Plus: What food waste is costing us
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| May 11, 2026 |
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| We Spend Hundreds on Food We Throw Out. How to Cut Waste |
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By Debra Cope
Most of us accept that we’ll throw away some food (brown bananas, anyone?) But the average person wastes an estimated 256 pounds — $728 worth — each year. A family of four could cover all its household utility bills for eight months with that money.
Although food is wasted at every stage of the U.S. supply chain, almost half of it occurs right in our homes. Here’s how to stop the bleed. |
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| The World (Well, 179 Countries) Is Your Oyster |
| The U.S. passport gives Americans access to 179 countries, making it the 10th-most powerful passport in the world (tied with Iceland). Click here or below to use our interactive maps. |
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| WEEK AHEAD ON WALL STREET |
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| Gauging the War's Reach |
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By Mario Ismailanji
The past month or so has seen global markets dip lower only to rip even higher. Talk about some strenuous cardio. But with the calendar clearing up a bit, now might be the time for markets to catch their breath.
- The news: The earnings calendar slows to a trickle, leaving investors to focus on the consumer and wholesale inflation reports.
- The context: The Iran war has thrust global energy markets into chaos, tech stocks have surged on even greater AI enthusiasm, and the Federal Reserve is trying to balance all these competing uncertainties as it sets interest rate policy.
- Your move: Watch the core inflation readings, which strip out volatile food and energy prices. If these numbers show price pressure is spreading into other goods and services, expect bond yields to rise and stocks to struggle.
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Informed investment decisions start with informed investors. Here's what's making headlines:
🚘 Toyota (TM) said fallout from the U.S. war with Iran will cost it about $4.3 billion this financial year. The world's largest automaker reported an almost 50% drop in quarterly earnings and said full-year profit is likely to fall by roughly 20% amid higher material costs and delivery delays. (Reuters via Yahoo Finance)
🍟 McDonald’s (MCD) said its value meal strategy is paying off as customers facing higher gas prices look elsewhere to cut costs. “Thank God we’ve got that in place,” CEO Chris Kempczinski told investors last week. As the competition for cash-strapped customers intensifies, companies including Shake Shack (SHAK), Wingstop (WING), and Papa John’s (PZZA) have reported disappointing sales. (The Wall Street Journal)
🎮 Sony (SONY) forecast double-digit annual profit growth despite a spike in the cost of memory components needed for products like the PlayStation 5. Prices for computer memory have surged amid unprecedented demand from AI data centers. (CNBC) |
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| In addition to cash, philanthropists could end up being allowed to donate stock to Trump Accounts. (CNBC) |
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| The U.S. war in Iran has raised gas prices, but when — and how badly — could it reach the supermarket? (NPR) |
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| For the first time since World War II, the U.S. debt exceeds the country's gross domestic product. (CBS News) |
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| Intel, insights, and inspo for your money. |
| On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what’s important in this moment — and how it impacts your bottom line. We value your trust above all. |
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| Did you find today’s newsletter valuable? |
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