The next big thing in coffee? Olive oil. Starbucks is launching Oleato — a new line of coffee including an oatmilk latte and cold brew infused with extra-virgin olive oil. Arriving in Italy this week — then in the US in the spring. Starbucks expects it to be a significant part of their syrups, foams…
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How does the Consumer Discretionary Sector perform during and after recessions?
The Consumer Discretionary Sector is one sector many of us are familiar with — with some of us being a little too exposed. These industries have performed poorly in 2022 — but here’s some good news: the sector has a history of outperforming when coming out of past recessions. In case you didn’t know The…
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McDonald’s exits Russia but keeps its options open
Big Macs may be inflation-resistant, but recession-resistant is what’s needed to get through the next year. Like many others, McDonald’s (NYSE:MCD) has exited from Russia — selling its Russian restaurants to Alexander Govor, an existing franchisee. The new yet-to-be-named chain — which doesn’t have the right to use McDonald’s branding — offers a smaller menu…
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