New York City mayoral candidate Zohran Mamdani's $30 minimum wage plan could lead to employers replacing lower-skilled workers with automated tools like self-serve kiosks.
Fast-food giant McDonald's launches Extra Value Meals offering 15% discounts on meal bundles, which industry experts say could trigger competitor responses.
Trump's no tax on tips policy covers eight industry categories including food service, entertainment, hospitality and personal services under the One Big Beautiful Bill Act.
Constellation Brands cuts fiscal year outlook as the importer of Corona and Modelo faces declining beer sales amid challenging economic conditions and weak consumer demand.
Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of economists voice support.
The retail giant's new "Executive Member Shopping Hours" policy gives top-tier premium subscribers private shopping time before stores open to other members.