McDonald’s sales decline for first time in years as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. McDonald’s has struggled to attract cash-strapped customers amid rising menu prices, leading to its first sales decline in years. McDonald’s CEO Chris Kempczinski said the company’s system has “endured significant inflationary cost increases” over the […]
McDonald’s posts weak quarterly results as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]
Publisher printing more copies of JD Vance's 'Hillbilly Elegy' to meet demand
The publisher of Sen. J.D. Vance’s (R-Ohio) memoir, “Hillbilly Elegy,” is printing hundreds of thousands of additional copies of the book to meet soaring demand since former President Donald Trump picked Vance as his running mate. A HarperCollins spokesman told The Associated Press that more than 65,000 copies of the memoir have been sold in […]
Secret Service resignation increases demand for answers in Trump assassination attempt
The sudden resignation of Secret Service Director Kimberly Cheatle, the day after damning testimony before a U.S. House committee, has further fueled calls for a thorough investigation into the assassination attempt on former President Donald J. Trump. Rep. James Comer (R-Ky.), chairman of the House Oversight and Accountability Committee, predicted that “there will be further […]
UPS misses quarterly estimates on high labor costs, weak small-package demand
Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” United Parcel Service Inc. on Tuesday reported second-quarter profit that fell short of Wall Street expectations, due to weak demand for package deliveries and higher costs caused by the Teamsters labor […]
Republicans and Dems demand Secret Service director’s resignation after House hearing: ‘Basically unanimous’
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Coca-Cola raises annual sales, profit forecasts on steady demand
Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” Coca-Cola on Tuesday raised its full-year organic sales and profit outlook, signaling that consumers, mainly in international markets, are willing to spend more for the company’s higher-priced sodas, energy drinks and […]
Texas family sues Syria over 2017 death of US psychotherapist, demand country pay ‘for its crimes’
The family of Majid Kamalmaz, an American psychotherapist who was detained at a government checkpoint in Damascus, Syria in 2017, has filed a civil lawsuit against the Syrian government, alleging that he was kidnapped, tortured, and killed. The lawsuit, filed Monday in federal court in Washington, D.C., on behalf of Kamalmaz’s four children, widow and […]
GM, Ford may see profit hit amid cooling EV demand, US dealer software problems
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. General Motors Co and Ford Co could report lower profits in quarterly results this week as the industry’s big bet on electric vehicles fails to pay off and a cyberattack on a critical computer […]
Ethereum ETFs May See ‘Lower-Than-Anticipated Demand’: Report – Decrypt
We do the research and you get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more. Subscribe to Alpha Reports today and step up your game. To Alpha Report The cryptocurrency market is eagerly anticipating the launch of an Ethereum exchange-traded fund (ETF), but demand may not be as strong […]