ECONOMICS

By Jonathan Maze of Restaurant Business Online,

Premier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue.

It’s the third time this year that a major Burger King operator has taken such a step, while several others closed restaurants around the country in the aftermath of the chain’s sales and profit challenges.

In this case, Premier (more…)

Authored by Lance Roberts via RealInvestmentAdvice.com,

The Chicago Fed National Activity Index (CFNAI) is arguably one of the most important and overlooked economic indicators. Each month, economists, the media, and investors pour over various mainstream economic indicators, from GDP to employment and inflation, to determine what markets will likely do next.

While economic numbers like GDP or the monthly non-farm payroll report typically garner the headlines, the most crucial statistic, (more…)

Following a slew of FedSpeak from his minions (all confirming the 'high(er)-for-long(er), data-dependent, no rate-cuts in sight' narrative), and after his nothingburger address at The Fed yesterday, Fed Chair Powell will participate in a panel discussion at The IMF entitled: "Monetary Policy Challenges in a Global Economy."

Joining Powell in the discussion are the IMF's Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international (more…)