Crippling high beef prices are being felt by everyone. Tyson Foods , for example, announced plans last month to close its beef plant in Lexington, Nebraska. Roughly 3,200 workers will lose their jobs at what had long been the area’s largest employer. The Wall Street Journal on Tuesday ran a sobering story about the ripple…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were little changed as bond yields rose after a strong third-quarter GDP reading dampened expectations for future Fed interest rate cuts. However, Jim Cramer said the market is…
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new…
