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CosMc’s is Closing, as McDonald’s Pulls The Plug in Chicago and Texas newsthirst.

McDonald’s is pulling the plug on CosMc’s, the fast-food giant’s beverage-focused experiment that debuted in December 2023 in suburban Chicago. The move will surely sadden fans of the hyper-sweet drinks peddled from that location and CosMc’s four other locations in Texas. The first CosMc’s, a repurposed Boston Market in Bolingbrook — about a 45-minute drive…

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Trump tariffs could cause summer economic slump: Chicago Fed president newsthirst.

Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in anticipation of President Donald Trump’s tariffs. The sudden buying binge could cause an “artificially high” level of economic activity, said Federal Reserve Bank of Chicago President Austan Goolsbee. “That kind of preemptive purchasing is probably…

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