COVID-19 and the Economy

Beef and veal prices have increased by nearly 15% over the last year, according to the U.S. Bureau of Labor Statistics. The price surge is due to the lowest cattle numbers in 75 years and a lack of supply that will take time to rebuild. Texas officials predict beef prices won't truly drop until 2027, even with federal efforts to open more grazing land.

Day 26 and counting of the government shutdown, and there is still zero end in sight. Now, there are new warnings the shutdown could dramatically slow holiday spending.

The White House is ramping up tariffs again and this time your favorite pasta product could get caught in the crossfire. A separate tax on copper imports is already being felt.

A federal government shutdown has begun, leading to the furlough of over half a million employees, an immediate halt to small business loans, and threats of mass, permanent program cuts and firings by the Trump administration.

A new report finding gen z is facing a harsh new financial reality. Their credit scores are plunging. The average fico score of 676 is well below the national average of 715. Experts say pandemic spending, student loans, and poor money habits are all factors.

Texas job growth and construction activity have slowed, according to a Dallas Fed report, with tariffs and economic uncertainty cited as major contributing factors.

The Labor Department says employers added only 73,000 jobs in July... Economists initially expected a gain of 115,000. FOX News' Shannon Bream has the details on why this happened and an update on the current unemployment rate.

The Trump administration's push to move on from the Jeffrey Epstein case is not sitting well with some of his loudest supporters and President Trump said Federal Reserve Chairman Jerome Powell "does a terrible job" but denied reports that he plans to fire him.

President Trump plans to sign his massive tax and spending cuts package tomorrow. The deadline he set for the bill's passage. The bill cleared the U.S. house after hours of delay by democrats and some republican holdouts.

House members have still not voted on President Trump's budget bill. His deadline is the 4th of July. The legislation features tax and spending cuts but not everyone is happy with where those cuts are coming from and others feel it doesn?t cut enough.

Popular leaders inside the Democratic party say they are trying to connect with American voters through the economy and the upcoming vote on the budget bill.

President Trump marks 100 days in office next week and new polling shows how voters really feel about the administration's performance.