Tag: confidence
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McDonald’s to ‘restore confidence’ after E. coli outbreak linked to Quarter Pounders, president says
The president of McDonald’s USA said Wednesday that the company can “restore confidence” as it seeks to minimize the damage from an E. coli outbreak linked to the chain’s Quarter Pounders in multiple states. “We are very confident that you can go to McDonald’s and enjoy our classics. We took swift action yesterday to remove…
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Consumer confidence fell more than expected this month
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday. The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021. The Dow Jones consensus forecast was…