Business

Starbucks, McDonald’s, Yum earnings show consumers pulling back

Starbucks, McDonald’s, Yum earnings show consumers pulling back

Mickey Vernon

It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending ...

Jobs on the line as popular Sydney restaurant chain Elements Bar And Grill goes into administration

Jobs on the line as popular Sydney restaurant chain Elements Bar And Grill goes into administration

Mickey Vernon

A popular Sydney restaurant chain has entered administration, putting about 180 jobs at risk. Five separate restaurants, all of which ...

G7 agrees to phase out coal-fired power plants by mid-2030s

G7 agrees to phase out coal-fired power plants by mid-2030s

Mickey Vernon

G7 energy and climate ministers agreed a time frame Tuesday for phasing out coal-fired power plants that are not equipped ...

Elon Musk Can’t Solve Tesla’s China Crisis With His Desperate Asia Visit

Elon Musk Can’t Solve Tesla’s China Crisis With His Desperate Asia Visit

Mickey Vernon

Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was ...

Paramount CEO Bob Bakish steps down

Paramount CEO Bob Bakish steps down

Mickey Vernon

Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun ...

ATO hit list: What the tax office is expected to be cracking down on this End of Financial Year

ATO hit list: What the tax office is expected to be cracking down on this End of Financial Year

Mickey Vernon

Tax time is nearing, with the financial year ticking over on July 1, 2024. If you are lodging your own ...

Monetary policy expectations impact stocks more than rate moves: RBI paper

Monetary policy expectations impact stocks more than rate moves: RBI paper

Mickey Vernon

Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day ...

Sale or No Sale, TikTok Will Never Be the Same

Sale or No Sale, TikTok Will Never Be the Same

Mickey Vernon

The end of TikTok has begun. As the dust settles from a week of shockingly fast legislative action by the ...

Wealth gap between millennials spurs a new class war

Wealth gap between millennials spurs a new class war

Mickey Vernon

Klaus Vedfelt | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with ...

Fuel hits new high as oil and Aussie dollar diverge

Fuel hits new high as oil and Aussie dollar diverge

Mickey Vernon

Australians are paying more than ever at the fuel bowser as a weak Australian dollar collides with rising crude prices, ...