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Rising feed prices, drought and parasites have squeezed cattle farmers, driving up beef prices. But there's also the underlying cycle of prices because of the time it takes to raise a cow.
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Fed brings down interest rates for the first time in a year under pressure from Trump administrationThe Federal Reserve cut interest rates by a quarter percentage point for the first time this year in a move to bolster the sagging job market.
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The Federal Reserve is expected to lower interest rates by a quarter of a percentage point.
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Hotel revenue was up by about 10% last fiscal year, to more than $140 million.
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The Fed lowered interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The move comes as policymakers face growing pressure from President Trump.
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President Trump is trying to re-shape the leadership of the Federal Reserve, ahead of a key vote this week on interest rates.
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A federal appeals court blocked President Trump from firing Federal Reserve governor Lisa Cook, just ahead of a key vote on interest rates.
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The Senate voted Monday to confirm Stephen Miran to the Federal Reserve Board. Miran, who has served in both Trump administrations, has said he will not resign from the White House but take a leave of absence, further stoking concerns about its independence.
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NPR's Ayesha Rascoe talks to University of Michigan economist Justin Wolfers about the Federal Reserve meeting this week and what the expected interest rate cut could mean for the economy.
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Workforce participation for moms in the U.S. has been dropping for most of this year, and the reasons are more complicated than return-to-office mandates. The team from "The Indicator" explains why.
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Consumer confidence is dropping, according to a report from the University of Michigan, which is considered a key indicator of consumer sentiment.
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Workforce participation for moms in the U.S. has been dropping for most of this year, and the reasons are more complicated than return-to-office mandates. The team from "The Indicator" explains why.