Burger prices are beefing up, and record low herd sizes are to blame
Update: 2024-09-27
Description
This is KCBS Radio's daily Tech and Business Report. Today, we're KCBS Radio news anchor Holly Quan spoke with Bloomberg's Deena Shanker.
Fast food restaurants have seen a drop in business due to higher prices. That has some companies fighting back by offering special deals to get customers back. McDonald's rolled out it's $5 value meal earlier this year, and a number of other chains followed suit.
But unfortunately, the days of the cheap hamburger may be numbered.
You can hear our Tech & Business report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.
Fast food restaurants have seen a drop in business due to higher prices. That has some companies fighting back by offering special deals to get customers back. McDonald's rolled out it's $5 value meal earlier this year, and a number of other chains followed suit.
But unfortunately, the days of the cheap hamburger may be numbered.
You can hear our Tech & Business report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.
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