We haven't had a recession for quite a while. Are you worried about any potential recession coming or where you think the economy's in pretty good shape. Well, I think the economy is in pretty good shape at the moment. And I think when you look at kind of the give gets, you know, in terms of tailwinds and headwinds, there are there are more tailwinds at the moment.I mean, I go back we're still running a pretty aggressive fiscal, you know, fiscal play. The infrastructure investment boom, you have you know, y ...

Product & Trend - Over 90% of drinks can now have protein added, aligning with current consumer health and wellness trends [1] - Starbucks aims to provide customers with personalization, particularly around protein options [2] Competitive Advantages - Starbucks is the largest coffee drive-through business [3] - Starbucks is the largest mobile order or digital coffee business [3] - Starbucks is the largest delivery coffee business [3] - Starbucks is the largest cafe coffee business [3] Customer Experience - The combination of connection, community, and the craft of coffee provides tremendous value to customers [4] - Starbucks aims to be the world's greatest customer service company [4]

The Argentine people voted for rejoining the modern world in terms of economic policy with uh sound fiscal policies with respect for the private sector with an opening up of uh the economy. So I was uh very gratified as were markets um by the choices that the Argentine electorate made. It's true in every country and it's especially true in Argentina that you don't regain credibility with a single election or a single policy uh step.But this was uh a significant. ...

Argentine Election & Economic Policy - President Milei's party achieved a surprising victory in Argentina, exceeding expectations [1] - The election result is viewed as a vote for Argentina to rejoin the modern world with sound fiscal policies, respect for the private sector, and an opening up of the economy [2] - Markets reacted positively to the Argentine electorate's choices [2] Economic Credibility & Success - Regaining credibility is a process that requires more than a single action or policy step, especially in Argentina [3] - Avoiding potential economic missteps is a key component of successful economic policy [3] - President Milei's leadership is seen as a sign of success for Argentina [4]

We also had President Trump meet with President Xi Jinping of China over in South Korea. And there were a lot of things announced. President Trump said.On a scale of 1 to 10, it was a 12. I'm not sure how that works exactly, but there was seemed to be a consensus that what we've done is basically just go back to where we were before and this is gonna be an ongoing period of negotiation. How significant in terms of the economy is what happened over in South Korea.Look, I think the most important thing is wha ...

Social Media Accountability & Legal Challenges - Social media companies are being held accountable for harms caused to children, with law firms specifically founded for this purpose [2][3] - Legal actions are focusing on the design of social media platforms and their algorithms, rather than just the content they host [5] - Section 230 has historically shielded social media companies, but efforts are underway to challenge this protection [3] - Plaintiffs face powerful and wealthy social media companies in court, likened to fighting a "Leviathan" [4] Platform Design & Harmful Effects - Social media platforms are seen as facilitating illegal activities, such as drug dealing, by easily connecting individuals [2][3] - Platforms are designed to be addictive to adolescent brains, with companies aware of the potential for addiction, sexual abuse, and suicide [3][6] - Algorithms prioritize engagement by showing users content they "can't look away from," potentially harmful content [7] - The pursuit of profit by social media companies is seen as contributing to the harm of children [1][6] Parental Grief & Advocacy - Parents are experiencing the tragedy of losing children due to issues linked to social media, such as fentanyl poisoning and suicide [3][5] - Parents are actively advocating for change and seeking justice, despite the emotional toll of "retraumatizing themselves" [7]

You've put a lot of emphasis on service, obviously, with the Green Apron project. What does that look like in terms of staffing, though. I mean, you obviously have to hire more people, but more importantly, you have to retrain a lot of your existing staff as well.How, I guess, receptive have they been to that. And have you faced any challenges. You know, I got to give our partners a lot of credit.They really have embraced both the back to Starbucks strategy and the green Apron service standard. And when I'm ...

Financial Performance & Turnaround Strategy - Starbucks achieved a 1% increase in same-store sales, signaling a potential return to growth [1] - The company views the fiscal fourth quarter as a critical moment in its "back to Starbucks" turnaround plan [2][4] - Starbucks is optimistic about future bottom-line performance, aiming for increased transaction profitability compared to current levels [19][20] - Margins are expected to improve alongside top-line success, with the goal of returning to pre-COVID earnings levels [19] Operational Improvements & Customer Experience - Implementation of the "Green Apron" service standard, focusing on improved partner staffing, training, and customer connection, led to transaction increases [2][3][6][7] - Store staffing has been increased with more hours allocated, enabling partners to perform their jobs with excellence [3][8] - Starbucks is focused on enhancing the in-store experience through coffee house uplifts, aiming for a better atmosphere and design, with 70 locations completed and a goal of over 1,000 this fiscal year [9][14][16] Competitive Landscape & Pricing - Starbucks acknowledges competition from upstart competitors but emphasizes its strengths as the largest coffee drive-through, mobile order, delivery, and cafe business [29][30][31] - The company aims to compete from a position of strength by delivering a superior customer experience and maintaining its perceived value [30][31][32] International Strategy & Expansion - China experienced its second consecutive quarter of comp growth, indicating positive momentum in that market [5][35] - Starbucks is in the process of finalizing a partnership to further expand its footprint in China, potentially growing from 8,000 stores to 15,000-20,000 stores [33][36] Product Innovation - The introduction of protein-added options is proving to be incremental, attracting rewards customers and increasing frequency [25][26][27] - Over 90% of drinks can now have protein added, aligning with health and wellness trends and offering customers personalization [28]

Monetary Policy Stance - The ECB decided to keep the three key interest rates unchanged [1][24] - The ECB will follow a data-dependent and meeting-by-meeting approach to determine the appropriate monetary policy stance [3][24] - The ECB is not pre-committing to a particular rate path [3][25] Inflation Assessment - Inflation remains close to the 2% medium-term target [1][2][13][14][24] - Annual inflation increased to 2.2% in September, up from 2% in August, mainly due to energy prices [11] - Inflation excluding energy and food rose to 2.4% from 2.3% in August [12] Economic Outlook - The economy grew by 0.2% in the third quarter [4] - Unemployment at 6.3% in September remains close to its historical low [6] - Bank lending rates for firms averaged 3.5% in August [21] - The average interest rate on new mortgages stood at 3.3% in August [23] - Growth in mortgage lending ticked up to 2.6% in September from 2.5% in August [23] Risks and Uncertainties - Ongoing global trade disputes and geopolitical tensions create uncertainty [2][16] - A volatile global trade environment could disrupt supply chains and dampen exports [15] - Geopolitical tensions, particularly Russia's war against Ukraine, remain a major source of uncertainty [16]

the president of the People's Republic of China. >> Good to meet you. >> Great pleasure to see you again. >> Good to see you again.>> Me, too. >> And we're going to have a very successful meeting. I have no doubt.But he's a very tough negotiator. That's not good. We know each other well.>> Mr. . President, do you plan to sign a trade deal today. >> Could be.>> I think we have. >> We'll have a great understanding. >> We have a great relationship. We've always had a great relationship.Will you discuss what I ...