Fast Food Costs Soar — McChicken up 199%, Frosty up 111%, Taco Bell Burrito up 132%
Fast food is no longer wallet-friendly. Under President Joe Biden’s so-called Bidennomics, the price of common fast food has increased. Fast food inflation has different effects across racial and ethnic groups because of different levels of fast food consumption. According to the Centers for Disease Control and Prevention (CDC), 42.4 percent of non-Hispanic black adults […]
Burrito, Big Mac prices in California to go up as pay rises: ‘Someone has to pay,’ FAT Brands founder says
Fat Brand Chairman and Founder Andy Wiederhorn details the economic impact of raising California’s minimum wage to $20 an hour. California consumers will be paying more for a Big Mac when the state’s minimum wage hike goes into effect this spring. As companies consider passing costs on to consumers, Andy Wiederhorn, chairman of Phat Brands, […]
Chipotle bringing on board 19K workers as it gears up for ‘burrito season’
Chipotle's “cobots” are designed to work alongside human employees, increasing their efficiency and ability to fulfill digital orders. Chipotle plans to hire more employees for the impending “burrito season.” The Mexican fast-food chain said Wednesday it aims to hire a total of 19,000 new staff ahead of its restaurants' usual busy season of March to […]