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Citing weak industry traffic, Technomic cuts its 2024 restaurant sales forecast
Restaurant Business· 6 days agoBurger King and other fast-food chains are expected to fight a value war this summer. How bad has...
Morning Bid: US disinflation good, Chinese disinflation bad
Reuters· 1 day agoThe Fed's revised outlook - fewer rate cuts this year, slightly higher unemployment, a higher...
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
The Daily News· 1 day agoFederal Reserve officials said Wednesday that inflation fell further toward their target level in...
Bond Traders Will Follow the New Fed Dots All the Way Into 2025
Bloomberg· 3 days agoBond traders who have come to terms with the prospect of higher-for-longer interest rates through...
Academy Sales Fall in Q1 as CEO Cites ‘Pressure’ on Consumers
Footwear News via Yahoo Finance· 3 days agoChief financial officer Carl Ford said that Academy generated $200 million in cash from operations...
Europe's right wing swing may stall energy transition momentum
Reuters· 21 hours agoPopulist, nationalist and eurosceptic parties are on course to win just under a quarter of seats in...
Lesli Klainberg Stepping Down as President of Film at Lincoln Center
Variety via Yahoo News· 2 days agoAfter more than a decade overseeing Film at Lincoln Center (FLC), Lesli Klainberg will step down as...
Analyst cites McDonald's venture for Krispy Kreme rating hike
Winston-Salem Journal· 17 hours agoA restaurant analyst at Truist Securities has upgraded his position on Krispy Kreme from “hold” to...
Data centers are choosing Indiana. Is the state’s electricity supply ready?
Indiana Capital Chronicle via Yahoo News· 4 days agoThe data center boom has triggered debate over electricity supply. The post Data centers are...
Fed expected to hold rates steady, project fewer cuts in 2024
Reuters· 2 days agoThe Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic ...