Profile picture of Insider (news website)
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
California restaurant will up wages to compete with $20 fast-food pay
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
  • A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.

  • Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.

  • The increased minimum wages worsen the existing challenges faced by independent restaurants in California.

  • Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
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California fast-food workers will get $20 minimum wage, starting Monday: Debate is hot about the impact of a higher minimum wage. Half a million Californians ...
npr.org/2024/03/30/1241451631/california-fast-food-20-minimum-wage
California fast-food workers will get $20 minimum wage, starting Monday
Profile picture of Orlando Sentinel
A million simulations, one verdict for US economy: Debt danger ahead: Britain’s experience in fall 2022 provides a glimpse into the abyss.
bostonherald.com/2024/04/02/a-million-simulations-one-verdict-for-us-economy-debt-danger-ahead/
A million simulations, one verdict for US economy: Debt danger ahead
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How this bull market could unravel and what to watch for, according to Larry McDonald
cnbc.com/2024/03/28/how-this-bull-market-could-unravel-and-what-to-watch-for-according-to-larry-mcdonald.html
How this bull market could unravel and what to watch for, according to ...
Profile picture of Fortune (magazine)
McDonald’s is promising ‘attention to affordability’ after the price of Big Mac meals hits $18
fortune.com/2024/02/06/mcdonalds-ceo-chris-kempczinski-focus-on-affordability-q4-sales/
McDonald’s is promising ‘attention to affordability’ after the price of ...
Profile picture of Insider (news website)
McDonald's, Taco Bell, Shake Shack say to expect smaller price increases in 2024: Fast-food and fast-casual chains say diners should expect smaller price ...
businessinsider.com/mcdonalds-taco-bell-shake-shack-smaller-price-increases-restaurant-2024-2024-2
McDonald's, Taco Bell, Shake Shack say to expect smaller price increases ...
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U.S. small business optimism hit its lowest level in 12 years: Small business owners are still navigating economic headwinds after the COVID-19 pandemic
qz.com/us-small-business-owners-inflation-sales-consumers-1851397059
U.S. small business optimism hit its lowest level in 12 years
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McDonald's wants to win back low-income consumers: US customers making less than $45,000 stayed away in 2023. That could continue this year, its CEO says
qz.com/mcdonalds-fast-food-earnings-inflation-was-israel-hamas-1851225661
McDonald's wants to win back low-income consumers
Profile picture of Inc.com
After Some Good Times, McDonald's Just Made a Painful Admission. Here's What's About to Change
inc.com/minda-zetlin/after-some-good-times-mcdonalds-just-made-a-painful-admission-heres-whats-about-to-change.html
After Some Good Times, McDonald's Just Made a Painful Admission ...
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Look no further than the fast-food drive-thru for evidence of inflation fatigue. Diners are getting fed up, eating less fast food and griping on social media ... Show more   nbcnews.app.link/WTxg9jSs0Gb
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‘Ridiculous’ image proves Macca’s has lost it: Fed-up McDonald’s customers have declared they’re breaking up with the fast-food chain, citing “ridiculous” prices ...
news.com.au/lifestyle/food/eat/fast-food-fans-break-up-with-mcdonalds-as-analysis-shows-menu-price-hikes-outpacing-inflation/news-story/6e0308072014376703c14515d2aeb226
‘Ridiculous’ image proves Macca’s has lost it
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Fast foodies are getting fed up with price hikes at the drive-thru: Look no further than the fast-food drive-thru for evidence of inflation fatigue.
nbcnews.com/business/consumer/mcdonalds-fast-food-rising-prices-backlash-rcna137709
Fast foodies are getting fed up with price hikes at the drive-thru
Profile picture of The Orange County Register
Chains respond as state law raises fast-food workers’ minimum wage to $20 hour: Some large companies were considering hiking prices on their menu to cover the ...
dailynews.com/2024/04/01/chains-respond-as-state-law-raises-fast-food-workers-minimum-wage-to-20-hour/
Chains respond as state law raises fast-food workers’ minimum wage to $20 ...
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McDonald's sales growth slows, blow from Middle East war - Companies - The Jakarta Post
thejakartapost.com/business/2024/02/06/mcdonalds-sales-growth-slows-blow-from-middle-east-war.html
McDonald's sales growth slows, blow from Middle East war - Companies ...
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Biden’s IRS funding: Treasury study shows new agents, audits get results: A fully funded IRS would bring in twice as much money as they previously thought ...
vox.com/politics/2024/2/7/24063380/irs-inflation-reduction-act-audit-returns
Biden’s IRS funding: Treasury study shows new agents, audits get results
Profile picture of Insider (news website)
McDonald's says cash-strapped diners are choosing to eat at home: It's "certainly likely" that fewer people will dine out at informal restaurants this year amid ...
businessinsider.com/mcdonalds-low-income-diners-eat-at-home-prices-soar-2024-3
McDonald's says cash-strapped diners are choosing to eat at home
Profile picture of Insider (news website)
Fast-food diners use loyalty apps to get deals on cheap, free food: Fast-food loyalty apps are key to getting deals on cheap or free food as inflation raises ...
businessinsider.com/fast-food-loyalty-app-deals-cheap-free-meals-prices-2024-3
Fast-food diners use loyalty apps to get deals on cheap, free food
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Debunking Biden’s deficit claims, one by one: American families are suffering from high inflation and lower real wages, direct consequences of irresponsible ...
thehill.com/opinion/4408989-debunking-bidens-deficit-claims-one-by-one/
Debunking Biden’s deficit claims, one by one
Profile picture of The Charlotte Observer
No, McDonald’s isn’t broadly raising U.S. menu prices: A number of media outlets have said the fast-food giant plans to raise prices.
charlotteobserver.com/news/business/article281427033.html
No, McDonald’s isn’t broadly raising U.S. menu prices
Profile picture of Insider (news website)
McDonald's $16 meal on TikTok is important to the 2024 presidential election: While inflation has come down, food prices are still soaring and souring Americans' ...
businessinsider.com/mcdonalds-tiktok-meal-food-prices-economy-inflation-presidential-election-bidenomics-2023-11
McDonald's $16 meal on TikTok is important to the 2024 presidential ...
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McDonald’s (MCD) Q3 Earnings: Sales, Profits Top Estimates With Pricier Burgers: McDonald’s Corp. sales and profits beat expectations in the third quarter thanks ...
bloomberg.com/news/articles/2023-10-30/mcdonald-s-sales-top-estimates-with-help-from-pricier-burgers
McDonald’s (MCD) Q3 Earnings: Sales, Profits Top Estimates With Pricier ...
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McDonald's CEO explains why the company benefits from a 'difficult' economy: When consumers struggle with affordability, the fast-food chain profits ...
thestreet.com/restaurants/mcdonalds-ceo-explains-why-the-company-benefits-from-a-difficult-economy
McDonald's CEO explains why the company benefits from a 'difficult' ...
Profile picture of Insider (news website)
Fast food isn't cheap anymore : Business Insider examines how inflationary pressures have forced fast-food prices to jump. Analysts say chains won't dial back ...
businessinsider.com/fast-food-isnt-cheap-anymore-2023-11
Fast food isn't cheap anymore
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U.S. economy will pull off soft landing in 2024, CBO projects: The nonpartisan agency doesn't see a recession ahead, but it expects growth will slow and jobless ...
axios.com/2023/12/15/us-economy-avoid-recession-inflation-cbo-projections
U.S. economy will pull off soft landing in 2024, CBO projects
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McDonald's revenue jumps 14% as Big Macs lure diners despite higher prices: McDonald's reported better-than-expected sales in the third quarter as popular ...
euronews.com/2023/10/30/mcdonalds-revenue-jumps-14-as-big-macs-lure-diners-despite-higher-prices
McDonald's revenue jumps 14% as Big Macs lure diners despite higher prices
Profile picture of Falter
Nehammer and children's birthdays at McDonald's
falter.at/maily/20230928/nehammer-und-kindergeburtstage-bei-mcdonalds
Nehammer and children's birthdays at McDonald's
Quick Glance: Poverty in Austria: Nehammer suggests McDonald's visit
  • High inflation is impacting many in Austria.

  • Nehammer's remarks on family poverty have caused outrage.

  • Nehammer's remarks were made in July but recently became public.

  • SPÖ leader Babler calls for a chancellor who respects people.
Profile picture of The Charlotte Observer
McDonald’s menu drops $1 drinks: Customers are not loving it as the chain keeps making changes that take away popular options.
charlotteobserver.com/news/business/article279439024.html
McDonald’s menu drops $1 drinks
Profile picture of BBC News
After McDonald's, Burger King India drops tomatoes from its menu: Prices of essentials like tomatoes have skyrocketed in India in recent months.
bbc.com/news/world-asia-india-66519700
After McDonald's, Burger King India drops tomatoes from its menu
Quick Glance: Burger King India follows McDonald's in removing tomatoes
  • The burger chain becomes the second in India to eliminate tomatoes from its menu, following in the footsteps of McDonald's.

  • Essential food prices in India have experienced a significant increase in recent months, with tomatoes peaking at 250 rupees per kilo in July.

  • Burger King has introduced a new section on its official website in India titled "Why are there no tomatoes in my burgers?"

  • Last month, McDonald's also refrained from including tomatoes in the majority of its outlets in northern and eastern India.
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McDonald’s app users claim fast food giant is ‘price gouging’: Disgruntled Macca's fans said the practice was 'grimey' and ...
nzherald.co.nz/business/mcdonalds-app-users-claim-fast-food-giant-is-price-gouging/6OQRI7U44FEYZDJUKTF2FPKSWA/
McDonald’s app users claim fast food giant is ‘price gouging’
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At McDonald's, prices are now falling: new branches planned: In view of the galloping inflation, McDonald's has also increased prices in the past ...
berliner-zeitung.de/news/mcdonalds-stellt-preissenkungen-in-aussicht-und-plant-weitere-lokale-li.373502
At McDonald's, prices are now falling: new branches planned
Profile picture of Insider (news website)
Huge government spending is fueling inflation, Larry McDonald warns: "Washington is stepping on the gas and the brakes at the same time," the Bear Traps Report ...
businessinsider.com/inflation-recession-bidenomics-government-spending-stock-market-outlook-larry-mcdonald-2023-9
Huge government spending is fueling inflation, Larry McDonald warns
Profile picture of Orlando Sentinel
Congressional Budget Office predicts slower economic growth and 4.7% unemployment into 2024
orlandosentinel.com/2023/07/26/congressional-budget-office-predicts-slower-economic-growth-and-4-7-unemployment-into-2024/
Congressional Budget Office predicts slower economic growth and 4 ...
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🍔 American inflation has left its mark across the country’s economy. But read why our Big Mac index indicates that compared against other currencies across the ... Show more   econ.st/44gAGtP
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After McDonald's, some Subway outlets drop tomatoes off menu citing quality: Two weeks ago McDonald's restaurants in India dropped tomatoes from their burgers ...
hindustantimes.com/business/tomato-price-rise-subway-drops-tomatoes-quality-issue-101690005990898.html
After McDonald's, some Subway outlets drop tomatoes off menu citing ...
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Top 20 advertising spenders in June: How Telekom, Vodafone and McDonald's are boosting the advertising market
horizont.net/marketing/nachrichten/top-20-werbespender-im-juni-so-hieven-telekom-vodafone-und-mcdonalds-den-werbemarkt-ins-plus-213371
Top 20 advertising spenders in June: How Telekom, Vodafone and McDonald's ...
Profile picture of Insider (news website)
Boomers may tank stocks, Fed can't escape recession forever: McDonald: Index funds may take a hit from the elderly yanking their cash, and the US economy is ...
markets.businessinsider.com/news/stocks/stock-market-outlook-boomers-passive-investing-fed-recession-economy-mcdonald-2023-7
Boomers may tank stocks, Fed can't escape recession forever: McDonald
Profile picture of Financialexpress
McDonald’s India franchisee Westlife misses profit view as inflation bites: The company said its consolidated profit after tax for the March quarter rose 31% to ...
financialexpress.com/industry/mcdonalds-india-franchisee-westlife-misses-profit-view-as-inflation-bites/3080659/
McDonald’s India franchisee Westlife misses profit view as inflation bites
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5 things to know for May 4: Atlanta shooting, Inflation, Ukraine, EVs, McDonald’s
cnn.com/2023/05/04/us/five-things-may-4-trnd/
5 things to know for May 4: Atlanta shooting, Inflation, Ukraine, EVs ...
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McDonald’s customers are starting to balk at higher Big Mac prices: McDonald's could have had a fatter quarter, but inflation is causing a problem for the fast ...
finance.yahoo.com/news/mcdonalds-customers-are-starting-to-balk-at-higher-big-mac-prices-134418597.html
McDonald’s customers are starting to balk at higher Big Mac prices
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NEW: McDonald’s first-quarter sales and profit outpace estimates, a renewed sign that it's picking up customers amid stubborn inflation.
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McDonald's earnings: Sales growth tops estimates as prices, traffic boost results
finance.yahoo.com/news/mcdonalds-earnings-first-quarter-results-april-25-2023-165526776.html
McDonald's earnings: Sales growth tops estimates as prices ...
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McDonald’s fans ‘mortified’ after price of popular item shoots up by 112% - ‘Still ordered it, though’
portsmouth.co.uk/read-this/mcdonalds-fans-mortified-after-price-of-popular-item-doubles-in-price-4157207
McDonald’s fans ‘mortified’ after price of popular item shoots up by 112% ...
Profile picture of Yahoo Finance
Restaurants: Americans went out to eat less in March, but still spent more. Why?: Consumers spent more than $96.5 billion at restaurants last month ...
finance.yahoo.com/news/restaurants-americans-went-out-to-eat-less-in-march-but-still-spent-more-why-145044442.html
Restaurants: Americans went out to eat less in March, but still spent more ...
Profile picture of The New York Times
Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist: Some of the biggest packaged food companies raised their prices last quarter and their ...
nytimes.com/2023/04/28/business/food-inflation-prices.html
Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist
Profile picture of Fortune (magazine)
McDonald’s new Cardi B & Offset meal provokes backlash from some franchisees who claim it breaks the ‘Golden Arches Code’
fortune.com/2023/02/28/mcdonalds-cardi-b-offset-meal-franchisee-backlash-golden-arches-code-hip-hop-sexual-content/
McDonald’s new Cardi B & Offset meal provokes backlash from some ...
Profile picture of Insider (news website)
McDonald' says fewer people are ordering fries with their burgers: McDonald's is ultimately still a "beneficiary" of the economic climate as people switch to the ...
businessinsider.com/mcdonalds-inflation-fewer-people-ordering-fries-with-burgers-economy-restaurant-2023-4
McDonald' says fewer people are ordering fries with their burgers
Profile picture of Fox Business
McDonald’s customers still ‘lovin it’ despite price hikes: McDonald's customers kept at it last quarter despite inflation and higher prices at the fast food ...
foxbusiness.com/markets/mcdonalds-customers-lovin-it-price-hikes
McDonald’s customers still ‘lovin it’ despite price hikes
Profile picture of The Hill (newspaper)
Social Security set to run short of funds one year earlier than expected: Social Security funds are set to start running a shortfall in 2032, one year earlier ...
thehill.com/finance/3860243-social-security-set-to-run-short-of-funds-one-year-earlier-than-expected/
Social Security set to run short of funds one year earlier than expected
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Wall Street climbs to add more to its strong January: Markets got a boost after a report showed that growth for workers’ pay and benefits slowed during the end ...
bostonglobe.com/2023/01/31/business/wall-street-climbs-add-more-its-strong-january/
Wall Street climbs to add more to its strong January
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'Exorbitant': Man calls out McDonald's for raising the price of Filet-O-Fish by over 20% - even higher than inflation rate
asiaone.com/singapore/exorbitant-man-calls-out-mcdonalds-raising-price-fillet-o-fish-over-20-even-higher
'Exorbitant': Man calls out McDonald's for raising the ...
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'It shouldn't be a luxury' - Soaring ticket prices leave gig goers cold: Inflation is everywhere these days, and the concert industry is no exception ...
rnz.co.nz/news/business/487137/it-shouldn-t-be-a-luxury-soaring-ticket-prices-leave-gig-goers-cold
'It shouldn't be a luxury' - Soaring ticket prices leave gig goers cold
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McDonald's Earnings Rise As Price Hikes Outflank Industry Trend: McDonald's stock slipped premarket Tuesday. The Dow Jones fast food giant beat ...
investors.com/news/mcdonalds-stock-ahead-of-earnings-as-sales-expected-to-fall/
McDonald's Earnings Rise As Price Hikes Outflank Industry Trend
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CBO projects higher unemployment, slow exit from inflation: The updated 10-year Budget and Economic Outlook outlined stark expectations for the coming year as ...
latimes.com/politics/story/2023-02-15/cbo-projects-higher-unemployment-slow-exit-from-inflation
CBO projects higher unemployment, slow exit from inflation
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Rising inflation rate: what are the causes?: With an inflation rate of 7.5 percent, wages and pensions are losing purchasing power every day ...
guter-rat.de/magazin/finanzen-versicherungen/boerse/boersen-ratgeber/steigende-inflationsrate-861
Rising inflation rate: what are the causes?
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Inflation has impacted every industry, and fast food is no exception. Yahoo Finance Anchor Seana Smith goes over just how much the price of some popular ... Show more   https://yhoo.it/3wO75JU

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McDonald's has announced it is increasing the prices of a number of menu items, a year after prices were hiked for the first time in more than a decade ... Show more

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McDonald's is raising the price of these menu items: Some of our fast food favourites like the McDonald's Mayo Chicken and Bacon Mayo Chicken just got more ...
metro.co.uk/2023/02/15/mcdonalds-is-raising-the-price-of-these-menu-items-18289495/
McDonald's is raising the price of these menu items
Profile picture of Insider (news website)
McDonald's sales soaring after price hikes, adult Happy Meals: The fast-food giant says more customers are coming to its restaurants, and they're spending more ...
businessinsider.com/mcdonalds-sales-soaring-after-price-hikes-adult-happy-meals-2023-1
McDonald's sales soaring after price hikes, adult Happy Meals
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Since a Big Mac is basically the same wherever you are in the world, its price can reveal how inflation has changed the relative costliness of different ... Show more   econ.st/3HzwJs8
Quick Glance: Stocks and the dollar rise on anticipation of a soft landing
  • On Thursday, January 26th, MSCI's all-country global index, a barometer of stocks in 47 nations, jumps 0.90% to a new five-month high.

  • Inflation figures improved as well, with personal consumption expenditures falling to 2.1% year on year from 2.3% in the previous quarter, while the GDP price index fell to 3.5%.

  • "The market is pricing in a Fed pivot where they actually cut rates by the end of the year," said James Ragan, director of wealth management research at DA Davidson in Seattle, adding that Fed Chair Jerome Powell is unlikely to make any announcements next week.

  • Gold fell after the solid US data.
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With inflation, can you really make a cheaper cheeseburger at home?: The value of eating out in Tampa Bay versus the value of cooking it yourself ...
tampabay.com/news/business/2022/12/20/with-inflation-can-you-really-make-cheaper-cheeseburger-home/
With inflation, can you really make a cheaper cheeseburger at home?
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McDonald's Japan to raise prices on 80% of its items: TOKYO -- McDonald's Japan said Friday that it will raise prices on some 80% of its menu ...
asia.nikkei.com/Economy/Inflation/McDonald-s-Japan-to-raise-prices-on-80-of-its-items
McDonald's Japan to raise prices on 80% of its items
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McDonald’s Menu ‘McHack’ Shows a Way to Get a Cheap McMeal: According to this TikTok user, the hack will get you a full meal for less than $2.
sacbee.com/news/business/article268641157.html
McDonald’s Menu ‘McHack’ Shows a Way to Get a Cheap McMeal
Profile picture of CNN.com
Restaurant sales are going up. But dining out is on the decline: Chain restaurants have been reporting growing sales in the third quarter. But more sales don't ...
cnn.com/2022/11/15/business/restaurant-sales-traffic/
Restaurant sales are going up. But dining out is on the decline