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Goldman: Fast Food's 'Bang For The Buck' Gains As Casual Dining Appeal Craters
Goldman: Fast Food's 'Bang For The Buck' Gains As Casual Dining Appeal Craters
Goldman analyst Christine Cho has published her latest quarterly survey of 2,000 consumers for 1Q26, pointing to a softer restaurant environment. Muted demand backdrop suggests that the K-shaped economy continues to fester, with working-poor consumers still facing the greatest downward pressure.
Respondents expect their visits to limited-service restaurants (LSRs), restaurants where customers generally order and pay at a counter, kiosk, drive-thru, or app, such as McDonald's, Burger King, Wendy's, Chipotle, CAVA, Sweetgreen, Panera, and others, to hold steady...
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May 23, 2026 / Tyler Durden
Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report
Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report
Via Middle East Eye
Iran has destroyed $1bn worth of MQ-9 Reaper Drones, or roughly 20 percent of the US's pre-war inventory of the sophisticated unmanned aerial vehicles, according to a report by Bloomberg on Friday.
The report said that many of the drones were downed by Iran in flight, but that others had been destroyed on the ground when Iran targeted US military bases in the Gulf.
via AFP
The MQ-9 is both a surveillance drone and capable of carrying a payload, typically Hellfire missiles...
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Jun 9, 2026 / Tyler Durden
Trump's Economic Shield Cracks As Gas Prices And Iran Standoff Threaten Midterm Fortunes
Trump's Economic Shield Cracks As Gas Prices And Iran Standoff Threaten Midterm Fortunes
As we continue to 'enjoy' expensive gas across the country thanks to a broken campaign promise not to start new wars, President Donald Trump enters the 2026 midterm campaign with an unfamiliar vulnerability: voters are feeling the pain.
High gasoline prices, fueled by the prolonged U.S. military confrontation with Iran and disruptions in the Strait of Hormuz, have turned inflation into a daily political problem for the White House. Trump's approval ratings have fallen near the lowest point...
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May 21, 2026 / Tyler Durden
FBI Charges Assistant US Attorney For Stealing Smith Report Docs In Trump 'Witch Hunt' Case
FBI Charges Assistant US Attorney For Stealing Smith Report Docs In Trump 'Witch Hunt' Case
Authored by Jonathan Turley,
Former Justice Department prosecutor Carmen Mercedes Lineberger has been indicted for allegedly removing confidential Justice Department material and then concealing her efforts. Lineberger is accused of secretly transferring Jack Smith’s final report and hiding the material under files labeled “chocolate cake recipe” and “bundt cake recipe.” There has not been a greater recipe for disaster since aides tried to fit all of Biden’s candles on a cake. The case is particularly interesting because...
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