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Business

Egg Prices Are Soaring. Don’t Expect That To Change Anytime Soon

OMAHA, Neb. (AP) — Bird flu is forcing farmers to slaughter millions of chickens a month, pushing U.S. egg prices to more than double their cost in the summer of 2023. And it appears there may be no relief in sight, given the surge in demand as Easter approaches. The average price per dozen ...

US Home Sales Hit Lowest level In Nearly 30 Years, Ownership More Out Of Reach

LOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years. Elevated mortgage rates, a yearslong shortage of homes ...

Healthy Sales

By Christopher Rugaber and Anne D’Innocenzio AP Business Writers American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants, according to the latest government snapshot. The figures, announced ...

What To Do With Your 401(k) When You Retire

For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over. The opportunity to hang on to assets after employees retire — and in turn keep costs down for the whole plan—isn’t lost on defined-contribution plan advisors. In a 2021 Pimco ...