Trump announces plan to lower beef prices, but ranchers and Republicans balk

President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House, Wednesday

President Donald Trump announced a temporary trade deal allowing up to 300,000 metric tons of ground beef to enter the U.S. tariff-free for 90 days. The administration aims to lower record grocery prices ahead of the midterms, but cattle producers and conservative rural-state Republicans warn the move will harm domestic ranchers. President Donald Trump’s administration … Read more

CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion

CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion

The U.S. Treasury Department announced plans to double long-term bond purchases to at least $4 billion per operation, aiming to lower borrowing costs as national debt surpasses $40 trillion. The move prompted a sharp drop in yields and a brief stock recovery, though analysts warn underlying fiscal deficits and heavy tech borrowing remain unresolved. The … Read more

Election Live Updates: Florida, Alaska and Wyoming Hold Key Primaries

Election Live Updates: Florida, Alaska and Wyoming Hold Key Primaries

Voters head to the polls across Florida, Alaska, and Wyoming on Tuesday, August 18, 2026, alongside a special congressional election in California. A sprawling, high-stakes primary day unfolds across Florida, Wyoming, and Alaska on Tuesday, August 18, 2026, with voters settling a fierce slate of state and federal nominations. Concurrently, California holds a special election … Read more