Chris Kempczinski, McDonald's Chief Executive, stated that the company would focus on new restaurant openings to fuel growth. The Covid-19 Omicron variant caused a decrease in restaurant sales last winter, but recent consumer surveys show that diners are now less concerned about the health consequences of eating out. ‍Wendy's Co. said earlier this month that it expected U.S. same-store sales for the three months ended Jan. 1 to be up nearly 6% from a year earlier. This would represent a significant increase from the company's previous projections.

The arthritis therapy Humira is set to face its first competition in the U.S. from a near-identical copycat. This will bring an end to the exclusive run of what was for years the country’s biggest-selling drug. After twenty years of patent protection and over $135 billion in sales in the United States, Humira will soon be facing competition from a nearly identical product from Amgen Inc.‍

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting.

Memory chip prices have been falling steeply over the past year, and they are expected to continue falling in the first half of 2023.

Almost three years after the Covid-19 pandemic caused widespread job losses, unemployment has recovered to near-historic lows.