McDonald’s exec says average menu item costs 40% more than in 2019
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an
Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks
Weekly mortgage demand drops to three-month low as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what
T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of
American Eagle profit soars, but sales grow slower than expected
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still,
Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half