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McDonald’s U.S. ‘Same-Store’ Sales Plunge To Lowest Levels Since COVID-19 Era

There is a sign outside of a McDonald's restaurant in San Francisco, California on February 9th, 2009. (Photo: Justin Sullivan/Getty Images) OAN Staff James Meyers10:35am – Thursday, May 1st, 2025 Fast food chain McDonald's reported the worst quarterly sales in the United States since 2020. advertisement The fast food chain reported a 3.6% decline in […]

Musk says time spent on DOGE will drop next month as Tesla sales plunge

Tesla CEO Elon Musk said Tuesday that he plans to reduce the hours of working at the White House Department of Government Efficiency (DOGE) initiative to focus more on electric car manufacturers whose sales plummeted in the first quarter. “I’ll probably start [the] Musk said on a Tesla revenue call on Tuesday evening. “I think […]

Tesla earnings plunge 71 percent in first quarter

Tesla’s quarterly profit fell 71%, the company announced Monday, marking the latest indication of bad news for Elon Musk electric car makers as scrutiny continues with tech billionaires. The electric vehicle company reported a 9% decline in revenue for the first three months of the year. The company said its profits fell by $409 million […]

US stocks plunge after Trump calls Fed’s Powell ‘a major loser’

The Dow plunged more than 950 points on Monday as President Trump stepped up his attack on the independence of the Federal Reserve. Dow Jones Industrial Average slid 971.82 points (2.5%) to 38,170.41 after losing 1,406 points in the short week of the previous holiday. The US market closed on Friday. I also skated over […]

CEO reacts to stock plunge during earnings call amid tariff announcement

RH CEO Gary Friedman responded to the company's inventory after the president announced tariffs and quarterly revenues fell. (Credit: Repair Hardware) The CEO of the furniture company was in the middle of his company's quarterly revenue call on President's Wednesday Donald Trump's The tariff plans were revealed and the executives were caught off guard as […]

Nike shares plunge after sneaker giant warns sales could fall by double digits

Nike's shares plummeted on Friday. Investors were wary of new CEO Elliott Hill's turnaround plan after the struggling sneaker giant warned that sales could plummet in double digits. On Thursday, the company reported a 9% decline in sales during all Crusia holiday quarters, including a 17% slump in quarterly sales in China, predicting a sharper […]

S&P 500 Stages Rebound After $5 Trillion Plunge: Markets Wrap – Yahoo Finance

(Bloomberg) – Stock bounce calmed nerves among stock investors, but the fallout from Donald Trump's political manipulation has shook global markets and continues to hit US consumers. German bond yields skyrocketed as government leaders agreed to a massive defence spending package, but Gold, the ultimate haven asset, surpassed $3,000 for the first time. Most of […]