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The Troubling Future for Fast Food Franchisees

Fast food is an American innovation that has been around for over 80 years. Despite its enduring durability, the unit economics of fast food brands and franchises are reaching their limits. As my team and I grew Papa John’s to more than 5,000 locations around the world, I didn’t see Papa John’s as one large […]

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 […]

10 Fast Facts About Vice Presidential Candidate J.D. Vance

Estimated Reading Time: 2 minutes Senator J.D. Vance from Ohio has been tapped to be former President Donald Trump’s running mate in the 2024 presidential run. J.C. Vance has represented Ohio in the U.S. Senate since 2023 and has served on the Banking, Housing, and Urban Affairs Committee, the Commerce, Science, and Transportation Committee, the […]

California’s $20 fast food minimum wage could be hiked again

California officials plan to seek a further increase to the state’s controversial $20 minimum wage for fast-food workers, even as they blame a new law that has led to higher menu prices and restaurant closures since it went into effect in April. Members of the California Food Council, who successfully lobbied for the pay increase, […]