McDonald's CEO says consumer spending could be 'getting a little bit worse'
Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

Maine Democratic Senate candidate Graham Platner is facing calls to drop out of the election following allegations of sexual assault by Jenny Racicot. Platner denies the claims. Allies like Bernie Sanders have urged him to step aside, potentially opening the door for other Democrats to replace him in the pivotal race against Republican Sen. Susan Collins.

Nigel Farage has resigned as an MP to recontest the Clacton seat in a bid to seize the initiative amid scrutiny over undeclared gifts and financial support. The move is framed as 'the people versus the establishment' and aims to trigger a by-election before Parliament's summer break.

Fifa has launched an investigation into alleged racist abuse involving American social media influencer IShowSpeed and a supporter during Argentina's 3-2 victory over Cape Verde. The incident reportedly occurred on July 3rd at the Hard Rock Stadium in Miami.

Aston Villa midfielder Amadou Onana has ruptured the ACL in his right knee during Belgium's World Cup match against the United States. The 24-year-old was substituted after 21 minutes and will likely be out for 6-9 months.

US President Donald Trump's arrival at the Nato summit in Ankara was marked by a ceremonial welcome from Turkish President Erdogan. However, Trump's comments on potentially taking Greenland and his criticism of allies' support during the Iran conflict disrupted the summit's image of unity.

The market shows a split, with the S&P 500 stable while the Nasdaq 100 falls due to AI chip stock selloffs. Amazon plans a $25B bond sale, its last for the year, amid AI investment funding. Microsoft is also reducing reliance on external AI models.