Amy Morris

NASDAQ up 0.2%.

The Dow up 0.1%.

The 10-year Treasury yield.

at 4.4%, and the two-year yield at 3.93%.

The Trump administration is opening the way to import more steaks and ground beef from overseas.

The Wall Street Journal reports the administration plans to temporarily reduce tariffs on beef imports.

as soon as today, and that the White House will direct the Small Business Administration to increase loans and access to capital for U.S.

ranchers while reducing protections for gray and Mexican wolves.

During a separate event in the Oval Office, President Trump asked Agriculture Secretary Brooke Rollins about beef prices.

We're working on it.

In February, the administration allowed more beef imports from Argentina to try to bring down those prices.

The White House is reportedly considering removing current FDA Commissioner Marty McCary.

and naming FDA deputy commissioner Kyle Diamantis as acting commissioner.

Senior pharmaceutical analyst Sam Fazelli with Bloomberg Intelligence says McCary's potential removal follows months of turbulence at the FDA.

Bloomberg's Sam Fazelli on Bloomberg Intelligence.

UK's Prime Minister Keir Starmer says he'll contest any leadership challenge as he battles to save his premiership.

I know I have my doubters.

Starmer hinted at a policy offering to turn his party's fortunes around, vowing to rebuild the UK's relationship with Europe.

He also said he would legislate to take full ownership of British steel.

A former minister, Catherine West, withdrew her threat to force an immediate leadership contest, but said she would still push for a timetable for Starmer's exit.