inflation

Consumer

McDonald’s Made It Official: Consumers Have Reached Their Limit

Photo by Erik Mclean via Unsplash

McDonald’s warned that customers might be getting sick of price hikes. It was right. Sales fell year-over-year for the first time since 2020.

1 min read

Photo by Ja San Miguel via Unsplash

Economics

Hope for Rate Cuts Gets a Big Boost from Slowing Inflation

The Labor Department reported monthly inflation fell in June, strengthening the case for the Federal Reserve to cut interest rates.

1 min read
Photo by Haley Lawrence via Unsplash

Healthcare

Medicare to Cut Costs on 64 Drugs, May Influence Private Insurance Prices

The Department of Health announced this week that Medicare is cutting prices for dozens of prescription drugs that have outpaced inflation.

2 min read
Photo by Raysonho via CC0 1.0

Consumer

Forget Burgers, Chicken, and Coffee. Chipotle is in a League of Its Own.

Chipotle is the only food chain among the top 20 best-performing stocks on the S&P 500 this year. So what’s the secret to its success?

2 min read

Real Estate

The UK Rental Market is Americanizing

Photo by Huy Phan via Pexels

Institutional investors, including so-called US mega landlords, have increasingly been gaining dominance in the UK’s rental market.

1 min read

International Economics

Canada Slashes Interest Rates, Europe Likely to Follow Suit

Image Credit: iStock Images, Gabriel Shakour

Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.

2 min read

(Photo by Federal Reserve Board of Governors via Flickr)

Inflation & Prices

Hooray? The US Economy May Finally Be Slowing

It has taken a while, but recent data suggests that the Federal Reserve’s rate hikes may finally be taming inflation.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Markets

Midday Market Brief: Tech Tanks

Some glum news from both the PC and semiconductor sector has tech investors feeling a little more cautious.

1 min read
Photo illustration by Connor Lin / The Daily Upside

Markets

Midday Market Brief: Slugged by Salesforce

The Dow is lower because of a rough outlook from the business-software giant, but the broader market is hanging tough.

1 min read

Consumer

Walgreens Price Cuts Confirm More Consumers Are Getting Picky

Photo by Paul Sableman via CC BY 2.0

The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.

2 min read

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