American fast-casual restaurant chain known for bowls, burritos and made-to-order meals
Shifting consumer behavior amid rising restaurant prices shows grocery prepared foods gaining ground as a substitute for dining out. Chains report softer sales in March as gas prices spike, while some offer value promotions to attract budget-minded customers.
The government has released June employment data showing payrolls rising by 57,000, far below forecasts, while the unemployment rate edges down to 4.2%. The labor force participation rate has fallen, highlighting a shift in the job market as fewer people are seeking work. Revisions to May and April data point to a softer hiring pace than previously thought.
Trump Accounts are launching with a $1,000 federal seed for babies born 2025–2028, with philanthropic and employer contributions expanding the program. Morningstar warns outcomes depend on ongoing contributions and owner behavior; leakage could erode gains. Companies pledge to match and push auto-enrollment to broaden reach.
Grocery stores are expanding ready-to-eat options even as beef and other staples stay pricey. Consumers are shifting toward grocery-prepared meals and value, while drive-thru traffic remains under pressure and overall restaurant traffic softens.
Chipotle Mexican Grill has opened its first restaurant in Mexico, in Monterrey’s San Pedro Garza García, marking a milestone in its international expansion with plans to open 350–370 more locations this year and a rollout to Mexico City in 2027, in partnership with Alsea.
Chipotle has removed jalapeños from restaurants after public health officials have linked a Salmonella Javiana outbreak to jalapeños served at multiple Mexican‑style restaurants. Minnesota has identified 110 cases tied to the outbreak; the FDA has opened an active investigation and has started sampling but has not issued a recall. Chipotle says it has replaced the peppers from different growers.
The cyclosporiasis outbreak linked to shredded iceberg lettuce from central Mexico has expanded to additional states. FDA tracebacks identify Taylor Farms de Mexico as a key supplier; Taco Bell has removed affected lettuce and recalls are ongoing. Public health officials warn consumers and stress washing and cooking precautions where relevant.
The CDC and FDA have tied a cyclosporiasis outbreak to iceberg lettuce from a Mexican supplier. Taco Bell and other chains have removed affected lettuce as the investigation continues; about 7,000 cases have been reported across 34 states.
The cyclosporiasis outbreak linked to iceberg lettuce supplied to Taco Bell has cited thousands of cases across multiple states, with Ohio and Michigan at the forefront as lawsuits and recalls unfold. Authorities have warned against lettuce from Taylor Farms while investigations determine the outbreak’s precise source.
Renewed US–Iran strikes and a US naval blockade have pushed oil above $90 a barrel and cut tanker traffic through the Strait of Hormuz. Shipping, insurance and refining costs have surged faster than crude, lifting diesel and jet-fuel premiums and pushing US pump prices toward $4 a gallon; analysts warn sustained disruption will force further price rises.
The Federal Reserve has held its policy rate, with investors pushing yields higher amid concerns about inflation. Markets are signaling a harder path ahead, with oil prices rising and equities correcting after recent swings.
Global stocks rally after several earnings surprises push the S&P 500 above 7,700, a fresh intraday record. Palantir surges on forecast-beating revenue; Dow and Nasdaq also hit records as oil prices slip on supply optimism. The market shows resilience despite geopolitical tensions.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
The multistate Salmonella Javiana outbreak has been traced to jalapeño peppers from Sinaloa, Mexico, distributed by Coast Citrus Distributors. The outbreak spans 27 states with 345 infections and 36 hospitalizations; Chipotle and Qdoba have removed the peppers from affected restaurants. Health officials say there is no ongoing risk after product removal. The CDC, FDA, and Coast Citrus are coordinating recalls and investigations.
The multistate outbreak linked to jalapeño peppers imported from Mexico has sickened 345 people across 27 states, mainly in Minnesota and Colorado. Coast Citrus Distributors has recalled the peppers and notified customers; Chipotle and Qdoba have removed jalapeños from some or all locations. The FDA and CDC say the investigation is ongoing and no deaths have been reported. Hospitalizations total 36.
The cyclospora outbreak linked to iceberg lettuce has weighed on U.S. salad chains and suppliers. Sweetgreen and Salad and Go have cut outlooks or filed for bankruptcy amid consumer fears, while Taco Bell is recovering from earlier sales shocks. Recall activity spans Mexico and 27 U.S. states, with health officials tracking the outbreak across the country.
A heated online clash over a $20 burrito reflects growing concerns about inflation and living costs. Conservative figures have traded barbs on X after Turning Point USA highlighted a student’s comment, drawing responses from Marc Thiessen and Vice President JD Vance. The exchange unfolds as voters label affordability a top issue ahead of the midterms.
Taylor Farms has pulled jalapeño-containing products across 26 states after Coast Citrus Distributors recalled peppers tied to a Salmonella outbreak that has sickened 345 people in 27 states. The recall follows a Cyclospora outbreak linked to iceberg lettuce. Authorities say refunds are available and consumers should discard affected items.
Taylor Farms has recalled iceberg lettuce and multiple jalapeño-containing products after federal investigators have linked its supply chain to large cyclospora and salmonella outbreaks. The FDA and CDC are investigating; retailers and restaurants have pulled affected items, Michigan has reported the most cyclosporiasis cases, and the company has suspended sourcing from implicated growers.