show video detail
Why Fast Food Has Gotten So Expensive
- Published_at:2024-05-05
- Category:News & Politics
- Channel:CNBC
- tags: fast food McDonald’s Wendy’s Shake Shack Burger King Taco Bell KFC Pizza Hut Chipotle CPI labor quick service limited service big mac mcdonalds prices fast food prices breaking news us inflation stock market food prices fast food expensive burger king chili's mcdonalds fast food prices in usa fast food prices are out of control fast food prices going up fast food prices rising fast food prices too high
- description: Prices at limited-service restaurants including Wendy's, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service restaurants and overall inflation, according to the U.S. Bureau of Labor Statistics. Experts say rising labor costs are the main culprit. McDonald's underwhelming first-quarter 2024 earnings results are one example of a fast-food giant feeling the repercussions of its soaring prices. Watch the video to learn more. Chapters: 0:00 Introduction 4:30 Rising costs 6:05 Looking ahead Produced and Shot by: Ryan Baker Camera by: Natalie Rice Edited by: Evan Lee Miller Animation: Jason Reginato and Christina Locopo Supervising Producer: Jeniece Pettitt Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images, Burger King, Chili’s, Subway » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today: https://cnb.cx/3Iwblnk Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Fast Food Has Gotten So Expensive
| ranked in date | views | likes | Comments | ranked in country (#position) |
|---|---|---|---|---|
| 2024-05-07 | 992,473 | 13,561 | 6,180 |
( ,#24)
( ,#28)
( ,#14)
( ,#24)
|
