McDonald’s sales slipped last quarter, which could indicate tighter budgets among lower-income Americans. Plus, the unintended effects of economic sanctions as a policy tool.
In meetings this week, central bankers will consider cutting interest rates in the U.S. and U.K., while rate hikes could be on the table in Japan.
The U.S. increasingly uses economic curbs against bad actors, reports The Washington Post’s Jeff Stein. But some consequences are unintended.
Reporting quarterly results, the fast-food company said customers “continue to be more intentional with the dollars they spend.”
And why is there no target number to measure it, as there is with inflation —the Federal Reserve’s other mandate?
Older siblings have an economic leg up on their younger counterparts, according to a growing body of economic research.
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