NOT SO APPETIZING
Wall Street anticipates another downbeat quarterly report card from McDonald’s.
The world’s largest burger chain is expected to report lower third-quarter earnings and revenue from a year earlier. That would echo the company’s results in the previous two quarters. McDonald’s has been trying to regain its footing during the pandemic, which left many of its dining rooms sparsely filled or empty, though drive-thrus continued to operate. McDonald’s serves up its latest quarterly results Monday.
JOB MARKET BELLWETHER
Economists expect that U.S. employers advertised slightly more jobs in September.
They project the Labor Department will report Tuesday that U.S. job postings rose to about 6.5 million in September, up from about 6.49 million in August. The number of job postings has been mostly rising since falling to just under 5 million in April, the lowest level since 2015, when much of the economy shut down.
JOLTS job openings, in millions, by month:
Sept. (est.) 6.50
Walt Disney delivers its latest quarterly results Thursday.
Analysts predict the media giant slid to a loss in its fiscal fourth quarter that ended in September. Disney has struggled this year amid a sharp decline in revenue as the pandemic led to theme park closures and the postponement of several of the company’s movies. To cope, Disney recently said it would reorganize its business to focus even more on Disney Plus, its video streaming service.
Send your news and stories to us firstname.lastname@example.org or email@example.com and WhatsApp: +447747873668.
Before you go...
Democratic norms are being stress-tested all over the world, and the past few years have thrown up all kinds of questions we didn't know needed clarifying – how long is too long for a parliamentary prorogation? How far should politicians be allowed to intervene in court cases? To monitor these issues as closely as we have in the past we need your support, so please consider donating to The Climax News Room.