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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

Many fast food workers (specifically) got bumped to $20/hour, from $16, in April (the law is very specific about who is eligible for the increase). Over that decade, with its minimum wage rising, California’s fast food industry has bested the rest of the US by leaps and bounds. Our story began with a Wall St.

Food 306
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Why Hasn’t the California Globe Retracted Its Story?

The Big Picture

Right up top, we have the lede: Earlier in June, the Globe reported that California has lost just under 10,000 fast food jobs since the new $20 minimum wage for fast food employees was first signed into law late last year, according to the California Business and Industrial Alliance (CABIA). Baby steps. No, dear reader. They have not.

Food 338
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Seattle Redux: Misunderstanding Seasonal Adjustments

The Big Picture

What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that the city’s heralded food scene is running scared.

Food 336
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Saturday links: communities coming together

Abnormal Returns

bakadesuyo.com) Numbers are persuasive up to a point. wsj.com) Food Egg producers are rapidly transitioning to cage-free operations. fooddive.com) The success story that is Siete Foods. npr.org) The math on farmed fish doesn't work. (wired.com) What happens when a connected device is no longer supported.

Food 278
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10 Friday AM Reads

The Big Picture

Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. A flair for comfort food is understandably a requisite skill for any chef working in this environment. (

Math 290
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Transcript: Albert Wenger

The Big Picture

Let’s talk about a couple of companies you invested in because I’m picking up a theme there, Meatable, Terra, Living Carbon, Marvel Fusion, Legendary Food, climate sustainability impact investing. WENGER: No, we’ve definitely always been disciplined on valuation, and we’ve let a number of things go.

Valuation 305
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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

Math errors: Simple addition and subtraction mistakes can delay your return. Consider using electronic filing software that does the math automatically to avoid mistakes. Giving an incorrect account number can delay your refund even further. Masticating juicers “chew” the food and are slower. What is it?