Economy

McDonald's, the world’s largest restaurant chain, is aiming to open nearly 9,000 new restaurants and add 100 million loyalty members by 2027. This major strategic move, which was announced on Tuesday, is expected to drive growth and create more than

The banking industry is facing major changes due to the Dodd-Frank Act, a vast financial regulation reform that was brought into effect in 2010 in an effort to clamp down on profligate risk-taking by the banking sector following the global

The outcome of contract negotiations between Hollywood actors and producers could be close as the two sides recently concluded weeks-long negotiations which have yet to yield a final agreement. The talks between the Screen Actors Guild-American Federation of Television

Swiss Bank UBS Agrees to Pay $122.9 Million For Assisting U.S. Citizens Hide Billions in Assets Swiss Bank UBS AG has agreed to pay the U.S. government $122.9 million to resolve charges related to assisting U.S. citizens conceal billions of

Over the last few weeks, Hollywood has been facing an unprecedented dilemma regarding the ongoing Israel-Hamas war. On one side, several studio projects have been put on hold, as many actors, producers, and other industry insiders have expressed their opposition

The housing market has taken a nosedive during the COVID-19 pandemic. The latest numbers from the National Association of Realtors show that pending home sales have dropped to a record low in April, making the current crisis worse than the

Red Lobster has made headlines with one of its latest promotional deals, but not always for the best of reasons. The seafood chain recently launched a promotion offering unlimited shrimp for $15.99, but the offer was so popular and so

On Thursday, Federal Reserve Chairman Jerome Powell called talk of cutting rates premature and suggested there could be further rate hikes ahead. In an address to Congress, Powell noted that the economy was "at close to maximum employment" and inflation was

Changin global dynamics in the global economy have recently impacted Walmart Inc., one of the world's biggest retailers, as it shifts imports from China to India to get better price than what was previously available. Walmart, which is the world's largest

The atmosphere among autoworkers in the United States is shifting as thousands of employees at Toyota, Honda and other manufacturers begin to unionize in an effort to gain better employee benefits and wages. This effort was sparked off by the