Eggs are displayed for sale in a Manhattan grocery store in New York City on Feb. 25, 2025.Spencer Platt | Getty ImagesThe U.S. Justice Department has opened an investigation into potential antitrust issues related to the surging price of eggs, The Wall Street Journal reported Friday, citing people familiar with the matter.The investigation, which is in its early stages, includes a look at whether large egg producers have worked together to raise prices or reduce supply, the report said.The news comes as the price of eggs has soared, leading some restaurants to announce menu changes and reports of grocery stores…
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Each Friday, a selection of reporters and editors from The Athletic will offer recommendations of games, events and shows to watch over the weekend.Saturday🏀 Men’s College BasketballDuke at UNC6:30 p.m. ET on ESPNThe final weekend of the regular season for high-major men’s basketball conferences is loaded with marquee matchups, but you don’t have to overthink this. This will be Cooper Flagg’s last game in a truly hostile environment until he hits the NBA, and it’s the Tar Heels’ last chance to solidify their spot in the NCAA Tournament before things get desperate in the ACC tourney. — Eric Single, senior…
The short-seller assault on AppLovin is getting ratcheted up a notch.A week after Fuzzy Panda Research put out a report alleging that AppLovin’s ad-tech software is the “nexus of a house of cards,” and accusing the company of violating Google and Apple’s app store policies, the short-seller firm is urging the S&P Index Committee to keep AppLovin’s stock out of the benchmark index.”We are writing to the committee regarding very serious allegations that have been raised against a company that will potentially be added to the S&P 500, AppLovin (APP),” Fuzzy Panda wrote in a March 4 letter to the…
Americans are flocking to cash amid the market turmoil, with money market fund assets hitting a record $7.03 trillion as of the week ended Wednesday, according to the Investment Company Institute . Markets have been rocky of late as investors grapple with uncertainty around President Donald Trump’s tariffs and their impact on the economy. “Recent strong inflows may be a response to the spike in volatility in the financial markets we’ve seen lately,” said Shelly Antoniewicz, ICI chief economist. “With short-term interest rates still at elevated levels historically, money market funds — which pass earned interest on to their shareholders…
Investors could use some good news after this week’s selloff. Whether they get any in the week ahead remains to be seen. The past week’s slump was ugly. President Donald Trump’s tariffs on Canada, Mexico and China and rumblings of economic weakness alarmed investors who fear the market outlook has taken a turn for the worse. By Thursday’s close, the major averages were on track for the worst week of the year . At one point on Friday, the S & P 500 was seeing its largest weekly decline since June 2022 and the Dow Jones Industrial Average the biggest…
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty ImagesWhen unveiling Apple Intelligence last summer, one of Apple’s flashiest demos showed the Siri voice assistant juggling several apps to help a user plan a lunch after landing from a flight. Those capabilities won’t be coming anytime soon. Apple on Friday announced that it is delaying the features that would supercharge Siri with the ability to take action inside other apps until next year. That feature was expected to be released this spring.Another Siri improvement…
For the last four years, The Athletic has polled some of the top soccer executives around the league for their thoughts and predictions ahead of a season. The answers have proved it’s no easy task to foresee what’s going to happen next in MLS.Last year, exactly zero of the 30 executives polled tipped the LA Galaxy to win MLS Cup. Only three backed Inter Miami to take the Supporters’ Shield.On the flip side of things, those same executives correctly picked that Thiago Almada and Caleb Wiley would be the next two MLS players to make big moves abroad. And nine…
Panama will release 112 migrants who had been deported from the United States last month and were being held in a remote jungle camp under conditions that lawyers and advocates said violated Panamanian and international laws.They come from countries that the United States cannot easily return deportees to, often because those nations will not receive them.Panama was issuing 30-day temporary humanitarian passes to the migrants, with a possible extension of up to 90 days, to give them time to arrange their return to their homelands or to other countries willing to take them, Panama’s Security Minister Frank Ábrego told reporters…
President Donald Trump on Thursday night officially established the widely anticipated U.S. strategic bitcoin reserve , fulfilling a major re-election campaign promise to the crypto industry. The market didn’t seem to care much, however. Cryptocurrencies have recovered most of their initial losses after a quick drop following the news. Bitcoin was hovering at $88,000, the same level at traded at before Trump signed the executive order. Ether and the Solana token inched slightly higher, while XRP and the coin tied to Cardano were lower. While many praised the executive order as being a good and reasonable approach, especially given how…
U.S. President Donald Trump delivers remarks in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | ReutersPresident Donald Trump is expected to sign an executive order later on Friday excluding certain student loan borrowers from the popular Public Service Loan Forgiveness program.Speaking from the Oval Office, Trump accused the PSLF program of including organizations that “engage in illegal, or what we would consider to be improper, activities.”PSLF, which President George W. Bush signed into law in 2007, allows many not-for-profit and government employees to have their federal student loans canceled after 10 years…
