Industries

Consumer

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

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

2 min read

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Media & Entertainment

Legendary Short Seller Sees DraftKings as a Betting Favorite

Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.

1 min read
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Finance

Consumers Turn to Buy Now, Pay Later to Avoid Further Credit Damage

Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.

2 min read
Photo by Paolo V via CC BY 2.0

Economics

The Experience Economy is Thriving in the Post-Covid World

During the pandemic, consumers splurged on new cars, computers, and furniture, but the post-covid economy has seen a rise in spending on experiences,…

5 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

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

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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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