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Bloomberg

Fourth of July Cookout Costs Rise 4% Says Stew Leonard's CEO

Stew Leonard Jr., President and CEO of Stew Leonard's grocery stores, discussed the recent 4% increase in the average cost of an Independence Day meal for 10, now $73.82. He emphasized that despite the rise, the per-person cost remains reasonable compared to dining out. The primary driver of the price increase is beef, with meat prices rising from $2.50 to $2.75 due to a 75-year low in cattle herd sizes and strong demand for protein. He speaks with Romaine Bostick & Bailey Lipschultz on "The Close."

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Bloomberg

Market Uncertainty Grows as Stocks Retrace Gains Following Jobs Report

Jim Caron, CIO of the Portfolio Solutions Group at Morgan Stanley Investment Management, discusses the current state of the stock market heading into the second half of the year. Despite significant gains earlier in the year, Caron addresses whether investors should remain overweight in equities amid recent volatility. He speaks with Romaine Bostick & Bailey Lipschultz on "The Close."

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