Segments From This Episode

• The president says he likely won't fire the head of the Federal Reserve

  by Nancy Marshall-Genzer

  There’s a mixed message this morning from President Donald Trump on whether he would fire Federal Reserve Chair Jerome Powell. A report that Trump would dismiss Powell over cost overruns for renovations to the Fed building spooked markets yesterday.

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• Decoding retail sales

  by Sabri Ben-Achour

  Consumer spending is the foundation of this economy, which is why we look at how much people spend at stores each month. Retail sales jumped 0.6% in June — a big change from the month before, when consumers held back and spent less. Let's discuss with Diane Swonk, chief economist at the audit, tax and advisory firm KPMG.

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• Unpacking beef prices

  As you fire up the grill this summer, your mind may turn to beef prices, which are at an all-time high. Ground beef prices are up 45% in the last 10 years, faster than inflation. This means people and businesses have had to get creative. The BBC's Monica Miller filed this report for us.

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