Trends in Consumer Spending and Retail Sales

It's summer grilling season, and beef prices are at an all-time high. Ground beef prices have increased 45% in the last 10 years as cow inventory in the U.S. has dwindled. This means that people and businesses with a hankering for beef are having to get creative. But first: The president says he likely won't fire the head of the Federal Reserve, and tariff delays helped boost consumer spending in June.