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 Pabradyphoto via iStock

Economics

The US Dollar is Flexing Muscle, Putting the Rest of the World on Notice

The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Gage Skidmore via CC BY-SA 2.0 and Kremlin.ru via CC BY 4.0

Geopolitics

Saudi Arabia Pulls Back as Trump Reemerges on World Stage

Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.

6 min read
Photo by Pitipat Usanakornkul via Pexels

M&A

Cheerios Owner Buys Petcare Brand for $1.45 Billion

Snacking conglomerates all agree: Petcare mergers and acquisitions are the cat’s pajamas. Just ask General Mills.

1 min read

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