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Business

“Starbucks revenue misses estimates as same-store sales decline for second straight quarter”

“Starbucks’ quarterly earnings met expectations, but the company’s revenue fell short of Wall Street’s estimates. In China, same-store sales dropped 14%. The coffee reiterated its outlook after it slashed it last quarter, predicting that its sales slump would not end… Continue Reading…

Business, Economy

“Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates”

“…Shares of the company were down 2% in morning trading. Here’s what Restaurant Brands reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Restaurant Brands reported third-quarter net income… Continue Reading…

Economy

“More than two-thirds of Americans’ financial situation did not improve or stayed the same in 2022…”

“This year has stressed the finances of many Americans. According to a recent Credit Karma study, 68% of American adults said their finances either didn’t improve or stayed the same in 2022. The most common financial mistake cited by the study’s respondents was not saving… Continue Reading…

Economy

“How to reopen our economy? The same way we closed it down”

“It is not “stimulus” if there’s nothing to stimulate. With almost all states having ordered citizens to stay home and most businesses to shutter, the coronavirus “stimulus” bill passed by Congress and signed by President Trump on March 27 is really a “bridge” bill — a… Continue Reading…