The Russian-owned fast-food chain that will replace McDonald's in Russia opened the doors to its first restaurants in Moscow on Sunday, AP reported.
Catch up quick: McDonald's temporarily closed its Russian stores in March in the wake of Russia's unprovoked invasion of Ukraine. In May, the fast-food giant announced that it would sell its Russian businesses to a local buyer and exit the country.
We're encountering lots more robots in our daily lives — delivering our food, pouring our drinks, mowing our lawns — but they're just a small glimpse of what's to come.
Why it matters: As brainy machines take over tasks as diverse as chopping vegetables, driving trucks and assisting the elderly, the human labor force will see major shifts in what jobs are needed.
Listen to most experts, and you’d think the economy is going up in flames. In fact, tens of millions of U.S. households are thriving more than in decades.
Why it matters: High gas prices, stock market volatility and inflation are hiding the reality that the economy is working for a huge swath of Americans — and has richly bolstered their nest eggs.
The Wall Street Journal on Monday will unveil a brand new commerce website called "Buy Side from WSJ," featuring hundreds of reviews for various consumer goods and personal finance products.
Why it matters: Unlike The Journal's news site, Buy Side will remain free, helping The Journal attract new audiences, while also bringing in new types of revenue.
People in search of tampons and other period products are finding sparsely stocked store shelves and higher prices, CNN reports.
Driving the news: Popular retailers CVS and Walgreens, as well as major manufacturer Proctor & Gamble, acknowledged a shortage of tampons and other period products and said they are working to meet consumer demand as soon as possible, per CNN.
Why it matters: Gas prices are key inflation indicators to the American public, and their persistent climb is a headwind for both consumer spending — as gas bills eat into household budgets — and politicians hoping to stay in power, writes Axios' Matt Phillips.
Roughly 20 million people watched live coverage of the first Jan. 6 House committee hearing on television in primetime Thursday evening, per Nielsen.
Why it matters: More people tuned into the hearing than on the first day of former President Trump's first impeachment trial in November 2019 (13 million) and the first day of his second impeachment trial in February 2021 (11 million).
