Eggs are finally getting cheaper at the supermarket, according to the latest consumer price index released on Tuesday.
Egg prices fell nearly 7 percent in February from the month before. This is the first decline in months.
The cost of eggs is still up 55 percent from a year ago, as avian flu, supply chain snags, and egg producers' lining their own pockets pushed up prices.
Federal data tracked by the Federal Reserve Bank of St. Louis showed that a dozen large Grade A eggs cost $4.21 in February, which is down 13 percent from a record high in January.
The consumer price index overall increased 0.4 percent in February, a slight deceleration from the month before. Year-over-year inflation, meanwhile, was 6 percent.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.
Elon Musk’s X has reached a tentative settlement with former employees of the company then known as Twitter who’d sued for $500 million in severance pay.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Explore how Guident’s cutting-edge software is shaping the future of autonomous vehicles with CEO Harald Braun. Safety, control & AI at the wheel of innovation.
Wondercraft co-founder Oskar Serrander discusses the booming AI audio industry, deepfake risks, and the growing market for synthetic, AI-generated content.
