California’s $20 minimum wage for fast-food workers goes into effect
16 Handles CEO Neil Hirschman discusses the impact of Governor Gavin Newson’s new minimum wage law on Barney & Company. A new California law raising the minimum wage for fast-food workers in the state to $20 an hour goes into effect Monday, affecting restaurants with at least 60 locations nationwide, excluding those that make and […]
Fast-food companies seeing low-income diners pare orders
Skyrocketing prices at fast-food joints and restaurants in the United States are causing people to fall down the income ladder, with executives at chains like McDonald’s and Wendy’s recently raising concerns about losing business from customers with the tightest budgets. He said there was. Polls show that about a quarter of low-income consumers (defined as […]
Fast-food price hikes coming as California minimum wage hike looms
OLeary Ventures Chairman Kevin OLeary joins “The Big Money Show” to discuss the ongoing push for electric vehicles and California’s decision to increase the minimum wage. fast food prices California wages are expected to rise this spring as companies respond to the state’s $20-an-hour minimum wage law for fast-food workers, which goes into effect on […]
Viral 2012 Taco Bell Receipt Sparks Fast-Food Inflation Conversation
A 2012 receipt from Taco Bell went viral and sparked a national debate about fast food inflation among customers and employees. A TikTok user named “LovelyOcean” shared the find on Tuesday, showing a faded receipt listing two “Beef 5-Layer Burritos” for just $2.59. Now, just one of our popular burritos costs $3.59. “Can you buy […]