McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the fast-food giant brought back its Extra Value Meals this week in hopes of capturing budget-conscious consumers.  Kempczinski made the remark during an appearance on CNBC as McDonald’s announced it will offer eight meal bundles at breakfast, lunch and dinner, each costing 15% less than buying the items separately. "Particularly, with middle- and lower-income consumers, they’re feeling under a lot of pressure right now. I think there is a l ...

Part of what we also saw was that particularly with middle and lower income consumers, they're feeling under a lot of pressure right now. I think there's a lot of, you know, commentary about what's the state of the economy, how's it doing, and and what we see is it's really kind of a two-tier economy. If you're upper income, earning over $100,000, things are good.Stock markets are near all-time highs. You're feeling uh, you know, quite confident about things. you're seeing international travel, all those ba ...