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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 […]

Sexist posts from Kamala Harris’ new senior campaign adviser Kamau Marshall resurface

Vice President Kamala Harris’ newly hired senior campaign adviser has a long history of online posts mocking women and gay people. Kamau Marshall is He was hired by the Harris campaign earlier this week.apologized for his offensive posts in 2020 and reportedly recently underwent a digital purge. “I like powerful women, but I want them […]

Trump posts letter from Abbas ahead of Netanyahu meeting

On Tuesday, former President Trump posted a letter from Palestinian Authority President Mahmoud Abbas on Truth Social ahead of his planned meeting with Israeli Prime Minister Benjamin Netanyahu later this week. “I received the news of the assassination attempt on you and have since seen the footage and am deeply concerned.” Letter from President Abbas’ […]

Google parent Alphabet posts 29% jump in profit on digital ad growth, AI offerings

Alphabet Inc. on Tuesday reported better-than-expected second-quarter revenue and profit, helped by rising digital advertising sales and solid demand for its cloud-computing services, but warned that capital spending will remain high for the year. Alphabet’s results highlighted strong demand for digital advertising, driven by events such as the Paris Olympics and elections in several countries, […]