Finance
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![Fourth of July barbecue costs](/sites/default/files/styles/card/public/2024-07/GettyImages-1429927345.jpg?h=9855f42d&itok=RGPPB0-T)
Projected costs for a Fourth of July cookout rise to record levels nationwide
The American Farm Bureau said the elevated costs are also because of a low cattle supply, which is at its lowest in 73 years, a breakout in Avian flu that has affected 40 herds of cattle, and a notable drop in income for farmers.
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![John Deere factory](/sites/default/files/styles/card/public/2024-06/GettyImages-1934583731_0.jpg?h=199d8c1f&itok=qTDb-KTk)
John Deere announces layoffs in their Midwest facilities while shifting some production to Mexico
While the company made a profit last year of over $10 billion, they say the layoffs are being made because there is a reduction in demand for the products made at these factories.
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Prices up 2.6% in May from one year ago, according to key Fed inflation measure
The figures released by the Commerce Department were consistent with the previous Dow Jones estimates.