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The White House takes aim at soaring beef prices as food inflation rears its head.

Plus, President Trump signals potential government resistance to Netflix's $72 billion

Warner Brothers takeover.

It's a lot of markets here, so we'll have to see what happens.

And the Supreme Court considers the president's power to reshape federal agencies.

It's Monday, December 8th. I'm Luke Vargas for the Wall Street Journal, and here is the AM edition

of What's News, the top headlines and business stories moving your world today.

We are exclusively reporting that a group of President Trump's top advisors are looking to tackle

soaring beef prices as the administration ramps up efforts to combat food inflation.

Steak and ground beef have hit record highs this year, but as economics reporter Chelsea

Delaney explains, there's no easy way to bring down prices, which have climbed steadily since 2021.

And that inflation is becoming a bit of an economic headache for the Trump administration.

A lot of food prices are continuing to climb quite a lot.

So it's not just beef.

It's also bananas.

It's coffee prices, which have gone up about 40% in the past year.

And this is really frustrating to a lot of people,

because the narrative coming into this year was that inflation was going to keep going down. And then

...