Breakfast is getting a bit more affordable as the price of wholesale eggs is on the decline.
The average price per dozen eggs has been slashed by more than 50 percent since its peak price of $5.43 on December 19. Now, they'll cost you $2.61. The assumption is that poultry farms that were forced to cull their egg-producing hens have begun producing eggs again.
Last year, the U.S. saw the deadliest bird flu outbreak in history across 46 states as 52.7 million chickens died. However, the majority of the deaths were from culling, a process of depopulation in an attempt to stop a virus from spreading.
The avian influenza virus that has swept across is being transmitted to farms by wild birds, unlike the outbreak of 2015, which was spread via farm-to-farm transmission.
Experts expect the new vamped version of the bird flu to stick around in the states. Like COVID-19, H5N1 has evolved into several different variants, making it more difficult to protect against.
"We don't know exactly what it is about it, but it does seem just to be able to grow and transmit better in wild birds," Richard Webby, director of the World Health Organization's Collaborating Center for Studies on the Ecology of Influenza in Animals, told NPR. "Wild birds are the perfect mechanism to spread a virus because they, of course, fly everywhere."
Apple's new iOS 17 has some promising upgrades in store for group chats. Previously, when a iMessage group chat contained an Android user, it would lose features such as text editing and threaded replies. Now group chats will retain those features, even when there is a "green bubble" in the mix.
Workers at the Barnes & Noble in Manhattan's Union Square, one of the retail chain's signature stores and home to its corporate offices, have voted to unionize.
U.S. and British cybersecurity officials warned Wednesday that a Russian cyber-extortion gang's hack of a file-transfer program popular with corporations could have widespread global impact. Initial data-theft victims include the BBC, British Airways and Nova Scotia's government.
Wilson Aerospace, a Colorado-based tools company with close ties to NASA, is suing Boeing for allegedly stealing trade secrets over the past two decades.
Apple recently acquired augmented reality company Mira following its launch of the Vision Pro headset. Cheddar News explains how Apple is looking to tap into the AR market long dominated by Meta.
Fiserv President and Chief Executive Frank Bisignano spoke to Cheddar News about what the transfer to the New York Stock Exchange means for his company and how Fiserve plans to use its partnership with the exchange in the fintech space. "We do believe that we could do a lot here creatively with the stock exchange," he said. "
It's never too early to save for retirement but many people don't have access to an employer-sponsored plan. Pratik Patel, managing director and head of family wealth strategies for BMO Family Office, joined Cheddar News to discuss other options to ensure safe retirement.
Joe Mazzola, director of trading and education with Charles Schwab, joined Cheddar News to discuss Wednesday's trading session as markets closed mixed.
