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Why beef prices are rising
MSNBC’s Betty Nguyen gets the latest economy headlines from analyst Hitha Prahbahker. Prahbahker comments on the Dow’s record territory and how the Fed’s effort to keep interest rates low will perpetuate the Dow’s growth. Moms should be expecting some bling this Mother’s Day as the NRF is projecting high spending. Beef prices are rising as a result of droughts and the increased overseas demand for beef.