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Treasury Secretary Scott Bessent criticized Economist Robert Reich ‘s analysis, arguing that McDonald’s Corporation (NYSE: MCD ) issues are not due to structural inequality but rather competition from rivals like Burger King, whose parent company is Restaurant Brands International Inc. (NYSE: QSR ). Bessent’s post on X
US Foods Holding Corp. (NYSE: USFD ) shares rose to a 52-week high on Thursday after the company reported strong second quarter earnings results. Adjusted EPS of $1.44, beat the analyst estimates of $1.36. Revenue rose 4.5% year over year (Y/Y) to $10.53 billion, topping the consensus estimate of $10.46 billion. Earnin