Save Money / Consumer News
McDonald's forecasts higher food prices
LOS ANGELES (KABC) -- McDonald's said it's expecting to pay more for beef, dairy and other items and that it would cautiously raise prices for its customers.
McDonald's stock fell 1.5 percent after it made the announcement on Thursday.
Meanwhile, analysts said high gas prices could force fast-food restaurant patrons to cut back.
economy, food, save money / consumer news
- Car crashes into OC yard; 2 killed, 1 injured
- 6.9-magnitude earthquake hits NorCal coast
- 3 attacked by bees in La Canada Flintridge
- Searchers cannot find object from missing jet
- Stage collapses at OC high school; 25 injured
- Compton shootings leave 2 dead within hours
- Pedestrians fatally struck in Norwalk ID'd
- 2 SoCal hikers die amid record-breaking heat
- State oversight may tame California pot shops
- Car bomb attack kills at least 42 in Iraq
- abcnews: Skydiver collides with plane in Fla.
- Ukraine won't budge '1 centimeter' from land
- '300' sequel rules box office w/ $45.1M debut
- Photos: 'Revenge's Emily VanCamp: 15 Sexiest Looks