Latest in Egg prices soar as inflation cools in first full month of Trump term
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Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - 5h -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - 8h -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - 2d -
DOJ investigating major egg producers amid soaring prices: Sources
The Justice Department is in the early stages of investigating the major egg producers over soaring egg prices, source familiar with the matter told ABC News.ABC News - 4d -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - 5h -
Stocks tank and egg prices soar under Trump | Lloyd Green
Once again, the American economy is under the gun and under a microscope. In 2016, voters in the UK opted to leave the European Union hoping that the day after would deliver something better. ...The Guardian - 7h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 12h -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 6h -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - 1h -
Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices
Diocletian, who once ruled territory that now includes Croatia, tried and failed to rein in inflation by dictating prices. Today’s government hopes its own such plan will succeed.The New York Times - 3d -
Why you should open a $5,000 long-term CD now that inflation's falling again
Inflation fell in February for the first time since September. Here's why a $5,000 long-term CD could be worth opening now.CBS News - 5h -
Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - 4h -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 6h -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - 5d -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 3h -
Is the inflation drop good news for mortgage rates?
Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.CBS News - 1h -
Justice Department investigating egg pricing allegations, sources say
The Department of Justice is looking into the rising price of eggs based on an advocacy group's allegations of skyrocketing prices, sources say. CBS News' Jake Rosen has more.CBS News - 2d -
$70,000 more a year for eggs: How price hikes are hurting small businesses
As egg prices continue to skyrocket, small businesses grapple with how to avoid passing on the increase to their customers.ABC News - 4d -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - 3d -
Trump’s first 50 days: Stocks suffer worst start to a presidential term since 2009
The first 50 days of President Donald Trump’s second term brought heightened volatility to financial markets already worried about slowing economic growth in the world’s largest economy.MarketWatch - 2d -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - 7h -
Egg prices expected to rise amid continued bird flu outbreaks
Egg prices are expected to continue going up as farmers across the country deal with outbreaks of bird flu. The USDA is working to reimburse farmers who have to kill and replace their chickens. ...CBS News - 2d -
Trump made the stock market a marker of success. Now he's hedging as markets dip.
When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.NBC News - 1d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 3d -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 1d -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - 8h -
President Trump's address to Congress draws 36.6 million viewers, down from first term
Trump gave the longest address to Congress in history. His past speeches got better ratings.Los Angeles Times - 6d -
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.The New York Times - 4d -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 4h -
Neighbors flock to backyard chicken coops for fresher and cheaper eggs
Countless backyard chicken coop owners are seizing the moment, as the spread of bird flu has led to the deaths or slaughter of 13 million chickens, driving up egg prices.NBC News - 4h -
Protesters block main state Serbian TV building as tensions soar ahead of a planned large rally
Several hundred students have blocked Serbia’s public television station building in Belgrade as tensions soar in the Balkan country days ahead of a planned large rally billed as an endgame in ...ABC News - 1d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 1d -
U.S. Inflation Report Expected to Show Stubbornly High Prices in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 6h -
‘Baby jails’ and first steps behind bars: Trump’s immigration agenda embraces family detention again
As the US ramps up enforcement, scenes of family separation and despair from Trump’s first term are repeated. The United States has resumed placing immigrant families in detention, re-embracing ...The Guardian - 5h -
Late Night Takes Stock of Trump’s Effect on the Markets
“In the first Trump term, it took a disease to destroy the economy,” Stephen Colbert said. “This time, he’s the disease.”The New York Times - 1d -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 2d -
Key inflation data set to be released tomorrow. Here's what to expect.
Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.CBS News - 23h -
Broadway's 'Wicked' welcomes Lencia Kebede, its first pioneering full-time Black Elphaba
Green tears were flowing when Lencia Kebede made history this week on Broadway, becoming the first Black actor to assume the role of Elphaba full time in the Broadway company of “Wicked.”ABC News - 5d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 2d -
Is the new inflation data a good sign for the U.S. economy?
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 34m