Zara Tightens Grip
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KFC, Pizza Hut Feel Pinch From Consumers' Tightening Restaurant Budgets
Yum Brands, the parent company of the chains, reported a 3% quarterly decline in global same-store sales, hurt by a slowdown in the Middle East.The Wall Street Journal - World -
KFC, Pizza Hut Feel Consumers' Tightening Restaurant Budgets
Yum Brands, the parent company of the chains, reported a 3% quarterly decline in global same-store sales, becoming the latest restaurant operator to report lower-than-expected sales.The Wall Street Journal - World -
Federal Reserve keeps interest rates at current levels as inflation holds its grip
The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.NBC News - Top stories - Federal Reserve