McDonald’s new bet on chicken hits a snag as franchisees say the birds are too big
McDonald’s franchisees have complained about “tough meat” and other issues with new hand-breaded chicken, an analyst said.
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S&P 500 Posts a New Record High on Strong Tech Earnings
The S&P 500 Index ($SPX) (SPY) today is up +0.73%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +2.00%. September E-mini S&P futures (ESU26) are up +0.72%, and September E-mini Nasdaq futures (NQU26) are up +1.94%. Stock indices are moving higher today, with the S&P 500 and Dow…
What are the main events for today?
EUROPEAN SESSION In the European session, we get the Flash PMIs for the major Eurozone economies and the UK. Given the current growth concerns, disappointing PMIs could add to fears that the recent tightening in financial conditions and the elevated energy prices are starting to strangle the economy. This scenario should result in a dovish…
Delayed, Not Denied: India’s BGAI Entry Waits on Market Access
At the end of the last month, Bloomberg Index Services Limited hit a pause button on a decision that market participants had been closely watching: India’s inclusion in the Bloomberg Global Aggregate Bond Index (BGAI). However, the reason for the ongoing review is not India’s size or its credit profile; it has more to do…
Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of third-party capital to fund the buildout of AI infrastructure.
Are we in a new space race?
A new space race means plenty of enticing prospects for investors, says Mark Boggett, chief executive officer and co-founder of investment firm Seraphim. Speaking to MoneyWeek’s contributing editor Cris Sholto Heaton on the MoneyWeek Talks podcast, which you can also watch on YouTube, Boggett explained how space used to be the preserve of only the…
What gave this city its ‘best place to retire’ crown? You can actually afford to live there.
Low cost of living, high quality of life and favorable taxes for retirees, for the win.
