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Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts."
But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23.
SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain...
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Aug 13, 2026 / Tyler Durden
Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June.
Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY...
Source: Bloomberg
Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%...
Final demand...
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Jun 3, 2026 / Tyler Durden
India Throws Open The Bond Gates: Modi Slashes Foreign Investor Taxes In Scramble To Halt Rupee Collapse
India Throws Open The Bond Gates: Modi Slashes Foreign Investor Taxes In Scramble To Halt Rupee Collapse
Having spent the better part of a decade assuring the world that the Indian growth miracle was self-sustaining, structurally sound, and impervious to the “fragile five” indignities of yesteryear, New Delhi has quietly arrived at the only conclusion that ever follows a currency in freefall: print incentives, slash taxes, and beg foreigners to please, please come back.
According to Bloomberg, India is poised to announce a suite of measures to lure foreign capital -...
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Aug 20, 2026 / Tyler Durden
Western Woman Travels To India And Finds The Misery Of Cultural Enrichment
Western Woman Travels To India And Finds The Misery Of Cultural Enrichment
It's been a long time since the Beatles convinced an entire generation of western youth in 1968 that "enlightenment" and personal peace could be found in the third world backwaters of India's ashram retreats. As it turned out, the world famous band and the yogi scammers of that era would end up creating a trend that would sucker gullible liberals for decades to come.
The hippies were not smart, they were merely impressionable.
Today, the streets of India are likely...
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