Soaring beef prices took a bite out of Tyson Foods in its most recent quarter, but penny-pinching consumers flocked to chicken, offsetting red ink from red meat.
Why it matters: The meatpacking industry is taking heat from President Trump over the surging price of beef, which experts attribute to a record global shortage of cattle.
Investors are rejoicing over what they see as an end to the government shutdown nearing — yet the positive vibes probably won't last for long.
Why it matters: A reopening would ease one pocket of worry for Wall Street, but swing attention to the others, like sky-high valuations and signs of an AI bubble.
Investors will also have to make sense soon of newly resumed government data, coming late at first and in some cases maybe not at all. (Just don't hold your breath for October CPI.)
President Trump on Sunday once again pitched the idea of sending $2,000 dividends to most Americans from tariff revenue.
The big picture: It's not clear who'd actually receive the money, but economists expect a tariff dividend could cost hundreds of billions of dollars, potentially more than the government actually collects in a year.
Why it matters: Investors monitor Buffett's annual letter religiously for insight into the market, and this will be the one of the last opportunities to do that as "Oracle of Omaha" prepares to retire.
The Trump administration has an idea to make buying a house more affordable — using the government's control over the mortgage finance system to offer home loans that can be paid off over a much longer time.
The big picture: The arithmetic of loan amortization, however, means that buyers taking out a 50-year mortgage would lose a key advantage of the more traditional loan product, while not saving that much month-to-month.
The economic data tap might soon reopen if Congress is successful in passing a funding deal.
Why it matters: Among the disruptions from the longest government shutdown on record — an interruption in the flow of indicators, including two monthly jobs reports, third-quarter GDP, the Consumer Price Index and more.
President Trump on Monday threatened to dock pay for air traffic controllers missing work during the government shutdown.
Why it matters: The air traffic control system, already strained before the government shutdown, faces more pressure as the record-breaking funding lapse continues.
Supreme Court Justice Ketanji Brown Jackson gave the Trump administration a 4pm ET Monday deadline to respond to an appeals court decision requiring that SNAP payments be issued in full.
The big picture: The 1st U.S Circuit Court of Appeals allowed an order requiring full SNAP benefits just a day after the Trump administration ordered states to "immediately undo" payments that had been processed.
Amazon is stretching Black Friday and Cyber Monday into nearly two weeks of sales — starting Nov. 20 and running through Dec. 1 — promising "millions of deals" across categories.
Gen Z is not buying the dip, while boomers are, per the latest Charles Schwab STAX index, which analyzes the trading activity of millions of customers.
Why it matters: There is a generational divide in dip buying, as younger investors appear to be skittish as their riskier investments start to fade.
California is home to the most expensive cheeseburger meals in the continental U.S., per new DoorDash data shared exclusively with Axios.
Why it matters: Looking at the price of a single expense — in this case, a cheeseburger with fries and a soda — across cities is a simple way of comparing the cost of living.
The deal reached in the Senate Sunday would reverse the mass firings initiated during the government shutdown — and guarantee backpay for furloughed government workers.
Why it matters: The provisions stymie the Trump White House effort to slash the federal workforce in the shutdown.
