The Daily Money: Are egg prices up or down?
Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused edition of The Daily Money.
The average U.S. city price of a dozen large grade A at retail stores in March was $6.23, according to the latest consumer price index released April 10. The CPI is released monthly by the U.S. Bureau of Labor and Statistics and is a measure of prices paid for consumer goods and services.
But the latest wholesale egg market report on April 4 by the U.S. Department of Agriculture listed the average wholesale price of loose, white large shell eggs at almost half that or $3.26 per dozen. Another weekly report is scheduled to be released April 11.
And data gathered by Paste BN on April 10 at several retail stores in a St. Louis suburb ranged from $4.19 to $5.49.
So, what gives? Have egg prices risen or fallen? Will they be expensive for the upcoming Easter holiday?
I explain the reasons for the volatility and the vast differences in egg prices.
Price hikes likely on Amazon goods from China, CEO says
The ongoing tariff war between the U.S. and China means Amazon shoppers will likely have higher prices on some products, the company's CEO said April 10.
Amazon has also reportedly canceled some orders for products made in China, Bloomberg and The Wall Street Journal, have reported.
What popular products have been canceled?
Some banks are bringing overdraft fees back
The Biden administration four months ago capped bank overdraft fees at $5. But there was a catch: it didn't take effect until October 2025.
My colleague, Daniel de Visé, reports that it's time to worry about those fees and whether the cap will stick. Find out the latest.
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- China has hit back with 125% tariffs on U.S. goods.
- Shoppers are boycotting Walmart from April 7-14.
- Here's why your cup of coffee could cost more.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.