Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Facebook also says it's reacting faster to illicit sales of drugs and firearms.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
The Trump administration announces a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
Boost Mobile founder Peter Adderton said details of Boost's wholesale deal with a combined Sprint-T-Mobile would dictate if the brand can compete.Technologyread more
Amazon is reportedly getting into the wearables space. It would help the company learn more about customers and potentially corner the market on a demographic of older, sicker...Technologyread more
U.S. egg prices continued their upward climb following the most devastating outbreak of bird flu in decades, according to a U.S. Department of Agriculture report this week.
Prices of large Grade A eggs delivered to store doors in the Midwest Regional area hit a range of $2.73 to $2.81 per dozen, the report showed.
Indianapolis Business Journal notes this is the most expensive eggs have been, according to data that stretches back to 2000.
More than 48 million birds have been affected since avian flu first was spotted in the U.S. in December. While the last detection occurred in June, there is concern it could crop up again as soon as this fall once temperatures drop and wild birds continue their migration to the Southern states, which have mostly avoided the outbreak to date.
If this does happens, consumers can expect egg prices to be further squeezed with one analyst forecasting $6 per dozen eggs could become a reality.