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Morning Business Outlook: 1/2/13
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Wendy's set to raise some menu prices
- Duration 1:08
- Date Jan 3, 2013
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Wendy's set to raise some menu prices
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Good morning the first trading day at the new year saw the Dow's biggest point gain in a year -- 308.
Points all three indices here gained at least 2% in the stock market rally that went global thanks to the budget deal struck by US lawmakers.
That euphoria likely to fade today but not for automakers the auto industry is expected to see sales -- fifteen million this year.
That led by big pick -- trucks and more new models.
Sales in the fifteen million range signify a healthy market and the last time the auto sales topped fifteen million before the recession.
Wendy's is raising some menu prices the fast food chain has beefed up its news value menu called right price right size.
-- -- cost between 99 cents and a dollar 99.
Wendy's is responding to higher meat and cheese prices burger king and McDonald's have done the same.
And Starbucks now selling a one dollar reusable plastic cup customers can get a -- discount.
Every time they bring in the cops for refills.
-- business for more on the day's economic news -- on foxbusiness.com.
In new York -- -- community.