McDonald’s CEO has argued that it’s cheaper to eat at home, resulting in the restaurant’s lack of sales, but research suggests an increase in groceries by 1.3%. Farewell to the Dollar Cheeseburger Era After a series of menu items increased in price, the days of the dollar cheeseburger are now a distant memory for most […]
Author: Oscar Davies
U.S. and China Economies Both ‘On Steroids’ but for Very Different Reasons
Experts on finance and the economy have recently described China’s and the U.S.’s economies as “on steroids,” but for two very different reasons. Here’s the full story. Chinese Real Estate Woes Renowned investor Kyle Bass belittled China’s economy due to its alleged overreliance on real estate to the U.S. financial crisis. China’s Perceived “Broken” Structure […]
Wendy’s to Reintroduce Beloved McDonald’s Treat in Bid to Boost Sales
Wendy’s is set to reintroduce a much-missed McDonald’s favorite that was dropped from the menu in 2020, looking to reap the sale benefits from McDonald’s reduced menu. Wendy’s Takes McDonald’s Reject Fast-food chain Wendy’s has taken a previous McDonald’s favourite in a bid to skyrocket sales for 2024. Borrowing a Familiar Morning Favorite Responding to […]
U.S. Busts Iranian Oil Smuggling Network, Seizes $108M Cash and $25M Oil
U.S. courts have announced that $108 million in cash and $25 million worth of oil has been seized from a global network of Iranian oil smugglers. U.S. Justice Department Launches Legal Cases The U.S. Justice Department initiated a potential indictment on three separate counts targeting Iran’s oil trade, revealing a network established by Iran in […]
Solving the Wealth Gap Isn’t Just About Money – It Could Literally Add Years to American Lives
Recent studies have been focusing on a potential link between wealth and life expectancy, revealing a troubling reality about the wealth gap in the U.S. Wealth and Life Expectancy Disparities Scientists revealed that addressing wealth inequality in the U.S. could improve the average American’s life expectancy. U.S. Lagging in Life Expectancy The U.S. life expectancy […]
Advertising Firm Publicis Settles for $350 Million Over OxyContin Ads, Denies Wrongdoing
Publicis, the advertising firm used by Purdue Pharma to falsely advertise OxyContin, has reached a historic $350 million settlement, and it needs to be paid right now. Landmark Resolution for Publicis Publicis played a major role in advertising the sale of OxyContin for Purdue Pharma before millions became addicted to the drug, causing a severe […]
Gen Z Voices Financial Hardships Over Parents’ Era – Valid Concerns or Whining?
The transition to adulthood has always been a difficult time, but Gen Z is claiming it’s much more complicated now than in their parent’s time. Have a look at what has changed and see if you agree! A Generation in Transition As the torchbearers of the future, Gen Z grapples with distinct challenges that set […]
World’s Poorest Lose $1.5 Trillion as Top 5 Billionaires Double Wealth in 2023 – Calls Rise for Fair Share
A report from the charity Oxfam revealed that the world’s top five billionaires doubled their wealth in the same time it took for the world’s poorest 60% to lose a combined $1.5 trillion. Wealth Disparity Unveiled Oxfam’s report reveals that the world’s five wealthiest individuals have increased their wealth by over 200% to $869 billion […]
McDonald’s Settles Million-Dollar Assault Lawsuit with Teen Worker, Admits Hiring Oversight
A 14-year-old McDonald’s worker has been compensated millions of dollars after filing a sexual assault lawsuit against a McDonald’s manager who had a track record and had even severed prison time. McDonald’s Franchisee Settles Assault Lawsuit A McDonald’s franchisee, Rice Enterprises LLC, agreed to a multi-million dollar settlement in an historic lawsuit. Extend of Lawsuit […]
Craft Beer Industry Faces Turmoil as Gen Z Prefers “Instagramable” Cocktails Over Beer, Guanella Pass Files for Bankruptcy
There has been a serious crisis for craft beer breweries over the last five years as Gen Z prefers mocktails and cocktails, resulting in huge financial losses for companies, including Guanella Pass. Brewing Industry Shock Guanella Pass Brewing has joined a long list of craft beer companies by filing for Chapter 11 bankruptcy. Financial Struggles […]