President Biden is taking his new infrastructure law on the road. He’ll visit New Hampshire today to see a bridge in need of repair and then stop at a General Motors plant in Detroit tomorrow. The bill was signed yesterday and will also fix roads and tackle pollution.
And get ready to pay more for meat. Tyson Foods is planning another round of price hikes to offset higher inflation. The nation’s top-selling meat company says during its fourth fiscal quarter chicken prices rose 19-percent, beef jumped 33-percent and pork shot up 38-percent. The chief financial officer says they’ve been slow to raise their prices but are now making up for the delay and hope to recover cost increases next year.
This is the latest news.
Here’s Mark Mayfield.