Restaurant Brands International, which owns Burger King, Firehouse Subs, Popeye’s, and Tim Horton’s, reported first-quarter revenue of $2.11 billion, slightly short of the $2.13 billion analysts had foreseen.
Tag: U.S. Economy
Post
U.S. EV SALES HIT A SPEED BUMP IN APRIL
Last month, U.S. sales of electric vehicles (EVs) fell 5 percent below March’s volume while the country’s overall car market grew by 10 percent, data service Motor Intelligence reported.
Post
U.S. CORPORATIONS WILL BUY BACK A RECORD $518 BILLION IN SHARES
Flush with cash from a multi-year stock market rally, continued consumer spending, and a robust earnings season, American corporations have announced plans to repurchase a record $518 billion worth of their own shares in 2025.
Post
FED HELD RATES STEADY AS IT BRACES FOR TARIFFS’ IMPACT
The U.S. Federal Reserve left its key interest rates unchanged at last week’s meeting and warned that risks are rising that Donald Trump’s tariff campaign will raise prices and eliminate jobs.
Post
ECONOMIC UPDATE—MARKET OVERVIEW
Once again, another day of Donald Trump in the White House, and another day of him playing The Trump Card. And with each play of the Trump Card, it is another day of the world wondering what will be the next Wild Card that will be dealt.
Post
SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
Faced with the loss of U.S. trade as Donald Trump’s tariff war began to take hold, China’s factory output shrank in April by the most in the past 15 months, the Financial Times reported.
Post
GLOBAL CRYPTO PLATFORMS PLAN OFFICES IN U.S.
Encouraged by Donald Trump’s enthusiasm for digital assets and his administration’s moves to rescind strict oversight measures, cryptocurrency trading platforms are actively looking to open outlets for U.S. customers.
Post
IBM PLANS TO INVEST $150 BILLION IN U.S. BY 2030
IBM will invest $150 billion in its U.S. computer production facilities by the end of this decade, the company announced last week.
Post
BURGER CHAINS’ FIRST-QUARTER RESULTS: NOT A HAPPY MEAL
McDonald’s sales dropped 3.6 percent year over year in 2025’s first quarter, marking the biggest annual decline since the onset of the COVID War early in 2020, the company said. Net income was off by 3 percent.
Post
MORE AMERICANS ARE GLUM ABOUT THEIR ABILITY TO SAVE
A new survey has found that 67 percent of Americans are failing to reach their savings goals and 47 percent now believe they never will. The survey of 2,000 adults across all generations was commissioned by Current, an online financial services app.