WASHINGTON (Reuters) - U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures.
China ordered nationwide spot checks on restaurants that sourced meat from a U.S.-owned Chinese supplier to McDonald's Corp. (MCD) and Yum!
Is it time to officially declare that Quarter-Pounders are out and burritos are in? On the heels of Chipotle's better-than-expected second quarter results - the fast-casual chain reported a 17% surge in same-store-sales - competitor McDonald's revealed ...
The next time someone tells you we will never fix bloated public pensions in this country, tell them about Detroit. Tell them about how workers and retirees there just approved a 4.5% cut in their pensions.
Some bodies of passengers were left in the fields of eastern Ukraine for days. (Source: CNN). By SERGEI CHUZHAVKOV and JOHN-THOR DAHLBURG Associated Press.