McDonald’s isn’t playing chicken with the competition anymore. On Thursday, the fast-food giant announced the full lineup of its revamped McValue menu, signaling a strategic retreat from record-high prices that have alienated its core middle-class customer base.Starting April 21, the world’s biggest burger chain is launching a standardized, nationwide McValue…
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Rabobank’s Senior FX Strategist Jane Foley discusses recent Swiss inflation data and implications for the Swiss Franc. Foley notes that low Swiss CPI reduces pressure on the SNB to cut rates below zero, while credible FX intervention and safe-haven demand should keep CHF firm. They still expect another dip toward the EUR/CHF 0.90 area in coming months.SNB policy, FX threat and safe haven”Since Swiss March CPI inflation has edged away from the zero level, there…
Gas prices are climbing fast nationwide, adding pressure to already strained household budgets as conflict…
The US Dollar (USD) is outperforming its peers on Thursday, and rallies about 0.6% against…
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Ukrainians have started using a new mixed-reality headset to train crews for the Leopard 2A4 main battle tank. Loading audio narration… The headsets are a lower-cost alternative to training troops with actual tanks and ammunition, which are also in greater demand on the front lines, said Varjo, the Finnish developer…
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A new investigation by Congress detailed how China is buying sanctioned oil from rogue regimes around the world at a discount. The House Select Committee on China released its report on how China is evading sanctions to purchase tens of millions of barrels of oil from countries like Iran, Russia and…
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The Customs and Border Protection is in for a few busy months. Loading audio narration… Over the past weeks, the CBP’s new online system for refunding tariffs paid under the IEEPA has drawn 26,664 registrations as of March 26, as officials race to return an estimated $166 billion to importers…
