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A shopper looks at eggs for sale in a grocery store in the Manhattan borough of New York City, Feb. 25, 2025.Spencer Platt | Getty Images News | Getty ImagesWholesale egg prices have fallen significantly in recent weeks, a dynamic that may soon offer relief for consumers shell-shocked by record-high prices at the grocery store this year.How quickly — and how much — retail prices will fall is unclear, however, experts said.Wholesale prices dropped to $4.83 per dozen Friday, a 44% decline from their peak of $8.58 per dozen on Feb. 28, according to Expana, which tracks agricultural commodity prices.The…

The US stock markets have been volatile recently.Angela Weiss/AFP via Getty Images The US stock market selloff is prompting investors to seek opportunities in global equities. Emerging markets are outperforming as US recession fears drive investors to diversify their portfolios. However, a US economic slowdown would still pose risks to global markets. The recent stock market rout in the US has benefited equities elsewhere as investors rotate investments — but their long-term gains could still hinge on the American economy. Last week, the US stock markets saw a brutal selloff over fears of a recession. The S&P 500 is down…

(Reuters) -Wall Street’s top regulator is considering changing or scrapping regulations proposed under the prior administration that would require investment advisors keeping custody of cryptocurrencies and other assets to meet stricter standards, the agency’s interim chief said on Monday. Mark Uyeda, acting chair of the U.S. Securities and Exchange Commission, also said the agency was developing possible changes to a recent rule that requires mutual and exchange-traded funds to report portfolio holdings on a monthly rather than a quarterly basis. His address to an investment industry conference in San Diego laid out plans for a sharp divergence from the way…

People line up outside the Social Security Administration office in San Francisco.Getty ImagesNew leadership at the Social Security Administration tied to the Trump administration’s so-called Department of Government Efficiency has implemented swift changes.Many experts say Americans will notice a difference when seeking help from the agency following staff cuts, regional office closures and new service policies.The Social Security Administration is currently under the temporary leadership of acting commissioner Lee Dudek, who was assumed that role in February after acting commissioner Michelle King stepped down over DOGE privacy concerns. Dudek had previously publicly stated he had been placed on administrative leave…

adamkaz/Getty Images Older Americans are facing retirement uncertainty because of market dips and Trump policy changes. Financial advisors urge against drastic investment changes, despite recession fears. Diversifying income sources and delaying taking Social Security can help stabilize retirement plans. With dips in the stock market, planned staff cuts to the Social Security Administration, and rapidly changing economic policy, nearly a dozen older Americans told Business Insider they aren’t sure how to navigate retirement under Trump 2.0 — so we asked financial advisors. It turns out they’ve also been fielding an uptick in queries about how this political moment will impact…

Securitize and Ethena Labs, two firms working closely with BlackRock’s money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi). Ethena, which offers a yield-bearing USDe token as well as a BUIDL-backed USDtb stablecoin, will migrate its $6 billion DeFi ecosystem to Converge, while Securitize, the transfer agent for BlackRock’s BUIDL token, will bring its suite of tokenized real world assets (RWAs), like the recently-issued Apollo credit fund token, to the new chain. From in the early days of DeFi there has been…

If you’re behind on your mortgage payments and believe you won’t be able to catch up, you may want to discuss a deed in lieu of foreclosure with your lender. A deed in lieu of foreclosure is an alternative to the traditional foreclosure process. Although it still negatively affects your credit score and overall finances, it can save you time and money compared to foreclosure. Learn more: House deed — Definition, types, and how to get one In this article: A deed in lieu of foreclosure (sometimes referred to simply as “deed in lieu”) is an arrangement in which homeowners…

Changpeng Zhao (CZ), the former CEO of Binance, has made a forecast for the crypto world, suggesting that just a tiny percentage will succeed in the long run. On March 17, CZ responded to an X post by EmperorBTC, a crypto influencer on X, who analyzed the psychology of actors in the crypto market and claimed that the overwhelming majority are not equipped to handle it. EmperorBTC said, “The bar to succeed in crypto is very low.” EmperorBTC explained that 80% of crypto investors are “tourists” who enter the market based on news dynamics and leave when sentiment changes. Over…

Harvard announced on Monday that undergraduate tuition will be free for students of families who make annual incomes of $200,000 or less in a move to make the prestigious institution “affordable to more students than ever.”The university will also make schooling completely free for students from families with annual incomes of $100,000 or less, covering tuition, food, housing, health insurance and travel costs. The new expansion of financial aid will begin in the 2025-26 academic year. “Putting Harvard within financial reach for more individuals widens the array of backgrounds, experiences, and perspectives that all of our students encounter, fostering their intellectual and personal growth,” Harvard…

(Bloomberg) — Volkswagen AG has been wanting to build more cars in North America. Most Read from Bloomberg Now, as Donald Trump embarks on a trade war that’s roiled the global auto industry, the German carmaker’s calculus has grown far more complicated. About this time last year, the company was considering expanding a plant in Tennessee, using a factory it’s planning in South Carolina or boosting operations in Mexico. Executives are now looking primarily at options in the US Southeast, according to people familiar with the matter. A final decision may be a ways away and depends on the outlook…