Egg Prices See Largest Monthly Decline in 72 Years

The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.

More In Business

Crypto Meets Wall Street: Circle’s CFO on the IPO Pop Heard Around the Market

Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.

Supreme Court makes it easier to claim ‘reverse discrimination’

A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.

Trump threatens to cut Musk’s government contracts over feud

President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud.

Tesla stock plunges as Musk’s feud with Trump spooks investors

Tesla plunged closed down more than 14% as a disagreement over the U.S. president's budget bill turned nasty.

Ground beef sold at Whole Foods may be tainted with E. coli, USDA says

U.S. agriculture officials are warning that packages of ground beef sold at Whole Foods markets may be contaminated with E. coli bacteria.

Amazon planning $10B investment in NC AI campus

Amazon is expanding its cloud computing infrastructure and artificial intelligence activities into a rural North Carolina county.

Why Century21 Real Estate CEO Says Home Prices Are Finally Set to Drop

Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!

SukuPay CEO on Becoming the First Crypto Infrastructure Embedded in a Major Latin American Bank App

SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.

McDonald’s is bringing back snack wraps on July 10

McDonald’s says it's bringing back a fan favorite menu item it discontinued nearly a decade ago.

Dave’s Hot Chicken sold to Subway owner in a $1 billion deal

Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital in a deal valued at $1 billion.

Load More