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The average Thanksgiving feast for a family of 10 is expected to cost less in 2020 despite a surge in meat prices. The America Farm Bureau Foundation says that the average feast for 10 will cost .90, which is .01 less than in 2019.While other types of meat are more expensive this year, according to USDA data, turkey prices have dropped. A 16-pound turkey is expected to cost .39, which is down 7% from a year ago. Conversely, meat prices in general have jumped more than 6% from October 2019 through October 2020.“The average cost of this year’s Thanksgiving dinner is the lowest since 2010,” said AFBF Chief Economist Dr. John Newton. “Pricing whole turkeys as ‘loss leaders’ to entice shoppers and move product is a strategy we’re seeing retailers use that’s increasingly common the closer we get to the holiday.”Whipped cream and sweet potatoes have also seen a modest decrease in cost over the last year.The data was compiled from 230 pricing surveys spread across all 50 states. 1001

The 2020 American Music Awards will take place on Sunday, Nov. 22, and will air on ABC at 8 p.m. ET.Ciara hosted last year's ceremonies and Taylor Swift walked away with five awards, including Artist of the Decade.Swift now has the most AMA awards by any artist ever.The “2020 American Music Awards” will be produced by Dick Clark Productions. 351

Stocks tumbled Friday as trade tensions between the United States and China heated up.The Dow closed down 572 points, a drop of 2.3%, after President Trump threatened to escalate a confrontation with China over trade. It fell as much as 767 points earlier in the day. The S&P 500 and the Nasdaq each declined more than 2%.Friday's losses wiped out gains for the week, and the Dow sank back into correction territory — 10% below its all-time closing high in January.Trump said late Thursday that he was considering tariffs on 0 billion more in Chinese exports, which would triple what the United States is already planning."The fear of a policy mistake on trade is increasing," said Art Hogan, chief market strategist at B. Riley FBR.All 30 companies on the Dow lost ground on Friday. Caterpillar, Boeing and Nike, giants with heavy exposure in China, were among the biggest losers in the index."The ratcheting up of trade tensions clearly carries risks. The tariff threats, even if only intended as bargaining tools, will be difficult to back down from if talks fail to deliver results," Capital Economics' Julian Evans-Pritchard wrote in a research note Friday.Anxiety returned to Wall Street after three days of gains. The VIX, a measure of market volatility, spiked 12%. CNNMoney's Fear and Greed index sank further into "extreme fear" territory.Wary investors had been holding out hope that the two sides will reach a deal before the proposed trade barriers go into effect.White House officials, including top economic adviser Larry Kudlow, have sought in recent days to soothe business leaders' fears of a trade war that would constrain economic growth.Earlier this week, the Trump administration announced plans for tariffs on billion worth of Chinese goods in retaliation for China's alleged theft of US intellectual property. Beijing fired back hours later by threatening tariffs on billion worth of US goods, including cars, planes and soybeans.The market had been interpreting Trump's proposed tariffs as negotiating tactics meant to extract concessions out of China rather than a rigid position. But Wall Street began to reassess that view as the administration sent conflicting signals throughout the day."We've gone from Larry Kudlow trying to calm the markets down to the administration saying, 'Hey, ignore the markets,'" Hogan said.In a radio interview Friday morning, Trump said, "I'm not saying there won't be a little pain, but the market has gone up 40%, 42%, so we might lose a little bit of it."Selling accelerated later in the day after Treasury Secretary Steve Mnuchin told CNBC, "There is the potential of a trade war."Investors had been operating under the assumption China and the United States were negotiating to avoid a trade conflict, but Mnuchin avoided questions about whether the two countries were actively talking."As no one came out to pull this back, there was a gradual realization that this was something that might be a little more serious," said Brad McMillan, chief investment officer for Commonwealth Financial Network.Analysts said the market also responded to comments from Federal Reserve Chair Jerome Powell.Powell said that the US economy was growing and a turbulent stock market would not change the Fed's course to gradually raise interest rates. The Fed is on track to raise rates three times this year, but it could speed up that process to cool down the economy."Markets are forced to confront the idea that rates are going up and the stock market is not going to derail that process," McMillan said.Stocks were mostly unaffected by the March jobs report, which showed that the US economy added 103,000 positions, down from a much bigger gain in February and well below what analysts were expecting.Wages grew 2.7% in March compared with a year earlier, in line with expectations. Investors were watching that number because it's a barometer of inflation. In February, an unexpected jump in wage growth set off inflation alarm bells and caused stocks to plunge.The combination of the hiring slowdowns and modest wage growth temporarily eased Wall Street's concerns that the economy was overheating.The yield on the 10-year US Treasury note, which has been steadily climbing as investors' inflation expectations rise, dipped to 2.78% after the jobs report."Investors breathed a sigh of relief," said Sam Stovall, chief investment strategist at CFRA Research. "Now we only have one issue to deal with, and that's trade."—CNNMoney's Paul R. La Monica contributed to this report.The-CNN-Wire 4564

Target announced Tuesday that it is raising its starting pay to an hour beginning July 5, fulfilling a promise it made three years ago to pay all employees at least an hour.In 2017, Target announced it planned to increase starting pay for employees from to an hour by 2020. Since then, the store has gradually increased its starting pay each year. In 2019, Target increased starting pay from an hour to an hour.“Everything we aspire to do and be as a company builds on the central role our team members play in our strategy, their dedication to our purpose and the connection they create with our guests and communities,” Brian Cornell, Target's Chairman and CEO, said in a statement.Target also announced that it would be giving a 0 bonus to all essential workers "for their efforts throughout the coronavirus pandemic."In addition, Target said that it was offering employees free access to telehealth services through the end of the year, even for employees who don't get insurance through the company. 1039

TAMPA, Fla. — A Florida mother has filed a wrongful death lawsuit against a Tampa gas station after she claims the station's market sold her son "defective capsules" of kratom, which led to his death.Laura Lamon filed the wrongful death lawsuit filed against Sligh Petrol Mart operated by Anjiya C- Store Inc., on May 18 for selling her 27-year-old son Christopher Waldron the herbal supplement capsules.Lamon is suing Sligh Petrol Mart for negligence. Count three of the filing claims that Slight Petrol Mart displayed “the capsules next to over-the-counter oral medications and selling the capsules as a product taken orally when the capsules were not safe to orally ingest.” The lawsuit LAO alleges that “Sligh Petrol Mart failed to provide its customers, including Mr. Waldron with any reasonable warnings or instructions or with the capsules. The failure to provide a reasonable warning or instructions made the capsules unreasonably dangerous.”Waldron died on July 7, 2017 from what the Hillsborough County Medical Examiner’s Office autopsy report says was “intoxication by Mitragynine (kratom)."The toxicology report shows that Waldron’s levels for Mitragynine were 1.8 mg/L — levels that are considered extremely high.According to Associated Medical Examiner Leszek Chrostowsk, if Waldron didn't take kratom, he'd be alive today.Lamon said her son struggled with an addiction to prescription painkillers for more than a decade. When she got the phone call from Tampa Police that her son might have died from an overdose; she assumed it was from a prescription painkiller.“I was shocked, I thought it would for sure be opiates, for sure. I had no idea about this,” Lamon said.  According to Lamon, the capsules Waldron took before he died were labeled "Optimized Plant Meditated Solutions (O.P.M.S.) Gold." The front of the packet identifies the supplement as Mitragyna Speciosa Botanical Extract. The back of the package says the product contains Mitragyna Speciosa Leaf Extract and that it contains 60mg of Mitragynine.There are no instructions on the packet, just a warning that claims the pills are “only for use as a botanical specimen. Manufacturer of this product takes no responsibility for the misuse of this product.” The packet also contains a link to O.P.M.S. website for another disclaimer."If it were properly labeled than he would've had a chance, you know, to say OK I shouldn’t take this amount,” Lamon said. “Again, I don't know how much he took, but it was enough to kill him.” 2611