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Customers Slow Spending at Starbucks, McDonald's, Pizza Hut
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Customers Slow Spending at Starbucks, McDonald’s, Pizza Hut

In January, economists warned that customers would spend less at places like fast food chains as rising inflation drives up the prices of necessities — and earnings reports released this week show those predictions might have come true. McDonald’s, Starbucks, Pizza Hut, and KFC all reported lower-than-expected sales this week. “Clearly everybody’s fighting for fewer...