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Why have US beef prices risen around 13% over the past year? Who’s making money from the burgers and steaks Americans eat? Presenter Sam Fenwick speaks to a cattle rancher in South Dakota, an agricultural economist in Wisconsin, a meat packer in North Carolina and a restaurant owner in Nebraska to find out what’s happening in this quintessentially American corner of the food market. We unpack the US beef supply chain to discover why prices are rising, who’s making money from it and who’s getting squeezed. Presenter: Sam Fenwick Producer: Gideon LongYou can email the team: businessdaily@bbc.co.uk(Picture: A cow waiting to eat at a feedlot in Saltillo, Mexico, June 1, 2026. Credit: REUTERS/Daniel Becerril)

Ed Butler speaks to the man who coined the term BRIC for the emerging economies of Brazil, Russia, India and China. Now back in the headlines as an adviser to Britain’s likely next Prime Minister, Andy Burnham, Jim O'Neill argues that Western nations must abandon what he calls their neo-colonial attitudes towards the world's new industrial powerhouses.(Photo: Chinese President Xi Jinping and India Prime Minister Narendra Modi at the BRICS summit in Kazan, Russia, 23 October, 2024. Credit: China Daily/Reuters)You can email the team: businessdaily@bbc.co.ukProducer/presenter: Ed Butler

Will Bain is joined by Seijiro Takeshita in Japan and Yael Selfin in the UK to discuss the week's biggest business stories. As Nato members agree to greater defence spending, we examine how economic conditions in the UK and Japan are shaping their ability to fund these commitments, as governments balance growing security demands with pressure on public finances. Plus, what Microsoft's layoffs at Xbox reveal about the global gaming industry after years of rapid growth.(Photo: Nato Secretary General Mark Rutte and US President Donald Trump meet on the sidelines of the NATO summit in Ankara, Turkey, 08 July 2026. Credit: Filip Singer/Reuters)You can email the team: businessdaily@bbc.co.ukPresenter: Will Bain Producer: David Cann