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

Want A Better Deal On Your Next Car? Learn How To Negotiate For A Better Price

Negotiating a better price on a certified used vehicle should definitely be part of the buying process.

AI Funding Resilient in Q1 2024: $12.2B Invested Despite Fewer Mega-Rounds, Crunchbase Data Shows

In 2023, the AI sector saw significant growth in venture investment; however, concerns have risen about the sustainability of this growth.

Biden Administration Moving Ahead On $1 Billion Arms Sale to Israel

It’s the first arms shipment to Israel to be pushed forward since the administration put another arms transfer — consisting of 3,500 bombs — on hold.

Sportswear Brand On Is Ready for the 2024 Paris Games

You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.

The Best Airlines, Ranked—What to Know Before Booking Your Next Flight

You’ll be surprised how they stack up.

Earnings Season Takeaways? Companies Are Doing… Pretty Well!

Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.

As Interest Rates Remain High, Real Estate Braces for Impact

Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.

No. 1 Draft Pick Caitlin Clark Struggles At Her WNBA Debut…but Still Scores 20 Points

Disney+ streamed Caitlin Clark's WNBA debut with the Indiana Fever. This could be a turning point for the league, especially with younger fans.

Golden State Valkyries Bring Warrior Women To WNBA

Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.

Here’s Why Robinhood Received a Notice From the SEC

The culprit, according to the notice, was a violation of its registration as a broker of securities by Robinhood as well as a transfer agent.

Load More