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Business & Markets — July 4, 2026

The Morning Brief · July 4, 2026

Beef prices stay high despite record imports. Record U.S. beef imports have not lowered prices. Tariffs and supply chain issues make this year's Fourth of July cookout more expensive than ever.

MarketWatch · Read more →

Lawmakers disclose first SpaceX stock purchases. Members of Congress disclosed the first known purchases of SpaceX shares following the company's record IPO. Elon Musk's firm keeps deepening its role in federal contracting.

CNBC Top News · Read more →

Democrats plan subpoenas over Trump finances. Democrats are preparing subpoenas targeting President Trump's roughly $2 billion in presidency-era business gains, including more than $1 billion in cryptocurrency profits, per Axios.

Axios · Read more →

June jobs report misses expectations. The June employment report fell short of expectations, a warning sign that the labor market entered summer with less momentum than data suggested a month earlier.

Axios · Read more →

Trump Accounts launch with $1,000 for newborns. The Treasury Department launched Trump Accounts Saturday, giving eligible newborns $1,000 invested in a U.S. equity ETF. Critics note the program bans bonds and international diversification.

Washington Examiner · Read more →