Financial Performance & Market Trends - Yum Brands experienced an initial stock decline following a mixed quarterly earnings report featuring an EPS beat and revenue miss, with investor focus centering on Taco Bell and the Cyclospora outbreak [1] - Yum Brands reported that third-quarter US same-store sales growth through July 27th declined by 2% [2] - Chipotle reported a top and bottom line earnings beat and raised its full-year same-store sales outlook despite a late July sales dip caused by outbreak concerns [3] - Starbucks reported a top and bottom line earnings beat and raised its full-year same-store sales growth outlook [4] Business Operations & Consumer Insights - Yum Brands noted that US same-store sales experienced maximum impact over the weekend of July 18th, while management signaled recovery as consumer sentiment improved regarding the non-Taco Bell-specific nature of the issue [2] - Credit card data from Consumer Edge indicated that sales declines moderated, particularly among the key 18 to 24-year-old demographic cohort, driven by recent promotional activity [3] - Chipotle clarified its operational safety by confirming it is not involved in the outbreak and sources its lettuce from California [4] - Starbucks reported balanced growth driven by transaction volume increases and higher product mix attachments, such as cold foam, extra espresso shots, and increased morning and afternoon food attachments [5]

Starbucks upgraded its full-year outlook, but the coffee chain needs to improve margins to keep investors on board, writes @AndreaFelsted (via @opinion) https://t.co/hRo6xoDcOx ...

Five months into the war with Iran, rising oil prices and stubborn inflation are driving mortgage rates to the highest level in a year.The average 30-year fixed mortgage rate climbed to 6.66% this week, the highest since July of last year, according to Freddie Mac. That's up from 6.58% last week, marking the biggest one-week jump in mortgage rates in 10 weeks. https://t.co/j1gDq8X1lw ...

Even more than the leaks of exams, it is their growing and enduring importance that should worry policymakers. Young Indians persist in trying to win in this rickety system because finding a job in the market is even harder https://t.co/gKICVT2j1J ...

Mercedes-Benz is recalling over 310,000 cars, according to filings from the National Highway Traffic Safety Administration on Thursday, due to an issue that could cause a micro-switch in their door locks to corrode.Read more: https://t.co/18Bk5oFB0kPhoto: Smith Collection/Gado via Getty Images ...

Back at it tomorrow with special guest @osf_rekt to talk markets, memes and what we're looking at in the trenches 👇Set your reminders - FOMO HOUR live at 10am EThttps://t.co/uPReOfczlJ https://t.co/gyeNqRzT1V ...

Telegram faces terrorism-related cases in both Russia and Australia, Senate negotiators make progress on the CLARITY Act's ethics provisions, and South Korea moves closer to taxing crypto gains starting in 2027.@jennsanasie has what you need to know.Thank you to @hodlwithLedn 👋 for being a sponsor of the CoinDesk Media Network. ...

Moments ago, the Wells lawyer, Ben Crump, announcing the family is hiring audio experts to review sound from the sinking boat call that was made by Nolan's friends. Crump pledging to get to the bottom of what happened as questions continue to swirl around what caused his tragic death. >> We are going to dot every eye and cross every tea until we find out what happened to Nolan Wales.>> Somebody saw something. Somebody know something. >> The 18-year-old's body was found earlier this month on Mississippi's Ho ...

Breaking news out of Georgia where Colin Gray, the father of a teenage mass shooter, was just sentenced to 15 years in prison. He was convicted of 27 charges in March that include seconddegree murder in connection to the 2024 shooting rampage at a high school that was carried out by his then 14-year-old son, Colt. Two students and two teachers died as a result.The judge telling Gray in court that although he did not intend to commit a crime, he was responsible for his lack of action in preventing this trage ...

Why are Senate Democrats scared of Elizabeth Warren and her Crypto lies?Pass Clarity NOW! https://t.co/0SOjN4FZlUTreasury Secretary Scott Bessent (@SecScottBessent):More than a year ago, the House passed the Clarity Act.There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate ...