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The burgers set to bring huge profits to American McDonald’s stores

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A new menu at McDonald’s stores in the US is set to bring in the big bucks

McDonald’s BTS celebrity meals and crispy chicken sandwiches are expected to fuel a sales increase of 24% when the company reports second-quarter earnings on Wednesday.

The burgers have been deemed ‘popular’ among the fast-food giant’s customer base throughout the United States.

However, analysts are concerned a labor shortage could slow growth.

According to Reuters, if results for McDonald’s fall short of the mark, the lack of cooks and cashiers could be to blame.

As the United States and other economies move toward emerging from the COVID-19 pandemic, an increase in demand for food and goods is exacerbating a shortage of servers, retail workers, truck drivers, and delivery drivers.

That crunch is causing slow service and menu outages

Some of McDonald’s franchisees are cutting operating hours because of staffing problems and seeing sales drop as competitors reopen, according to a survey by Kalinowski.

Some analysts expect McDonald’s U.S. sales to beat estimates, including Nick Setyan of Wedbush Securities, who pointed to new menu items such as the new line of chicken sandwiches, increased marketing spending and growing adoption of the company’s app for ordering.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Money

Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Money

Unpacking crypto ‘prop trading’

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

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