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☆ Kamala Harris on working at McDonald’s in her 20s: 'It was not a small job'
▼ + stars: | 2024-10-01 | by ( Judy Lagrou | In Judylagrou | ) www.cnbc.com time to read: +1 min

Before going into politics, Vice President Kamala Harris worked at McDonald's in her 20s, she confirmed in a recent interview with MSNBC's Stephanie Ruhle. "It was not a small job," Harris told Ruhle. "There are people who work at McDonald's in our country who are trying to...raise families and pay rent." To Harris, working at McDonald's inspired her to make lowering costs and raising economic security a "top priority" if elected president in November. These are valuable skills in any career, Tiffanie Boyd, senior vice president and chief people officer for McDonald's, previously told CNBC Make It.

Persons: Kamala Harris, MSNBC's Stephanie Ruhle, Harris, Ruhle, Tiffanie Boyd, Boyd Organizations: CNBC Locations: McDonald's

☆ Stocks making the biggest moves midday: Lockheed Martin, Paychex, CVS and more
▼ + stars: | 2024-10-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Energy stocks – U.S. crude oil futures rose 4% on worries that Iran is preparing to attack Israel , sending shares of energy companies higher. Defense stocks – Defense stocks rose on Tuesday after the White House warned that Iran was preparing an "imminent" ballistic missile attack on Israel. Shares of Lockheed Martin and Northrop Grumman were last trading higher by 3.7% and 4.1%, respectively. Paychex – The stock rose more than 4%, hitting a new 52-week high, after the company reported better-than-expected fiscal first-quarter results. Clorox – Shares of the household supplies company climbed nearly 2% after an upgrade to buy from hold at Jefferies.

Persons: Morgan Stanley, Israel, Halliburton, McDonald's, Lockheed Martin, Northrop Grumman, Paychex, Walt Disney, Raymond James, Clorox, —, Sarah Min, Hakyung Kim, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox, Darla Mercado Organizations: New Fortress Energy, New Fortress, Deutsche Bank, New, –, APA Corp, Occidental Petroleum, Energy, Arcos, Defense, House, Lockheed, L3Harris Technologies, HP Inc, Citi, Walt Disney —, CVS Health, CNBC, Reuters, Jefferies Locations: Iran, Hess, Israel

☆ My husband and I don't eat much fast food, but we went to Culver's for the first time and loved our $42 meal
▼ + stars: | 2024-09-30 | by ( Timothy Moore | ) www.businessinsider.com time to read: +1 min

Culver's is a fast-food restaurant that started in Wisconsin and has since expanded across the US. I'd never been before, but my mom loves it, so my husband and I recently tried it out. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Recently, my husband and I decided to see why Ma is so wild about this place — and I have to admit, I was pleasantly surprised.

Persons: —, we'd, BJ's Brewhouse, Culver's, I'd Organizations: Service Locations: Wisconsin, Cincinnati, Applebee's, Ohio

☆ A veteran cinematographer says he can barely afford a $5 McDonald's value meal since the Hollywood strikes
▼ + stars: | 2024-09-29 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

A cinematographer spoke to BBC News about his struggles for work since the Hollywood strikes. AdvertisementA veteran cinematographer told the BBC that a difficult year has left him worrying about affording even a $5 McDonald's value meal. Fortin told the BBC that his drone company operated almost every day before the Hollywood writers' strike, which ran from May until September 2023. "Now I worry about going out and spending $5 on a value meal at McDonald's," he added. AdvertisementThe writers' strikes lasted for nearly 150 days and resulted in the Writers Guild of America securing minimum pay increases and improvements to residuals.

Persons: Michael Fortin, Fortin, —, " Fortin, Duncan Crabtree, meanwhile, CineDrones Organizations: BBC News, Service, BBC, Hollywood, Writers Guild of America, Otis College of Art, Screen Actors Guild Locations: Los Angeles, Huntington Beach, Las Vegas, Ireland

☆ A man who's visited over 100 McDonald's restaurants around the world shares 10 items he thinks should be on every US menu
▼ + stars: | 2024-09-29 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +3 min

Having traveled to over 55 countries, photojournalist Gary He has tried many McDonald's menus. In his upcoming book, He has captured the cultural essence of McDonald's locations around the world. Speaking to Business Insider, He shared the top 10 items he wishes were on American menus. The book features over 200 photographs of menu items and architectural wonders that showcase how this American chain has integrated across cultures. AdvertisementHere, we've rounded the 10 global items He wishes were on American menus.

Persons: Gary, —, Gary He, documentarian, James Beard, Europe — Organizations: Service, Google, Street Locations: Marrakech, Morocco, Brooklyn, Chicago, Europe

☆ Campaign staffers are stressed — and it shows in their diets
▼ + stars: | 2024-09-28 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

Current and former campaign staffers told BI that they rarely have time to sit for a meal. "I probably ate my weight in Jimmy John's and Subway on those campaigns," he told Business Insider over the phone. Between rallies and phone calls, he chomped away at the sandwiches, one of many frantic campaign staffers without enough time for a sit-down meal. Nellis, now 36, told Business Insider that campaign culture is better now than when he started two decades age. While hunger suppressants, like cigarettes, are common sights among staffers, campaign offices are also stocked with junk food.

Persons: —, Mike Sistak, Sen, John McCain, Mitt Romney's, Jimmy John's, Coke, Sistak, Marisol Samayoa, Adam Schiff's, Elissa Slotkin's, Pablo Roa, Romney, I'd, haven't, hasn't, Mike Nellis, Kamala Harris, Nellis Organizations: Service, Business, McCain, Foods, Nellis Locations: Lansing , Michigan

☆ Wendy's is roasting McDonald's again. This time over broken McFlurry machines.
▼ + stars: | 2024-09-27 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

It took aim at McDonald's in its promotion, accusing its rival of having broken ice cream machines. Wendy's has previously criticized McDonald's for using frozen beef, sparking a public feud. AdvertisementThe Wendy's — McDonald's feud seems to be heating up again. In 2018, Wendy's launched a national TV ad campaign criticizing McDonald's for using frozen beef patties in its hamburgers. "Happy #NationalFrozenFoodDay to you for all the frozen beef that's sticking around in your cheeseburgers."

Persons: Wendy's, —, It's, McDonald's Organizations: Service, Business

☆ Why analysts are calling Cava the next Chipotle
▼ + stars: | 2024-09-27 | by ( Natalie Rice | ) www.cnbc.com time to read: +2 min

Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill . In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Cava Group co-founder and CEO Brett Schulman has said its prices increased 15% between 2019 and 2024. "You hear a lot about the value wars lately.

Persons: Nick Setyan, Brett Schulman, Schulman, That's, Cava, Chipotle Organizations: Wall Street, Wedbush Securities, Cava Group Locations: Cava, Chipotle

Florida ranks sixth among states with the largest shares of homeowners who don't have meaningful insurance. Putnam County, in the northern part of the state, is at 32.9%, while in Miami-Dade County, nearly 25% lack homeowners insurance that would protect them from calamity. In Miami-Dade County, 33.5% of homeowners pay $4,000-plus a year, ranking it in the top 10 among the country's most populous counties. Curtis, who has lived in Taylor County for 40 years and is a former forester, said many of her neighbors can't afford to pay for insurance. Her insurance doesn't cover hurricane damage, so McDonald will anxiously await news from home until the storm passes, she said.

Persons: Michelle Curtis, Hurricane Helene, Curtis, Helene, Debbie McDonald, Hurricane Idalia, she's, McDonald Organizations: Southeastern, Atmospheric Administration, Miami, Dade, Census, Cedar Locations: Florida, Perry, Hurricane, Taylor County, Florida’s Big Bend, Southeastern U.S, Putnam County, Miami, Dade County, U.S, Cedar, Gainesville, Jacksonville

☆ Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi
▼ + stars: | 2024-09-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Elon Musk is worth more than Salesforce or Pepsi after a $100 billion wealth gain since April. Go to newsletter preferences Thanks for signing up! The Tesla CEO's net worth crashed from $229 billion at the start of January to $164 billion by late April, per the Bloomberg Billionaires Index. However, shares of the EV maker have surged by over 80% from their April low, driving a more than $100 billion increase in Musk's wealth to $270 billion at Wednesday's close. That includes an almost $50 billion rise since August 7, when Musk's fortune stood at an estimated $223 billion.

Persons: Elon Musk, —, Elon Organizations: Pepsi, Service, Tesla, Bloomberg, Business

WASHINGTON — Vice President Kamala Harris on Wednesday again confirmed that she once worked at McDonald's, pushing back against former President Donald Trump, who has repeatedly claimed she never worked there. "Part of the reason I even talk about having worked at McDonald's is because there are people who work at McDonald's in our country who are trying to raise a family," she said. A spokesperson for the Trump campaign did not immediately respond to a request for comment on Harris' remarks. Trump has also insisted that Harris' anecdote about having worked at the fast-food chain is a "fake story." During Wednesday's interview, Harris said: "My mother raised my sister and me.

Persons: WASHINGTON, Kamala Harris, Donald Trump, Harris, Stephanie Ruhle, Trump Organizations: Wednesday, NBC Locations: McDonald's

Take a look below at the stocks we found that have formed golden cross patterns, according to FactSet data. McDonald's McDonald's made the screen. Goldman Sachs on Monday reiterated its neutral rating but lifted its price target on McDonald's shares by $41 to $325, which implies 8.7% potential upside. Cisco Systems Cisco Systems shares are up about 3.8% this year and made the cut. Analysts polled by FactSet have an average price target of $83.79, which forecasts less than 1% upside for shares according to Monday's close.

Persons: Dow, McDonald's McDonald's, McDonald's, Goldman Sachs, Christine Cho, Pierre Ferragu, Monday's, Wells, Wells Fargo Organizations: McDonald's, Cisco Systems, Nasdaq, Cisco Systems Cisco Systems, CF Industries, FactSet Locations: Monday's, Wells Fargo

☆ Childcare workers say JD Vance's idea to have family help out more with kids isn't feasible: 'Grandparents should not be the fallback'
▼ + stars: | 2024-09-21 | by ( Eliza Relman | Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

Childcare is often top of mind for parents — and it might also be a deciding factor at the ballot box. Many parents just don't have the luxury of relying on family to provide childcare, Drew said, and they shouldn't have to. Schell said that grandparents have actually stepped in to help provide childcare for some parents, especially during the pandemic. Bock said that it would be helpful to find a way to pay grandparents for childcare responsibilities. AdvertisementBut without that extra support, handing childcare over to grandparents isn't feasible.

Persons: —, Ohio Sen, JD Vance, Donald Trump's, Charlie Kirk, Vance, Kirk, he's, Taylor Van Kirk, Debbie Drew, wasn't, Drew, Wendi Schell, Schell, Renee Bock, Bock, " Bock, Elliot Haspel, It's, it's Organizations: Service, Business, Teachers, Republicans, New York Department of Education, Social Security, Capita Locations: Portage , Wisconsin, Bronx

☆ Sanchez: The Fed's rate cut benefits small caps and the stock market
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSanchez: The Fed's rate cut benefits small caps and the stock marketGina Sanchez, Chantico Global CEO, discusses investment opportunities following a larger-than-expected Fed rate cut. She also recommended Home Depot for its strong dividend yield and McDonald's for its stability and potential demand growth.

Persons: Sanchez, Gina Sanchez Organizations: Chantico Global, Depot

☆ McDonald’s is selling 50-cent double cheeseburgers for National Cheeseburger Day, Wendy's is giving them out for a penny
▼ + stars: | 2024-09-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

For the second consecutive year, the fast food giant is discounting one of its most popular menu items on National Cheeseburger Day. On Sept. 18 only, customers will be able to buy the chain's famous Double Cheeseburger for 50 cents. The offer is available to customers who use the fast food chain's smartphone app, and is limited to one burger per customer. Users who open the app will be prompted to take advantage of the National Cheeseburger Day promotion, and the discount will be automatically applied at checkout. The offering from the Golden Arches is competing with value combos from rival fast food chains like Taco Bell, Burger King, Wendy's and Popeyes.

Persons: McDonald's, Taco, Burger, Bacon, Burger King Organizations: Taco Bell, CNBC Locations: Wendy's

And yet an unusual air of uncertainty overhangs this week's meeting: It’s unclear just how large the Fed’s rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Many analysts foresee a more typical quarter-point rate cut. This week's move is expected to be only the first in a series of Fed rate cuts that will extend into 2025. Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans.

Persons: Donald Trump's, Kamala Harris, Jerome Powell, —, Powell, Jackson, Freddie Mac Organizations: WASHINGTON, —, Federal Reserve, Wall Street, Companies, Associated Press Locations: Jackson Hole , Wyoming

☆ Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAccording to a Harris poll from September 2023, about 45% of adults aged 18 to 29 were still living with their parents. However, the "Oracle of Wall Street" economist — so known for correctly predicting the 2008 crisis — did not foresee a recession, given that stronger cohorts would continue to power the economy. Aside from Gen Z and millennial consumers, top-earners are also helping keep the US economy afloat, Whitney noted. Those raking in over $150,000 are still active in the economy, though buying has shifted toward essentials over discretionary products.

Persons: —, Meredith Whitney —, Harris, Whitney, McDonald's, Gen Z Organizations: Service, Financial Times, Business, Whitney, US Bureau of Labor Statistics, Dollar

☆ Top Wall Street analysts pick these dividend stocks for attractive returns
▼ + stars: | 2024-09-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To that end, the recommendations of top Wall Street analysts can help investors choose stocks with strong fundamentals and the ability to pay consistent dividends. Here are three dividend stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. MPLX LPWe start this week with MPLX (MPLX), a midstream energy player. Recently, RBC Capital analyst Elvira Scotto reiterated a buy rating on MPLX stock with a price target of $47. The company recently paid a base dividend of $1.25 per share of common stock and a variable dividend of $1.27 per share.

Persons: Wall, Elvira Scotto, Scotto, TipRanks, Scott Hanold, Ivan Feinseth, Feinseth Organizations: Wall, MPLX, RBC Capital, Logistics, Energy, Hanold, Chord Energy, Tigress Locations: buybacks, Williston

☆ 20 things you probably didn't know about Jenna Ortega
▼ + stars: | 2024-09-13 | by ( Jp Mangalindan | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

A casting agent discovered Ortega in a video her mother put on Facebook. Jenna Ortega was discovered on Facebook. Tamron Hall ShowWhen Ortega was 7 years old, her mother posted a video on Facebook of Ortega performing a monologue. "It was kind of a joke," Ortega said during an interview on the "Tamron Hall Show" in 2021. Ortega was cast in a series of commercials for brands like McDonald's and Old Navy before eventually landing TV and film roles.

Persons: Ortega, Jenna Ortega, Tamron, — Organizations: Facebook, Wired, Navy

☆ Fast food chains in 'tough position' if all they have going for themselves is price: Fmr. Panera CEO
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFast food chains in 'tough position' if all they have going for themselves is price: Fmr. Panera CEORon Shaich, Former Panera Bread CEO and CAVA chairman, joins 'Closing Bell Overtime' to talk McDonald's expanding its $5 meal deal, more chains rolling out value meals, Brian Niccol's approach to Starbucks and more.

Persons: Ron Shaich, Brian Niccol's

☆ McDonald's is extending its $5 deal again, and it's a sign that Americans still feel strapped
▼ + stars: | 2024-09-12 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

The chain is extending its $5 meal deal through December and adding other limited-time discounts. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the center of the offerings is the $5 meal, which McDonald's said Thursday it would extend for the second time.

Persons: McDonald's, — Organizations: Service, McDonald's, Business

☆ I spent nearly $3,000 on a Disney vacation. I'm canceling all my plans this month to limit my spending.
▼ + stars: | 2024-09-12 | by ( Frank Olito | ) www.businessinsider.com time to read: +5 min

Read previewI am in the middle of what I'm calling Stay Home September. After my trip, I calculated I spent nearly $3,000 for six days and five nights at the parks — far more than I could afford. AdvertisementFood is my biggest expense and my biggest obstacleEvery month, my biggest expense (beyond my New York City rent) is food. I'm a terrible cook, so I am not looking forward to this change, but I hope this measure will cut my biggest expense in half. I'd rather spend money, have adventurous experiences, and explore new cultures than stay home and count my dollars.

Persons: —, I've, I'm, extrovert, I'd Organizations: Service, Disney, Business Locations: New York City, Costa Rica, Italy, Orlando, Airbnbs

☆ There are better opportunities outside of McDonald's in the sector, says TD Cowen’s Andrew Charles
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are better opportunities outside of McDonald's in the sector, says TD Cowen’s Andrew CharlesRestaurant Business Magazine’s Jonathan Maze and TD Cowen’s Andrew Charles, join McDonald’s extending its value meal and the state of the quick service and fast casual sectors.

Persons: Cowen’s Andrew Charles, Jonathan Maze Organizations: Cowen’s Andrew Charles Restaurant, McDonald’s Locations: McDonald's

☆ McDonald's to extend $5 value meal offer into December in most U.S. markets
▼ + stars: | 2024-09-12 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +1 min

McDonald's will extend its $5 value meal into December in most U.S. markets as it looks to win back lower-income consumers. Franchisees have been voting on extending the value meal, and roughly 80% of local markets have opted to extend the deal into December. Votes on extensions are ongoing, so additional locations may be added in the weeks to come. The value meal offers a McDouble or McChicken sandwich, small fries, four-piece chicken nuggets and a small soft drink for $5. Owners will also be offering local promotions in the weeks and months to come, in addition to the value bundle, the company said.

Persons: we're, Joe Erlinger

☆ Here are Thursday's biggest analyst calls: Apple, Nvidia, Roku, Meta, Oracle, Broadcom, Micron & more
▼ + stars: | 2024-09-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Wells Fargo initiates Blackrock as overweight Wells Fargo said the asset manager is well positioned. " Bernstein reiterates Nvidia & Broadcom as top ideas Bernstein said both stocks remain top picks at the firm and that margin fears are overdone. Bernstein reiterates Oracle as a top idea Bernstein said it sees "increasing revenue growth" for Oracle. " Morgan Stanley reiterates Amazon, Alphabet and Meta as overweight Morgan Stanley said the three internet giant's are well positioned in the ad market. Morgan Stanley reiterates Apple as overweight Morgan Stanley named Apple to its Vintage Values list as a stock to own for the next 12 months.

Persons: Wells, Wells Fargo, Stephens, Bernstein, Blackwell, Morgan Stanley, Goldman Sachs, Goldman, Jefferies, McDonald's, it's, Wolfe, Apple, Raymond James Organizations: Simon Property Group, SPG, Blackstone, Apollo, TPG, SF, APO, Blackrock, Nvidia, Broadcom, Oracle, Bank of America, Diageo, of America, Barclays, TAM, CTV, FedEx, UBS, Costco, " Bank of America, Apple, Micron

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