Cost of living

McDonald’s Corp (NYSE:MCD) shares are trading down nearly 15% in 2024 amid inflation-related declines in demand. Prices of items at McDonald’s have risen faster than those at other chains such as Chipotle Mexican Grill Inc. and Starbucks Corp. Customers aren’t happy about it....

In an unwelcome trend for U.S. households, the impact of inflation continues to grow. Despite a deceleration in the rate of price increases, the cost of living remains much higher than pre-pandemic levels. What Happened: A recent Bloomberg report reveals that what used to cost $100 now demands $119...