The Big Mac Index: A Deliciously Simple, Yet Flawed, Indicator of Global Currency Valuation

The Big Mac Index: A Deliciously Simple, Yet Flawed, Indicator of Global Currency Valuation

For decades, the golden arches of McDonald’s have been a global beacon, signifying a familiar taste and a consistent product, no matter the continent. This ubiquity has given rise to a rather unconventional, yet surprisingly enduring, economic tool: the Big Mac Index. First conceived by The Economist in 1986, this index leverages the universally recognized […]


Wonder Secures $650 Million Series D as Marc Lore’s Food-Tech Vision Approaches $9 Billion Valuation

Wonder Secures $650 Million Series D as Marc Lore’s Food-Tech Vision Approaches $9 Billion Valuation

NEW YORK — In a move that underscores the intensifying intersection of Silicon Valley capital and the American culinary landscape, Wonder, the ambitious food-tech startup founded by serial entrepreneur Marc Lore, has officially closed a $650 million Series D funding round. The investment, announced Thursday, propels the company’s pre-money valuation to a staggering $9 billion, […]