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FBN’s Adam Shapiro on the probe into Monster Beverage’s advertising practices.
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And Adam Shapiro -- -- Fox Business -- forecasters have scaled back their expectations for economic growth of Philadelphia Federal Reserve's third quarter survey shows economists expect gross domestic product.
To grow at an annual rate of one point 6% this quarter down from the may forecast.
For the full year growth expectations were also cut.
To 2.2 percent the amount of corn said to be produced this year is expected to be at the lowest level in more than fifteen years.
According to the agriculture department's latest crop report -- predicted corn yield.
Is now 123.
Bushels per acre.
That's lower than estimates and down from 146 bushels from the last report.
Shares of monster beverage fell 11% today after the company revealed -- under investigation over its advertising practices.
The company says it was subpoenaed by an unnamed state attorney general last month.
As part of an inquiry into its monster energy drink --
