Published July 03, 2014
A security fee may send airfare prices soaring, and a Consumer Reports survey takes a bite out of fast-food chains.
On the last trading day of the week, Wall Street is focused on jobs -- released a day earlier because of the Fourth of July holiday. Non-farm employment rose by 288,000 jobs last month, while economists expected an increase of 212,000 jobs.
Get ready to pay more for taking a plane ride. Beginning July 21, a security fee that helps fund the Transportation Security Administration will more than double on many new tickets sold. This means the fee on a basic domestic non-stop round-trip ticket will go to $11.20 from $5.
A new survey may be hard to swallow for some of the biggest fast-food restaurants. The results of a Consumer Reports poll showed McDonald’s (MCD) makes the worst burgers, KFC offers the worst chicken and Taco Bell sells the worst burritos. Yum! Brands (YUM) is the parent company of both KFC and Taco Bell.
The survey also highlighted that younger adults are more concerned with food quality than low prices.