Investor Kevin Simpson picks 5 dividend-paying stocks to survive high inflation

With the market still tumultuous as investors react to recessionary concerns, one investor recommends a plain-yet-trusted move: high-dividend growth stocks. Wednesday brought choppy waters as the three major averages slipped, recovered, and then ultimately ended the session with small losses. It marked a turn from two days of a relief rally that came earlier in … Read more

McDonald’s rejects franchise owners’ request to delay big changes, letter says

A customer places an order September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated standards and adjustments to how … Read more

Chipotle Mexican Grill will test robotic tortilla chip maker

Chipotle is testing out an autonomous kitchen assistant, Chippy, which offers a robotic solution for making chips in restaurants. Courtesy: Chipotle Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test “Chippy,” an autonomous kitchen assistant made by Miso Robotics, … Read more

TikTok creators are calling out businesses on ‘shrinkflation’

Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack has decreased in size, even though the packaging looks the same. Hunter Jarratt Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack … Read more

Premium products take priority as companies battle cost-of-living

“As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri told CNBC’s “Squawk Box” on Aug. 3. Gary Hershorn / Contributor / Getty Images Personalized coffees, “prestige” skincare and “elevated” sauces and spreads … Read more

Rivian, Teladoc, Bed Bath & Beyond, Walmart

Here are Friday’s biggest calls on Wall Street: DA Davidson initiates Teladoc as buy DA Davidson said it sees upside for the telehealth company. “COVID created unprecedented tailwinds for the market, which turned into headwinds; we believe we are now at stable to growing penetration rates for telehealth, and that Teladoc is well-positioned to continue … Read more

Wall Street deciphers US consumer health and names stocks it likes

The US Federal Reserve has hiked interest rates by 225 basis points so far this year, with more potentially on the cards. One indicator that’s likely to feature prominently in the Fed’s thinking as it weighs the scale of further hikes is the strength of the consumer. It plays a pivotal role in the Fed’s … Read more

Burger King parent says more customers are redeeming coupons and loyalty rewards

A Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images More customers at Burger King and its sister brands are redeeming coupons and loyalty program rewards as inflation pushes menu prices higher. Restaurant Brands International CEO Jose Cil told CNBC that the company hasn’t seen … Read more

Starbucks (SBUX) Q3 2022 earnings

Starbucks is expected to report its fiscal third-quarter earnings after the bell Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 75 cents expected Revenue: $8.11 trillion expected The coffee giant suspended its fiscal 2022 outlook last quarter, citing the uncertainty caused by Covid lockdowns in China, the company’s second-largest … Read more

Barclays says these stocks can still thrive as consumers cut spending because of inflation

As inflation hits consumer spending, several stocks will not only weather the storm, but are poised to move higher, according to Barclays. The consumer-related names were chosen based on Barclays’ view that spending growth, once the key driver of economic expansion during Covid, is now fading to be ordinary, or worse. The firm also believes … Read more