15 trillion national-security spending request and proposes renaming the Department of Defense.
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NFL labor talks with referees break down as league prepares for possible replacement officials
Negotiations between the NFL and its referees’ union have reached an impasse ahead of the May 31 expiration of their collective bargaining agreement.
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DHS investigates cyber breach of an information-sharing network
The Department of Homeland Security said it is investigating a recent cyber incident involving an unnamed, nonclassified information-sharing environment. The department has not disclosed the network, scope or whether data were taken.
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FBI says child-exploitation operation located more than 200 victims and led to 350-plus arrests
The FBI says Operation Iron Pursuit, a monthlong April 2026 effort with federal, state, local and community partners, located more than 200 child victims and produced more than 350 arrests.
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Senate Panel Votes 8-5 to Hold Anthony Fauci in Contempt
The Senate Homeland Security and Governmental Affairs Committee voted 8-5 on August 6 to hold Anthony Fauci in contempt after he declined to answer questions at a July 29 hearing.
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Senate Panel Votes to Hold Anthony Fauci in Contempt Over Refusal to Answer COVID-19 Questions
The Senate Homeland Security and Governmental Affairs Committee voted August 6 to hold former NIAID director Anthony Fauci in contempt after he declined to answer questions at a July 29 hearing.
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Utz recalls selected Zapp’s and Dirty potato chips over possible Salmonella contamination
Utz Quality Foods announced a voluntary U.S. recall of selected Zapp’s and Dirty potato chips after a seasoning ingredient containing dry milk powder may contain Salmonella.
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HHS proposes changing Medicaid health-care tax rules
The Department of Health and Human Services published a proposed rule on July 23, 2026, to amend Medicaid’s indirect hold-harmless threshold for health-care-related taxes.
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HUD schedules $93 million healthcare mortgage-loan sale for August 11
The U.S. Department of Housing and Urban Development has scheduled a sealed-bid sale of 14 federally held Section 232 commercial mortgage loans backed by 13 healthcare properties.
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U.S. jobless claims rise to 199,000 as layoffs remain historically low
Initial unemployment claims increased by 1,000 for the week ending August 1, one day before the federal government’s broader July jobs report.
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Restaurant industry lowers 2026 sales outlook after a tougher first half
The National Restaurant Association lowered its 2026 sales-growth projection to 4.3%, citing higher gasoline prices, household budget pressure and uneven customer traffic.