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McDonald's CEO warns of 'two-tiered economy'
Fox Business· 2025-09-03 12:31
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 ...