Author: Press Room

McDonald’s customers are still “lovin’ it” despite cutting back on restaurant spending due to inflation.For the fiscal fourth quarter, McDonald’s reported earnings per share of $2.59 on $5.93 billion in revenue. That compares with earnings per share of $2.45 on $5.68 billion of revenue Wall Street expected, according to Refinitiv.The fast-food giant also reported an increase in customer visits to its domestic restaurants and a 10.3% uptick in U.S. sales, driven by higher menu prices and increased demand. Global same-store sales rose 12.6% in the quarter.”Overall, the consumer, whether it’s in Europe or in the U.S., is actually holding up…

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Blockchain newsBNB Chain unveiled the whitepaper for a new blockchain-based Web3 infrastructure, with a press release saying that its core team and a few community developer teams, including Amazon Web Services (AWS), NodeReal, and Blockdaemon have started working on BNB Greenfield already and aim to release a testnet in a few months. The whitepaper outlines the design of BNB Greenfield, a decentralized storage system with smart contract integrations for Web3 applications, which utilizes BNB as its native token and…

A new feature empowers users to provide in-depth feedback on product improvements and new features as Binance ramps up community participation in its ecosystem in 2023.PARIS, FRANCE, FEB 1 – Binance, the world’s leading cryptocurrency exchange, launches a new feature to gather and act upon user feedback in a long-lasting, dynamic fashion. The feedback tool introduces a dedicated area for users to provide feedback and comments, ranging from suggestions for product improvements to community ideas covering new features. The launch of the feedback tool marks the first phase of a multi-phase project. After months of testing and experimenting, the Binance product…

Democrats in the US House of Representatives issue a letter denouncing Peru’s deadly crackdown against protesters.A group of Democrats in the United States House of Representatives has urged the Biden administration to suspend all security assistance to Peru over a “pattern of repression” against antigovernment protests that has resulted in more than 50 civilian deaths. Their letter, a copy of which was shared with The Associated Press news agency, asked the Biden administration on Monday to halt its security assistance until the government can confirm that the crackdown in Peru has ended and the Peruvian officials responsible for human rights…

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Moyo Studio | E+ | Getty ImagesThe first Social Security check was issued 83 years ago. The check, for $22.54, went to retired legal secretary Ida May Fuller of Ludlow, Vermont.Today, in 2023, the average retirement benefit is $1,827 per month, according to the Social Security Administration.The maximum Social Security benefit for someone retiring at full retirement age is $3,627 per month. Full retirement age currently ranges from 66 to 67, based on date of birth.How much you collect in retirement is mostly based on how much you earn during your career.More from Personal Finance:Almost half of Americans think we’re…

Future fans? Reality stars from The Bachelorette, Jersey Shore and more shows are on the fence about letting their kids watch them on TV. After filming six seasons of MTV’s Jersey Shore, four of Snooki & JWoww and three of Jersey Shore: Family Vacation, Nicole “Snooki” Polizzi has led her children to believe that she is an actress. “I tell them that it’s not real,” the A Shore Thing author exclusively told Us Weekly of Lorenzo, Giovanna and Angelo in June 2021. “I’m just acting, like, I’m playing a role, that’s what they think. … I don’t think they’re ready…

Dominic Barton, a former ambassador and past director of consulting firm McKinsey, is set to face questions from members of Parliament amid concerns about the number of contracts it has received under the current Liberal government. Barton will appear before the House of Commons government operations and estimates committee at 4:30 p.m. ET, where he’ll be pressed about the 24 contracts worth $104.6 million that federal officials say have been awarded to McKinsey since Prime Minister Justin Trudeau’s government was elected in 2015.The committee is also reviewing contracts awarded to the firm since 2011, which includes those signed by the…

Financial data group Ion Markets has suffered a cyber attack that has affected parts of the vital financial plumbing that underlies the vast derivatives trading industry. The Dublin-based company said its cleared derivatives unit was hit by a “cyber security event” on Tuesday. It said the incident was “contained to a specific environment, all the affected servers are disconnected, and remediation of services is ongoing”.The cyber attack at Ion affected derivatives that trade on exchanges, according to the Futures Industry Association, which said on Wednesday it was working with clearing houses, trading platforms and regulators to assess the extent of…