Money
No fries with that: McDonalds Japan facing fry shortage
McDonalds outlets within Japan are running short on french fries and are making drastic changes
Global fast food outlet McDonalds is seeing a shortage of french fries in Japan.
The fast food company is being forced to ration the product in the nation because of supply chain bottlenecks. It sources potatoes from North America, where omicron cases have been surging.
Reports state that in addition to coronavirus wreaking havoc, flooding at a Vancouver port has further squeezed the logistics network.
McDonald’s—usually goes by the local slang name of “Makudo” or “Makku” in Japan—is trying to arrange alternative flights to ensure the shortage doesn’t continue to plague its 2,900 Japanese outlets in the new year.
Meanwhile, it’s offering customers a 50 yen discount on combos (that typically come with medium fries) on account of the smaller portion.
Oddly enough, this isn’t the first time McDonald’s fries have faced a crunch in Japan. It happened around this time six years ago, too.
McDonald’s hopes that supply issues that will affect its 2,900 outlets in Japan will be resolved by New Year’s eve and said the move won’t affect its hash brown offerings.
Money
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.
Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.
We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.
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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights
Money
Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.
Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.
The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.
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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker
Money
S&P 500 dips as tech stocks struggle with AMD leading losses
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.
Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.
Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.
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