Visa Mastercard settle suit over merchant swipe fees
Visa and Mastercard announced a settlement ending nearly two decades of litigation over swipe fees. The deal caps and lowers interchange charges until 2030 and requires negotiation with merchant groups, with about 30 billion in savings projected but critics say it only offers short term relief and does not fix underlying anti-competitive pricing.
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National Federation of Independent Business
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Global egg prices stay high amid disease and demand
Eggs remain costly worldwide as avian flu, higher feed costs, and rising farming expenses squeeze supplies ahead of Easter and Passover. In the United States the February average hit $2.99 per dozen, below last year but far above 2021, while Europe stays near double 2021 levels. Nigeria shows steeper price jumps due to currency weakness and subsidies removal.
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American Egg Board
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Ibadan
Trump Media stock jumps on Nasdaq debut as Trump fans buy in
Trump Media & Technology Group rose about 16 percent on its Nasdaq listing after merging with Digital World Acquisition. Shares closed at 57.99 dollars, valuing the firm at 7.85 billion. Trump holds about 60 percent of the company. Investors worry about profitability as the firm posted nine month losses before revenue. Separately, Wall Street wavered as major indexes slipped with Nvidia down late. Krispy Kreme jumped on a McDonalds deal. Kennedy Jr named Nicole Shanahan as running mate for a possible independent White House bid in Oakland.
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