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

Stop Worrying About Your Kids. They’re Fine. Just use Life360.

How much is too much when monitoring kids? Life360, now a publicly traded company, is at the center of this surveillance debate.

Looking for a New Job? You'd Better Learn How to Use A.I.

While the job market is stable right now, if you're on the lookout for a new position, you can use technology to your advantage.

We Put Together a Paris Olympics Trip Absolutely NO ONE Can Afford

...but we can dream, right?

Trump Vs. Biden Has Major Repercussions for Crypto

This election will have a big impact on crypto regulation, plus why wider adoption of digital assets could mean a ‘world of hurt’ for big tech.

Texas Supreme Court Rejects Challenge to State’s Abortion Law

Friday's ruling from the court is the latest decision to uphold Texas’ abortion ban, which critics say does not offer enough clarity over exceptions.

Would You Trust A.I. to Manage Your Money?

Northwestern Mutual’s A.I. and money report shows that consumers want their adviser to take advantage of ‘superpowers’ granted by artificial intelligence tools.

CEOs Got Hefty Pay Raises in 2023, Widening The Gap with Workers

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 percent last year.

Meme Stocks Are Roaring Again. Yes, Again.

GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply.

Don’t Get Played by the GameStop Rally, This Analyst Says

While 'meme stocks' like GameStop, AMC, and even Reddit are popping, one expert says he's advising clients to steer clear.

FDRA CEO Talks Inflation, Tariffs On Footwear

The FDRA is a trade association that supports nearly 500 brands worldwide including Nike, Adidas, Walmart, and Target and represents over 90% of US shoe sales.

Load More