Trump’s answer to soaring beef prices: import frozen foreign trimmings that could have been in storage for years—and grind them into American burgers.
Persistent pump pain and pricey burgers mean this summer's last hurrah comes with a cost crunch. The big picture: Gasoline prices are almost certain to remain north of $4 per gallon over Labor Day weekend — a heavy travel stretch and the time when midterm election season intensifies. Driving the news: Labor Day gas prices are slated to be the highest on record, surpassing the previous one set in 2012, per market tracking firm GasBuddy and AAA . - That's coming off a record-setting August, where the monthly national average of $4.07 trounced 2022's record, per AAA data. - While regular gas prices are more likely to impact Labor Day travel than diesel, the fuel that powers America's trucking fleet hit a new high Friday, driving up…
President Donald Trump is trying to lower beef prices ahead of the midterms.
Burger King U.S. and Canada President Tom Curtis details the fast-food chains strategy to manage costs amid concerns over beef prices on 'Mornings with Maria.'
On "Katie Pavlich Tonight," Lindsay Clancy’s lawyer calls for a mistrial as the case divides Americans and sets social media aflame. A sympathizer and critic of Clancy join Katie with their reactions to going viral and thoughts on the case. Meanwhile, there's another case where a young mother has been charged with killing three of her four children. NewsNation’s Allison Weiner breaks it down. Katie goes GLOVES OFF on DSA faker Gustavo Gordillo and recounts the nepotism running the entire organization. A cattle rancher joins Katie with her reaction to President Trump's action on beef prices, and Iran puts a $10 million bounty on Barron Trump as Treasury Secretary Scott Bessent claims “Economic D-Day” is upon us. Plus, Katie…
U.S. Agriculture Secretary Brooke Rollins joins 'Mornings with Maria' to discuss how a historic cattle shortage is driving beef prices higher. Rollins also reacts to the latest jobless claims and details the rising energy demands of AI data centers.
Data: Bureau of Labor Statistics; Chart: Neil Irwin/Axios The big-picture indicators of the U.S. economy — GDP, unemployment and so on — are doing fine while public opinion on economic conditions is at rock bottom. The big picture: The juxtaposition is the result of not just the elevated prices reflected in macroeconomic data, but higher and more volatile prices for the specific items that dominate Americans' day-to-day living expenses. - That's the early conclusion of top Democratic economic policy minds who have embarked on a new effort to quantify — and develop policy responses to — the economic forces that ail American households. Zoom in: The "Kitchen Table Project," led by Biden White House economic adviser Lael Brainard…
The screwworm has arrived in the United States, and it's creeping up on President Trump as a political pest. Why it matters: Trump and the Republican Party are already reeling from soaring beef prices and accelerating inflation. - A screwworm outbreak could exacerbate the GOP's biggest vulnerability just as the midterm elections are heating up. State of play: The Department of Agriculture is gearing up for a $1 billion+ fight against the screwworm, AP reports . - It'll cost about $750 million to set up a plant to produce and release 300 million sterile male screwworms every week. This technique — in which the males mate with wild females, preventing reproduction — has long been the gold standard for eradicating the pest. Threat…
Texas Agriculture Commissioner Sid Miller joins "Morning in America" to discuss the discovery of the parasitic New World screwworm fly in U.S. livestock. He says the USDA's 'failure' to control the pest will result in higher beef prices, and intends for the state to take matters into its own hands to develop a solution. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
Up to $1.8 billion in losses