U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.» Read More
NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.
Jeffrey Lacker, the president of the Federal Reserve Bank of Richmond, will speak at an economic outlook conference in Charlotte, North Carolina, at 12:30 p.m.. St. Louis Fed Bank President James Bullard will also speak on the economy in St. Louis in the afternoon, and Dallas Fed Bank President Richard Fisher will speak in Chicago in the evening.
Dec 9- McDonald's Corp on Monday reported another sluggish month of sales at established restaurants, results that suggest the famed hamburger chain is losing U.S. market share to rivals.
Discussing the company's problems in the U.S. and success in Europe, with Andy Barish of Jefferies and Peter Saleh of Telsey Advisory Group.
NEW YORK, Dec 9- Wall Street rose modestly on Monday after Chinese inflation data eased worries about policy tightening there, while investors were cautious before speeches on the economy by four top Federal Reserve officials. Richmond Fed Bank President Jeffrey Lacker will speak at an economic outlook conference in Charlotte, North Carolina at 12:30 p.m..
Dec 9- McDonald's Corp continued to grapple with slack demand and intense competition in November, as weakness in the United States, Germany and Japan dragged on sales at established restaurants.
What's the theme for 2014? It's still murky, but I'm increasingly warming to the idea of a synchronized but low-key global recovery.
NEW YORK, Dec 9- Wall Street was set for a slightly higher open on Monday, supported by inflation data from China but gains were likely to be capped with a number of top Federal Reserve officials lined up to speak throughout the day.
Dec 9- McDonald's Corp reported weaker-than-expected global sales at established restaurants for November, hurt by a sharp drop in comparable-store sales in the United States. The company said high competition and relatively weak customer traffic hurt sales in the United States, its second biggest market after Europe.
McDonald's reported weaker-than-expected global sales at established restaurants, hurt by a drop in comparable-store sales in the United States.
McDonald's has committed yet another employee advice blunder, listing on its worker resource website pricey suggestions for holiday tipping.
Strikes against fast-food restaurants have called for the minimum wage to increase to $15, but the side effects of such a jump are unclear.
Martin Feldstein, Harvard University economics professor, shares his views on how raising the minimum wage to $15 an hour would impact the economy.
Dec 2- Yum Brands Inc said November sales at established KFC restaurants in China, its top market, failed to grow despite a successful half-priced chicken promotion, and it forecast a return to earnings per share growth in 2014.. Yum is the biggest Western restaurant operator in China and had almost 4,500 KFC outlets there at the end of its third quarter.
Devonte Yates, McDonald's crew member, explains why he is looking for a raise from $7.25 an hour to $15 an hour.
If you hate the fact that stores opened on Thanksgiving, don't forget who's in charge here, says Carol Roth.
The struggle of low-income workers, many in retailing, is adding momentum to efforts to increase the federal minimum wage. The NYT reports.
Kids sometimes have the darnedest ideas about money. These gems were gleaned from financial literacy classes around the country.
Know that Johnny Mercer song, "Accentuate the Positive?" If you’re trying to make money in this market, you should.
McDonald’s is getting grilled over its employee advice, after suggesting returning purchases and bringing a sack lunch.