The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Fast food giant McDonald's has quietly made a change to one its most popular items: the Quarter Pounder.
The sandwich now defies burger math and includes 4.25 ounces of beef, slightly more than its former size of 4 ounces before cooking.
No word on how much the beef shrinks after hitting the grill, but the former 4-ounce patty cooked down to just 2.8 ounces after heating.
McDonald's was not immediately available for comment about the change.
The bigger burger follows an uptick in beef prices from normal levels at the chain during the last quarter.
On its most recent earnings call, the chain noted domestic commodity costs rose about 1 percent, mostly due to climbing beef prices.
It will be up to the chain's operators to decide whether to raise prices for the bigger burgers, one source told CNBC.
Citing an internal document, CNBC first reported in late June the switch was going to occur though the company declined at the time to elaborate on the burger's expansion.
The move comes as McDonald's seeks to improve its core menu as part of an ongoing turnaround led by CEO Steve Easterbrook. The initiatives include different cooking methods, such as changing how it sears and grills its beef to deliver hotter and juicier sandwiches, and a new drive-through ordering process to improve accuracy.