It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. And even stalwart McDonald’s said it has adopted a “street-fighting mentality” to compete for value-minded diners. For months, economists have been predicting that…
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for…
Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at…
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe…
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed…
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average…
Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits…
Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is…
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company…