A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Washington state’s proposed new income tax includes the largest “marriage penalty” in the nation, placing higher taxes on certain couples who file jointly,…
Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks Workers United presented the company with a comprehensive proposed contract last month, the…
My top 10 things to watch Monday, March 9 1. No end in sight to Iran war: Oil is surging again this morning, with both U.S. benchmark WTI and global standard Brent trading in the low-to-mid $100s a barrel. The Financial Times reported that G7 officials are discussing tapping their strategic oil reserves, which helped…
On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen…
More companies are leaning into “peanut butter” pay increases this year, according to Payscale’s Pay Increase Preview Report. The term refers to across-the board raises “that are even and spread thinly, like peanut butter would be on a sandwich,” according to career coach Colleen Paulson. About half — 48% — of surveyed organizations said that…
The Club’s top 10 things to watch Friday, Feb. 13 — Today’s newsletter was written by Jeff Marks , the Club’s director of portfolio analysis. 1. Stock futures are little changed this morning after the January consumer price index report came in slightly cooler than expected. CPI rose 2.4% year over year, down from 2.7%…
Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP) speaks to the media at the LDP headquarters on general election day in Tokyo, Japan, Feb. 8, 2026. Kim Kyung-Hoon | Anadolu | Getty Images Japan’s Sanae Takaichi and her ruling Liberal Democratic Party secured an overwhelming mandate in Sunday’s election, sweeping…
The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks…
Starbucks is back — at least, that’s what executives said at the company’s investor presentation in New York City on Thursday. “Starbucks is back today,” Chief Brand Officer Tressie Lieberman said. “One in three consumers say that Starbucks is their first choice for coffee or tea away from home.” Her proclamation comes more than a…
People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per…
