Afternoon Coffee: Optimism Increases for Small Business Owners, US Egg Prices Rise Due to Spread of Bird Flu


Small business optimism rose in May. The National Federation of Independent Business said its index reached 98.3 last month, which was the highest reading since December.

The US egg supply chain continues to be threatened by the spread of the bird flu, which has caused egg prices to increase by 3 times their normal rate.

Chrysler Automobiles may reportedly be interested in discussing a merger with General Motors, but GM CEO Mary Barra says the automaker is not interested in exploring consolidation deals with competitors.

GM could, however, face criminal wire fraud charges as the US Justice Department determines if the automaker made errors in recalling millions of cars with defective ignition switches.

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