Lower-income customers aren’t finding much value in the menu at McDonald’s these days. Traffic dropped “nearly double digits” industry-wide among this demographic, chief executive Christopher Kempczinski told investors Wednesday during the fast-food giant’s third-quarter earnings call.

The Trump administration faces a new challenge in the battle over food assistance benefits amid a federal funding lapse — a lawsuit filed by recipients who say they’re in danger of going hungry.

The British pound declined against a strengthening U.S. dollar on Friday and was on track for a weekly loss of around 0.7% as UK manufacturing growth hit a 13-month low, while U.S. job growth continued at a brisk clip last month.

"Due to the limited availability of Federal funding and orders from two Federal courts, the Food and Nutrition Service (FNS) is reducing SNAP maximum allotments to 50 percent," the USDA said, adding that states should "take immediate action" to implement the new plan.

Japanese Finance Minister Satsuki Katayama issued another set of verbal warnings on currency movements, reiterating a strong sense of urgency, as the markets grow more alert to the risk of government intervention down the line.

LVHD offers a 3.3% dividend yield, outpacing most peers, but its total returns and Sharpe ratio have lagged the broader market. Read more on LVHD ETF here.

P resident Donald Trump falsely claimed Wednesday that gasoline prices have fallen to their lowest point in 20 years, contradicting data from multiple sources showing current costs are above what they were in 2005. Trump, who spoke at the America Business Forum in Miami, said “gasoline prices have plummeted to the lowest in two decades.”

Just 28 homes out of every 1,000 in the US changed hands so far this year, the lowest turnover rate the housing market has seen in decades.