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McDonald's hopes new breakfast items will draw more customers to the golden arches.The company announced Tuesday that it would expand its breakfast menu. The new items, along with local deals and low prices, should help "win back customers at breakfast," said CFO Kevin Ozan during a call with analysts.With the new items, McDonald's is aiming to reverse a troubling trend: American customers are eating elsewhere.Sales in the United States grew by 2.4% in the third quarter, but that was mostly because people spent more. The number of American customers declined.Over the past couple of years, McDonald's (MCD) has tried a number of different strategies to boost its US business. It put self-order kiosks in restaurants. It added new menu items. And McDonald's added delivery.That helped boost sales among existing customers. But those initiatives, part of a massive effort to modernize its US restaurants, haven't helped McDonald's hold on to existing customers or bring in new ones.The company believes a revamped breakfast menu could help."It's very competitive out there at breakfast," said CEO Stephen Easterbrook. "We're still losing a little share ... it continues to be a battleground," he said. "We want to do better at breakfast."McDonald's didn't offer details on what the new items will be.In recent years, Taco Bell has found success with its breakfast offerings. The chain started serving breakfast in 2014 and now sells items like the naked egg taco, which has a fried egg for a shell. Dunkin' (DNKN), which offers a two-sandwich deal for breakfast, has also done well in the morning.Competitors have upped their game and McDonald's may have "lost a little bit of ground" on breakfast over the past few years, said Morningstar analyst R.J. Hottovy.McDonald's has already made some changes that may entice new US customers. It added coffee and  breakfast sandwiches at some locations. Easterbrook said it's too soon to tell whether those efforts are paying off.Hottovy thinks that McDonald's has a good shot at turning around its fortune."With a little bit of focus," he said, McDonald's "can get right back in.""They've gotten better about product innovation," Hottovy added. Customers responded enthusiastically to McDonald's new buttermilk crispy chicken tenders. That could bode well for the company's new breakfast item.Although McDonald's is struggling to win over customers for breakfast, it has used its popular breakfast items to drive growth in the past. Sales surged after McDonald's launched its all-day breakfast menu in 2015. 2628

Lumber stocks are at a historic high. We haven't seen these numbers since the 2008 housing boom and then crash. Experts say that's in part because of the housing market and record low mortgage rates.2020, the unprecedented year where nothing goes as expected, has brought us what realtors call a "sellers' market"."There’s plenty of buyers in the marketplace, but not enough supply so what we are seeing is multiple offers happening frequently on mid-price homes. So heavy competition in the marketplace.” Dr. Lawrence Yun, chief economist for the National Association of Realtors, said.The country's largest trade organization has 1.4 million members who help people buy and sell homes. Dr. Yun says the nation's housing market has even surpassed pre-pandemic sales. He attributes a lot of that to low mortgage rates and people realizing that working from home means they need more room.“Because of the strong demand for housing and we have a shortage of homes in the marketplace, so whatever home builders build, they can find a buyer so they build more homes. But one of the constraints is lack of construction workers along with the material cost that goes into construction, such as lumber,” says Dr. Yun, who also pointed out the country's underproduction.“Home builders have been producing below historical average for 10 straight years and the cumulative effect of underproduction is we don’t have sufficient inventory and that is the reason why home prices are rising and we need to build more homes to get into balance,” added Dr. Yun.Which is why, Laura Gonzalez, associate professor of Finance at California State University Long Beach, says we're experiencing a supply and demand situation when it comes to wood.“We just don’t have enough wood,” Gonzalez said. “It's difficult to make it ready and then transport it because of the pandemic. It's not that the industry is changing its just that we have had a shift both in supply and demand.”Gonzalez also says it's the basic equation of high demand meaning lower supply, which sends prices up and stocks soaring. Then there's the factor of where our wood comes from. She says, “We import some of our lumber from Canada both from lumber and other products. If we depend on other nations, we are more susceptible to changes in supply.”So, what comes next?“The issue of supply versus demand is going to correct in two years, but the opportunities for climate finance are ongoing that is not going to finish,” Gonzalez said.Which is why Dr. Yun says home prices will hold firm, and if you're waiting for a ‘burst’ or for prices to decrease, you might be waiting a while.“In future years, mortgage rate will certainly rise and that will choke off some of the demand, but hopefully we have adequate supply so we have a more balanced market condition where prices rise in manageable, 3-4% each year and people will feel comfortable at that rate of price appreciation,” says Dr. Yun.Dr. Yun recommends if you want or need to buy, don't overstretch your budget as the competition is fierce out there. If you want to sell, don't get greedy and overprice because your home will get stuck on the market. It's yet another aspect to this odd year that has brough the unexpected to us all. 3245

Many Americans have been working from home for months now and students have also been attending class from home.Your make-shift office or classroom may not be that comfortable.Some common complaints may include pain in the neck, shoulders, wrist, forearm, lower back, hips and legs.Physical therapists say if the family is sharing one workspace, it's important it can be adjusted.“You’d like to have a chair that matches the size of the person,” said Michelle Despres, a physical therapy expert. “It should have some adjustability. It should have some variability in what the chair can do. It should provide support for the lower back. It should have support for your legs. You should be able to put your feet flat on the floor and your thighs should be parallel to the floor.”If you're not looking to buy a desk or chair, you can still adjust by using books as a footrest.It's also important your computer setup is comfortable. If you can, try to use a monitor, or an external keyboard and mouse pad.If you are going to buy one thing for your workspace, Despres says a chair is a great investment.“Maybe, if you make one purchase, then probably the chair is the best purchase,” said Despres. “That's something that you can raise and lower. That's something that can adjust the back. You can go to the stores and sit in the chairs, try them out, adjust the arms.”You should be stretching as often as you can. If you're constantly sitting, make sure to stand often. Try to walk around. stretch your wrists or heel raises to get your blood moving.While you're sitting, make sure your shoulders are relaxed and not shrugging. 1630

Michael Jordan has long been associated with the game of basketball, first as a six-time NBA champion with the Chicago Bulls, and currently the owner of the Charlotte Bobcats.You can now call him a NASCAR team owner.Denny Hamlin announced a partnership on Monday with Jordan as the two will form a single-car team featuring Bubba Wallace who will drive the team’s lone car. The team will begin operations in 2021.Hamlin will continue driving for Joe Gibbs Racing.“Bubba has shown tremendous improvement since joining the Cup Series and we believe he's ready to take his career to a higher level,” Hamlin said. “He deserves the opportunity to compete for race wins and our team will make sure he has the resources to do just that. Off the track, Bubba has been a loud voice for change in our sport and our country. MJ and I support him fully in those efforts and stand beside him.”Wallace became a newsmaker over the summer when a noose was discovered by NASCAR officials in his garage. NASCAR later announced that it believed that Wallace was not the target of a hate crime after investigating the origins of the noose, adding that the noose had been hanging in the garage’s stall for several months.Drivers and crew members stood in solidarity with Wallace following the incident. Fellow drivers pushed Wallace’s car to the front of the field moments before a race in June got underway.Wallace became the first Black full-time NASCAR Cup Series driver in 2018 in more than four decades. He instantly found success as a full-time driver, finishing as the runner-up of the 2018 Daytona 500.Wallace has been a vocal opponent of the use of Confederate flags at NASCAR events. During the summer, while the US debated the use of Confederate symbols, NASCAR announced it would be removing all Confederate symbols from raceways. 1829

MARINA DEL REY, Calif. (CNS) -- Assemblywoman Autumn Burke, D-Marina del Rey, announced Monday she has tested positive for the coronavirus after apparently being exposed while the Legislature was reviewing the state budget.Her positive test led to a closure of the state Capitol in Sacramento so the Assembly offices could be thoroughly cleaned and sanitized."On July 3rd I received a call from the Assembly Human Resources Department that I had a 'mask to mask' exposure to COVID-19 on June 26th," Burke wrote on her Twitter page. "I was tested on the morning of July 4th and received my results in the evening that I had tested positive for the coronavirus."Currently my daughter and I have no symptoms, but will be remaining in quarantine until released by a doctor," she wrote. "Thank you to everyone who has reached out with well wishes. We are fine but it is of the utmost importance that everyone stay safe, be healthy & remain vigilant."The Los Angeles Times reported that four other people who work in the Capitol had also tested positive, and the building will be closed for a week.A spokesman for Assembly Speaker Anthony Rendon, D-Lakewood, told The Times there were five confirmed cases of coronavirus in the Assembly, but he declined to identify the other patients or say if they were elected officials or staffers.The state Assembly and Senate are both on recess this week. 1400

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