Business

McDonald’s $5 value meals save third quarter U.S. sales but E. coli outbreak hangs over recovery

The $5 deal was so successful that McDonald’s recently extended it to December at most of its U.S. stores. Read More

Gas prices set to fall as weak global demand eclipses Middle East war

Here’s a look at the current situation and the outlook for oil and gas prices. Read More

Jeremy Hunt attempts to block OBR report on £22bn ‘fiscal hole’

Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’

Exclusive: MaC VC raises $150 million for its third fund in four years

MaC has closed its third fund at $150 million, Fortune has exclusively learned. Read More

Long before Polymarket, election polls and predictions were always a form of popular entertainment with a checkered record of accuracy

Polls misfired during the election campaigns of 2012, 2016, and 2020. Their collective performance four years ago was their worst ...

America isn’t too worried about fascism

Harris is correct that the republic is in danger but that message may not suffice to prevent a Trump victory

Biden to announce $3bn in grants to electrify U.S. ports and cut carbon emissions during visit to Baltimore

The Maryland port is among 55 ports across 27 states and territories that will receive nearly $3 billion through the Clean ...

Trump’s ally Steve Bannon released after spending 4 months in prison for contempt of Congress

Bannon, 70, reported to the prison July 1 after the Supreme Court rejected his bid to delay the prison sentence ...

Hizbollah appoints new leader after Nasrallah assassination

At least 60 people killed in latest Israeli bombardment of eastern Lebanon

British oil giant BP profits slump amid decline in oil refining margins

BP flagged to markets that its latest earnings would take a sizeable hit after oil prices have fallen on concerns ...

Forget China, fashion empires are facing an even greater risk from ‘luxury fatigue’ according to Chanel exec

Frederic Grangie, head of the watch and jewelry division at Chanel, said the following years will be “complicated” for the ...

JPMorgan is suing the customers who cashed in on bank’s ‘infinite money glitch’ 

JPMorgan is reportedly attempting to recoup more than $661,000 of ill-gotten funds. Read More

Apple Intelligence rollout has customers complaining

They had to join a waitlist before receiving the promised AI-powered features. Read More

HSBC’s investors should not bank on its latest overhaul

Grand global restructuring announcements have been all too familiar from the lender over the past decade

What to expect in Rachel Reeves’ first Budget

Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quickly

McDonald’s suffers second straight decline in quarterly sales

US fast-food chain hit by weakness in international markets as E. coli outbreak overshadows earnings

BP reports lowest quarterly profit since pandemic on weak oil prices

Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase

Global aging doctor says these 4 FDA-approved drugs hold promise for extending life

Dr. Nir Barzilai says a successful gerotherapy will do these four things. Read More

The vast majority of Gen Z’s frontline workers are burned out and ready to throw in the towel

Young adults want flexibility and good pay—and they’ll quit to get it. Read More

Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back ...

Saudi Arabia’s wealth fund retreats from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Biden to stop U.S. citizens from helping China’s AI sector find talent as part of widened investment ban

Blocking China’s high-tech ambitions is one of the few issues that enjoys broad support in Washington from both Republicans and ...

With the election still too close to call, Trump says tech CEOs are reaching out to him

Behind closed doors, executives worry about Trump retaliating against his perceived enemies in the business world. Read More

Africa and our future

There is cause to be optimistic about the growth potential of Africa. Read More

On 2024’s 100 Fastest-Growing Companies list, Tesla slides, Nvidia soars, and energy companies dominate

Energy companies dominated the list, which ranks companies based on growth in revenue, profits, and stock returns. Read More

Childcare crisis: How men and employers can combat ‘time poverty’ for working mothers

A childcare crisis is hitting households, communities, and economies. The private sector is central to solving it. Read More

Labour doesn’t know who ‘its people’ are

Government inability to define group at core of its tax pledges reflects lack of political direction from top

An ultra-rare 1975 dime stashed away for decades just surfaced—and sold for a whopping $500,000

The coin depicts President Franklin D. Roosevelt and is one of just two known to exist without its distinctive “S” ...

Starbucks threatens to fire staff who don’t come back to office

CEO Brian Niccol’s own work arrangement allows him to live in California and travel 1,000 miles to Seattle on the company’s ...

‘Direct attack on Democracy’: Hundreds of ballots have been destroyed in drop box fire attacks in Oregon and Washington

In Phoenix last week, officials said roughly five ballots were destroyed and others damaged when a fire was set in ...