Money

Why McDonald’s may be willing to lose money on its $5 meal deal

McDonald’s diners have not pulled any punches in saying how they feel about the burger behemoth ratcheting up prices to…

7 months ago

Klarna is using ChatGPT to draft legal contracts—but AI isn’t replacing lawyers yet

Buy-now, pay-later business Klarna has turned heads by admitting that its in-house lawyers regularly use ChatGPT to draft contracts. The…

7 months ago

Shein and Abercrombie are disrupting the $14 billion bridal gown market with cheap dresses

Brands that teens once heralded as the epitome of trendy and fast fashion—think Abercrombie, Forever 21, and Shein—are now tapping…

7 months ago

Wholesale inflation surges rise at fastest rate in a year

U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in…

7 months ago

Chase Ultimate Rewards program guide 2024

Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers. …

7 months ago

24/7 trading is already in full swing. Now Wall Street is considering ditching the opening and closing bells altogether

Since the formation of America’s first stock market in Philadelphia in 1790, markets have been evolving. Now, cutting-edge technology enhanced…

7 months ago

Gen Z really do have it worse: Those in their early 20s are earning less and have more debt than millennials did at their age

Gen Z have been relentlessly mocked for spending money they don’t have on avocado toasts, designer bags and luxury holidays—and…

7 months ago

Switzerland shouldn’t follow Europe’s lead on tax, says Roche CEO. Instead, it must compete with ‘Dubai, China and India’

Roche Holding AG Chief Executive Officer Thomas Schinecker said Switzerland shouldn’t follow Europe’s example on tax matters as the region…

7 months ago

32-year-old mother who dropped out of the workforce is back as state starts funding day care with oil lease money

Across the country, the story for families is virtually the same: Child care is unaffordable for many, hard to find…

7 months ago

Used cooking oil imports from China pushed as next target for U.S. tariffs

As President Joe Biden prepares a new wave of tariffs against China, a U.S. soybean trade group is pushing for…

7 months ago