Egg prices are likely to shoot up even more in 2025. Here's what to know.
CBSN
At Market Basket locations in some parts of Massachusetts, customers are being asked to limit their egg purchases to two cartons per family. Another shopper on the hunt for eggs, this one in Las Vegas, reported finding empty shelves at a local grocery store. On social media, a consumer accustomed to paying around $2 for a dozen eggs expressed shock over now having to pay more than double that amount.
Egg restrictions, shortages and record-high prices are ruffling feathers at supermarkets across the U.S. as a deadly strain of avian flu continues to decimate the country's poultry flocks. To the dismay of consumers still struggling to digest soaring food costs, that likely means even higher egg prices in 2025.
"I think eggs have felt relatively extreme over the past few months," Kip Green, co-owner and general manager of Montague Diner in Brooklyn, New York, told CBS News. "We're fortunate though, we have a great relationships with our purveyors, with farmers. So everybody is trying to help each other out, which is lovely."
As deadly wildfires engulf swaths of Los Angeles County, forcing nearly 200,000 people from their houses, a still-to-be known number of residents will be contending with insurance claims to recoup losses and rebuild or repair their homes. For those looking to be treated fairly and paid for damage and destruction to their property, speaking up and doing advance research is crucial, experts and consumer advocates say.
In helping instigate a heated debate over H-1B visas, Elon Musk is speaking both from personal experience and as a business owner. That's because his company, electric car maker Tesla, is among the U.S. companies that bring thousands of foreign engineers and other skilled workers into the U.S. each year.