Current:Home > reviewsThe Daily Money: Deal time at McDonald's -EquityExchange
The Daily Money: Deal time at McDonald's
View
Date:2025-04-14 23:42:01
Good morning! It’s Daniel de Visé with your Daily Money.
McDonald's reported a decline in sales for the first time in more than three years, Mike Snider reports. But the home of the Big Mac has a strategy for growth , including a brand new burger.
Deal-conscious consumers steered clear of the golden arches, driving a 1% decline in global sales for the fast food giant during the April-to-June 2024 period. Profit fell 12%.
To counter perceptions of rising prices, McDonald's began offering a limited-time $5 meal deal in June, part of an industry-wide trend. Now, the chain plans to keep the meal deal around longer than planned.
There is also talk of a new burger.
Kamala Harris and student loans
The potential of a Kamala Harris presidency should give Americans with student debt hope for a second chance at seeing it forgiven, Medora Lee reports.
As vice president, Harris supported President Joe Biden’s canceling of more than $160 billion in federal student loans. She also initially backed Biden's plan to forgive $10,000 to $20,000 for every borrower, until it was blocked by the Supreme Court.
Here's what analysts think will happen if Harris wins.
📰 More stories you shouldn't miss 📰
- Tesla recalls 1.85 million vehicles
- Spending too much on birthday parties?
- New rules for flying with dogs
- 4 things married couples should know about Social Security benefits
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
California is one of the largest and most populous states in the U.S. It's also one of the most expensive places to live. According to data from the Census Bureau's American Communities Survey, the median monthly mortgage cost in California is $2,673. It's not just housing that adds up: health care, taxes, food and transportation all contribute to California's growing cost of living.
Last year, the California Community Poll found that 4 in 10 Californians were considering moving out of state, with the majority saying it’s too expensive to live there. Although the poll found a majority of Californians love living there, increasing costs of living is the main driver for people moving.
Here's a breakdown of some of the priciest California counties.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (8815)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Who is Laphonza Butler, California Gov. Gavin Newsom's choice to replace Feinstein in the Senate?
- 13 Halloween-Inspired Outfits That Are Just as Spooky and Stylish as Costumes
- Oklahoma woman riding lawn mower at airport dies after plane wing strikes her
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Jimmy Butler has a new look, and even the Miami Heat were surprised by it
- Slovakia’s president asks a populist ex-premier to form government after winning early election
- Missing California swimmer reportedly attacked by shark, say officials
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Czechs reintroduce random checks on the border with Slovakia to prevent illegal migration
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Colorado man arrested on suspicion of killing a mother black bear and two cubs
- Department of Defense official charged with running dogfighting ring
- Brewers' Brandon Woodruff is out for NL wild-card series – and maybe longer
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- North Dakota state senator, wife and 2 children killed in Utah plane crash
- 13 Halloween-Inspired Outfits That Are Just as Spooky and Stylish as Costumes
- Brazil’s government starts expelling non-Indigenous people from two native territories in the Amazon
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Pennsylvania House proposes April 2 for presidential primary, 2 weeks later than Senate wants
How Gwyneth Paltrow Really Feels About That Weird Ski Crash Trial 6 Months After Victory
With his mind fresh and body rejuvenated, LeBron James ready to roll with Lakers again
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
ManningCast features Will Ferrell, 'meatloaf' call and a touching tribute
Police raid on Kansas newspaper appears to have led to a file on the chief, bodycam video shows
Kia, Hyundai among 3.3 million vehicles recalled last week: Check car recalls here