McDonald’s has decided to extend its $5 value meal promotion beyond its initial four-week window in most of its U.S. markets. According to a memo obtained by CNBC, nearly every business unit, encompassing 93% of its restaurants, has voted to extend the offer past the original end date. The majority of locations plan to extend
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Ryanair, known as a budget airline, recently announced a 46% decrease in its quarterly profit after tax, causing shares to fall by 14.53%. This significant drop in profit came despite a 10% increase in passenger traffic to 55.5 million during the quarter. The profit after tax for the three months ending in June stood at
The financial markets are buzzing with anticipation as General Motors gears up to report its second-quarter results. Analysts on Wall Street have high hopes for GM, with expectations of a solid adjusted profit of $2.75 per share, marking a significant 44.2% increase from the previous year. The company is also forecasted to achieve $45.46 billion
The recent increase in membership fees announced by Costco Wholesale (COST) has caught the attention of Wall Street analysts. Despite a rough patch in the stock market due to various macro pressures, Costco’s decision to raise the annual fees for its “Gold Star” and “Executive Membership” plans has been seen as a favorable catalyst for
In a world where pop music reigns supreme, the lyrics and melodies often mirror the society we live in. Today, despite positive economic indicators such as expanding economy and low unemployment rates, recent pop hits tell a different story. Artists like Taylor Swift and Beyoncé have captured the essence of a collective malaise in their
With the long-awaited release of Electronic Arts’ college football game, fans are ecstatic to dive back into the world of virtual football. For many, the revamped game represents a significant departure from the previous versions, requiring them to relearn the mechanics and strategies. This shift is akin to going from a flip phone to an
With the looming possibility of Project 2025 coming into effect, there is a lot of speculation about how it will reshape the landscape of U.S. income tax policies and revamp the Internal Revenue Service (IRS). The initiative, spearheaded by conservative think tank The Heritage Foundation in collaboration with over 100 other right-leaning organizations, aims to
In the world of small caps, the recent influx of money may not be a simple rotation from successful growth trades. According to Dave Nadig, an ETF journalist and financial futurist, investors are actively engaging in buying various assets. Rather than simply chasing performance, he believes that it is more of a diversification trade. This
In 2023, the global population of individuals with a net worth of $30 million or more increased by 8%, reaching a total of 426,330 people. This group, known as ultra-high-net-worth (UHNW) individuals, saw their combined wealth grow by 7% to a staggering $49 trillion. The United States played a significant role in this growth, with
In a recent case out of California, Michelle Mack, the ringleader of a large-scale retail crime operation, has been sentenced to more than five years in state prison for her involvement in stealing millions of dollars in merchandise from major retailers such as Ulta Beauty and Sephora. Mack, along with her husband Kenneth, orchestrated a