Restaurant CEOs can’t stop using the word “value” in explaining lackluster quarterly sales to investors while detailing plans to appeal to thrifty customers.
“I don’t agree with Lina Khan on every issue, to be clear, but I think that she’s been very smart about trying to go after some of these big tech companies that monopolize what we’re allowed to say in our own country.”
The slowdown bolsters the possibility that an oversupply of crude is looming, a threat that has limited oil prices to a roughly 7% gain this year despite OPEC+ production cuts and rising geopolitical tensions.