weak housing data. the data do suggest that the housing market is cooling. u.s. home building fell to a 13-month low in may. permits tumbled. and due to a combination of factors really. inflation. persistence of supply chain issues. and the uncertain economic outlook. meanwhile, on the rate side of things, we ve seen another step higher in mortgage rates. the popular 30-year fixed mortgage jumped by the biggest margin this week, since 1987, to 5.78%, and that is up from 5.23% the week before, and to the highest level since 2008. so rates are huizing. making it are rising, making it less affordable for first time home buyers to get into the market. yes, this data shows that the housing market is showing some signs of cooling. one more, rev lon filed yesterday for chapter 11 bankruptcy protection as it grapples with supply chain issues, how much help do you think the company needs to stay
to 50 votes to try and overturn regulations on net knew you tralty. that was seen as a deregulation for the broadband in the streets something they say was bad news for consumers. others say this allows industry to invest in technology. and cvs says it will stop using digitally altered branding images for in-store products. what do they get on 245? what s interesting is what they re trying to do to some their suppliers. they re also going to force suppliers in their stores to follow similar guidelines over the next two or three years pore face being banished from the 9,600 u.s. stores. that will have an impact. so far, we ve not had a lot of major reaction except for from rev lon who say they fully endorse this new set of guidelines. all right. thanks so much. good. because i always buy things because of the pictures.