McDonald’s sales rise as chain reaps rewards for cheap meals push
Fast food group beat expectations but record US ground beef prices threaten margins
Fast food group beat expectations but record US ground beef prices threaten margins

Fast-food hamburger chain uses promotions and value menu items to boost sales

Fast-food chain points to weaker inflation-adjusted incomes and sentiment among lower-income households

Affordability has emerged as a top concern as economic uncertainty limits household budgets

Restaurants have raised prices to offset rising labour and ingredient costs, leading low-income customers to visit less often

Americans are increasingly eating at home as they fret about job security and stubbornly high prices

Lack of guidance on how to handle change leaves eateries on the edge in a business with razor-thin margins