Who are Rupert Murdoch’s children? What to know about the media magnate’s successor and family
NEW YORK — Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place. In addition to the multi-billionaire’s legacy, Murdoch’s family has risen into the spotlight over the years, accompanied by stories of vindictive business tactics and interfamily rivalries.
WASHINGTON — House Speaker Kevin McCarthy’s latest plan to prevent a looming federal shutdown by appeasing his hard-right flank quickly collapsed Thursday. It’s a crushing defeat that makes a disruption in government services almost certain. A government closure is increasingly likely as time runs out for Congress to act.
LOS ANGELES — The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an increasingly less affordable housing market. The average rate on the benchmark 30-year home loan rose to 7.19% from 7.18% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.29%.
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