Last week, America’s three biggest burger chains competed over not how big their burgers are, but instead, how their CEOs eat burgers. We admit we also clocked the teeny-tiny bite McDonald’s CEO took of the new Big Arch, calling it a “delicious product,” when we first watched his video, but who knew that the CEOs of Wendy’s and Burger King would pile on? Despite their CEOs’ possibly superior burger-biting skills, McDonald’s is still way ahead of the competition when it comes to sales.
The S&P 500, Nasdaq 100, and Russell 2000 sank on Friday as oil prices continued to climb, with the Qatari energy minister warning of a potential spike to $150 a barrel within two to three weeks if tankers cannot safely pass through the Strait of Hormuz. The February jobs report posted a big negative surprise, as the US lost 92,000 jobs, whereas analysts had expected a gain of 55,000.
