Industries

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Photo by EEYAUT Waihung via CC BY-SA 4.0

Autos

China EVs Stay Strong Despite Domestic, International Headwinds

A couple of China-based EV giants had good news to share in spite of a weakened consumer at home and fresh tariffs from the EU and Canada.

2 min read
Photo by Ashlyn Ciara via Unsplash

Consumer

Economic Strains Starting to Hit Wealthier Americans, Survey Finds

Mizuho found that both low- and high-income Americans alike are trying to get as thrifty as possible, reducing spend.

1 min read
Photo by Harrison Keely via CC BY 4.0

Energy

Exxon Sees Oil Demand in 2050 Unchanged, Testing Net Zero Goals

ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.

2 min read

Healthcare

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

Photo by Chemist4U via CC BY-SA 2.0

Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

Autos

RV Having Fun Yet? The Ups and Downs of Camper Economics

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

5 min read
Photo by Phillip Pessar via CC BY 2.0

Consumer

Is Peloton’s Turnaround Plan Finally Working?

Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Electronic Arts’ Patent Highlights Risks and Rewards of AI in Game Development

Though generative AI could make game development faster and easier, the industry is divided on where AI fits into the picture.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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