Tag: quarter

2024-10-23

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders

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Business

McDonald’s Quarter Pounder hamburger Getty Images McDonald’s shares dropped in premarket trading Wednesday morning after the Centers for Disease Control and Prevention said an E. coli outbreak linked to McDonald’s Quarter Pounder burgers has led to 10 hospitalizations and one death. The agency said 49 cases have been reported in 10 states between Sept. 27 and Oct. 11, with…

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2024-09-18

Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey

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Federal Reserve Chairman Jerome Powell. Andrew Harnik | Getty Images With considerable uncertainty about what the Federal Reserve will do at its meeting this week, respondents to the CNBC Fed Survey are forecasting a more gradual approach to rate cuts than is currently priced into markets. The survey shows 84% of the 27 respondents, including economists, fund managers and…

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2024-08-12

Trump Media reports $16 million loss for quarter as revenue falls

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Business

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more…

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