Romance apps are having trouble getting dates.

I'm David Brancaccio in Los Angeles.

First, an update on where the Senate version of the big tax and spending bill stands

one week before the Republican's self-imposed deadline of the 4th of July.

Some significant pieces are getting stripped out.

Republicans drop the so-called revenge tax from the bill.

That would have taxed foreign companies doing business in the U.S.

There were fears the tax would discourage foreign investment.

It would have applied to companies from countries that impose taxes on U.S. firms,

such as a digital service tax aimed at American tech giants. But the revenge

tax was dropped at the request of Treasury Secretary Scott Besson. In a post on X, Besson said

the revenge tax wasn't necessary because he's worked out a global tax deal that will defend American

interests. A provision in the bill on Medicaid was struck down by the Senate parliamentarian, who said it violates Senate rules.

The proposal would have limited that taxes states can charge health care providers.

The taxes can boost the amount of money states get for Medicaid from the federal government.

I'm Nancy Marshall Genser for Marketplace.

The chair of the White House Council of Economic Advisors, Stephen Mirren, is suggesting the Trump

administration could extend the July 9th tariff deadline for some countries. You don't blow up a deal,

he told the news site Yahoo Finance that's making good faith, sincere, authentic progress by dropping a tariff bomb on it, unquote.

There are more signs the bloom is off the rose for the dating app business. Bumble says it's laying off nearly a third of its employees since the company's launch of its stock back in 2021.

Stock prices have fallen about 90 percent, $75, then $6 in change now.

Marketplaces Elizabeth Troval has more on what ails the swiping for affection industry.

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