New Papa John's CEO Plans to Pass on Meatless Craze
Newly-appointed Papa John's CEO Rob Lynch called out the ingredients used in meatless alternatives and says Papa John's wants to "keep it simple."
Lynch says the company already offers alternatives for vegetarians and even vegan customers. “We’re the only brand that has vegan dough,” said Lynch. “If you want vegan pizza, all you have to do is take the cheese off.”
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.