The company’s biggest franchise owner explains why it had to happen. It’s a Whopper. Fast-food chain franchisees generally dislike value menus. McDonald’s (MCD) – Get McDonald’s Corporation Report franchisees, for example, pushed back against the Read more…
Tesla’s CEO promised Ukraine a gesture that would help the country access a fast and secure internet despite the Russian invasion. Elon Musk has promised a lot and didn’t deliver, the Tesla (TSLA) – Get Read more…
Daily Pivots: (S1) 1.5390; (P) 1.5487; (R1) 1.5539; More… EUR/AUD drops to as low as 1.5336 so far and intraday bias remains on the downside. Break of 1.5354 support should now pave the way to Read more…
Euro’s broad based selloff continues today, even though it’s still holding in range against Dollar and Sterling. But overall, European majors are weak. The greenback is somewhat capped by falling benchmark treasury yield. Yen is Read more…
Canada GDP was flat in December, matched expectation of 0.0% mom. The 0.1% mom growth in services-producing industry was offset by the -0.1% mom decline in goods-producing industries. 14 of 20 industrial sectors grew. Advance Read more…
Visa and Mastercard take steps to block Russian financial institutions from their network, complying with government sanctions over Moscow’s invasion of Ukraine. Visa (V) – Get Visa Inc. Class A Report and Mastercard (MA) – Get Read more…
As we leave the chill of winter and enter the newness of spring, here are some of the deals you can stock up and save on. The 31 days of March bring along certain deals Read more…
Stock futures point to a lower open with oil surging past $100 a barrel as Russia’s attack on Ukraine enters its sixth day, with Russia stepping up its offense. Stocks kicked off the month of Read more…
As expected the RBA maintained its cash rate at a record low 0.10% on Tuesday. In the rate statement, Governor Philip Lowe said that the global economy continued to improve, but noted that the war Read more…
The euro has lost ground on Tuesday and fallen below the 1.12 level. In the European session, EUR/USD is trading at 1.1173, down 0.40% on the day. The fighting has intensified in Ukraine, with a Read more…