Economy

A McDonald’s restaurant is viewed on July 22, 2024 in Burbank, California. Mario Tama | Getty Images McDonald’s on Monday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales declined across every division. “Industry traffic has declined in major markets like the U.S., Australia, Canada, and Germany. In several markets, we also continue […]

In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Heineken shares declined throughout the day on Monday after the brewing giant’s first-half profit growth came in weaker than analysts had expected. The company’s stock provisionally ended down 10.14% when markets closed […]

Was it the Parisians who bluntly told travelers “do not come” to the Summer Games? Or did sky-high prices for hotel rooms, house rentals and event tickets turn travelers away? For a multitude of reasons, many people — including residents — are avoiding Paris this summer, despite prognostications that a travel boom was all but […]

DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.Under the deal, GM vehicles will be able to access 12,000 of Tesla’s fast chargers using an adapter and the Detroit automaker’s EV charging app, starting next year.GM, like Ford,… […]

Employment sign and sale sign are displayed at a retail store in Carlsbad, California, May 25, 2023.Mike Blake | ReutersThe widely predicted U.S. recession remains out of sight as the first half of 2023 winds down, but the consumer sector that has fueled a remarkable recovery from the pandemic shutdowns may finally be showing signs… […]

A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Food from the restaurant of your choosing, delivered right to your door — at what cost? Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash […]

Republican presidential nominee and former U.S. President Donald Trump walks off stage after speaking at a campaign rally at the Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024. Anna Moneymaker | Getty Images NASHVILLE — Former President Donald Trump said that if he were returned to the White House, he would ensure […]

A development towers over the Lyric Theater in Miami’s Overtown neighborhood. Greg Iacurci MIAMI — Nicole Crooks stood in the plaza of the historic Lyric Theater, a royal blue hat shielding her from the midday sun that baked Miami. In its heyday, the theater, in the city’s Overtown neighborhood, was an important cultural hub for […]

This month, ApartmentAdvisor released its annual report on the best cities for renters in the United States. The report analyzed 98 major cities across the country based on: Renter friendliness score Renting quality score Economic score Desirability score Renter friendliness and renting quality scores were determined by demand, vacant rates, tenant protection laws and new […]

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 26, 2024 in New York City. Michael M. Santiago | Getty Images It was another tough week for the S&P 500 and Nasdaq despite Friday’s rally, which helped blunt some of the pain. […]