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Economy

Fast-food companies are attracting Less low-income customers

“… Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter… Continue Reading…

Stocks

“Starbucks stock rises 10% as U.S. customers buy into pricier drinks”

“Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by strong U.S. demand for pricier drinks. Shares of the company rose 10% in morning trading. Here’s what Starbucks reported for its fiscal fourth quarter compared with what Wall Street… Continue Reading…

Business

70% Of Consumers Respond Positively To Branded Products

“Data shows that an estimated 25% of internet users use ad-blockers; between 2014 and 2018, Netflix, which is ad free, grew from 50 million to 125 million subscribers. The simple truth is that people just don’t like ads, and they’ll pay to avoid… Continue Reading…