Personal Finance
Half empty carton of eggs
(Getty Images)
CRACKING DOWN

Seizures of eggs are rising at America’s borders

Thousands of Americans have (mostly unknowingly) gotten into trouble for trying to smuggle eggs into the country.

Claire Yubin Oh
3/26/25 5:50AM

Tired of shelling out as much as $10 or more for a carton of eggs, some inflation-squeezed consumers are getting creative to find new places to source their breakfast staple: outside the US. For the first two months of 2025, US Customs and Border Protection forces have intercepted a whopping 3,254 egg products, up 116% from this time last year.

Egg seizures chart
Sherwood News

The office in San Diego, where many US-Mexico food interceptions are made, saw a 158% increase in egg seizures since the end of the last fiscal year, as egg prices just across the border dropped under $2 a dozen compared to ~$9 in California. Most people transport eggs without knowing that unofficial egg imports are prohibited, though, according to the CBP.

Eggsceptional

The uptick comes after US egg prices soared, with the bird flu outbreak affecting America’s laying hens into 2025. The cost of a dozen grade-A eggs has nearly doubled in the past year, reaching an average of $5.89 in February, compared with just shy of $3 one year earlier, according to data from the Labor Department, though prices have since dropped in the last two weeks.

More Personal Finance

See all Personal Finance
Residential homes in suburban sprawl development in North Port, Florida. Low-density private houses in rural suburbs. Housing market in the USA

Baby boomers bought more homes than millennials did last year

As multigenerational home purchases rise, wealthy baby boomers are now buying homes more than younger generations — often with cash.

personal-finance
Tom Jones
4/2/25

There is a record number of billionaires in the world, and they’re richer than ever

Forbes’ 39th annual billionaires list, published yesterday, revealed that there are now 3,028 billionaires around the world, with a staggering estimated collective wealth of $16.1 trillion. In the US alone, where even the head of state sits at 700th place in the global rankings, there are a record 902 billionaires. China had 516 on Forbes’ list.

Even with Tesla shares tanking this year, CEO Elon Musk tops the overall list with an estimated net worth of $342 billion, while Mark Zuckerberg and Jeff Bezos round out the top three with $216 billion and $215 billion, respectively. That’s the first time since Forbes started tracking the figures in 1987 that three people have been worth more than $200 billion, with a further 12 billionaires also in the dozen-digit club ($100 billion). To put that into perspective, there wasn’t a single member in 2017.

Going further back, the points of comparison become even more stark.

Even with Tesla shares tanking this year, CEO Elon Musk tops the overall list with an estimated net worth of $342 billion, while Mark Zuckerberg and Jeff Bezos round out the top three with $216 billion and $215 billion, respectively. That’s the first time since Forbes started tracking the figures in 1987 that three people have been worth more than $200 billion, with a further 12 billionaires also in the dozen-digit club ($100 billion). To put that into perspective, there wasn’t a single member in 2017.

Going further back, the points of comparison become even more stark.

Confidence Crisis

Consumer confidence falls sharply

With prices still high, tariffs looming, and stocks taking a hit, sentiment has slid to its lowest since 2021.

Gen Z Homebuyers

Gen Z is jumping into the housing market wherever they can afford it

There’s a pretty strong correlation between lower house prices and higher Gen Z ownership... but even the competition for affordable housing is pushing prices up.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.