JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington,...
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington,...
An employee hands an order to a customer through a drive-thru window at a McDonald’s restaurant in Oakland, California, April 9, 2020. David Paul Morris |...
The letter calls the McDonald’s business model a “penny profit business, with 10-15% margins,” and says “There simply is not enough profit to discount 30% for...
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images The takeaway? Consumers have become...
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | Reuters Concern over such eye-popping numbers had been largely confined...
All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is...
“The Walmart experience is better than it used to be, but it’s still not a premium experience. Walmart is built on convenience, cost and assortment. Not...
“It will take some time for the benefit of the price change to expand our store level margins as the price increase will only be on...