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News@lemmy.world · 13 days ago

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

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McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

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News@lemmy.world · 13 days ago

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

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12 days ago
Good my ass, my family is making $125,000 a year together and it’s still paycheck to paycheck.

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