Chipotle

Consumer

Is the Restaurant Industry at the End of an Era?

Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 min read

Photo by Ready Made via Pexels

Consumer

McDonald’s Lengthens the Meal Deal Wars

McDonald’s announced that its $5 summer meal deal, which was only supposed to last through June, will now be extended into December.

1 min read
Photo by Dom J via Pexels

Consumer

Starbucks Abruptly Dumps CEO, Poaches Chipotle Boss

For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.

1 min read

Photo by Tareq Ismail via Unsplash

Banking

Wells Fargo’s Costly Asset Cap Likely to Be Lifted in 2025

America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018.

1 min read
Photo by Christian Harb via Unsplash

International Economics

Trump Vows Tariffs on Canada, Mexico, and China

Trump promised in a Truth post to levy via 25% tariffs “on ALL products coming into the United States” from Mexico and Canada.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Shealah Craighead and Justin Pacheco via Public Domain, Retouchman via iStock

Power Corridor

The Bounds of Trump’s Friendship with Elon Musk

Donald Trump has forged an alliance with Elon Musk, but history shows the two have trouble working together. And then there’s China…

5 min read

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