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Starbucks union sent the company a proposed contract. Here’s what baristas want
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 […]
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Amazon to hike price of ad-free Prime Video tier by $2 a month
Future Publishing | Future | Getty Images Amazon is bumping up the price of its ad-free Prime Video offering in the U.S. by $2 a month, the company announced Friday. The service will now cost $4.99 a month, up from $2.99 a month, starting April 10. As part of the price hike, Amazon is rebranding […]
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The stock market is getting very close to a point that would trigger a policy response, BofA’s Hartnett says
If the stock market drops much further from here, it’s likely to trigger a policy response from the White House and the Federal Reserve, Bank of America chief investment strategist Michael Hartnett said. The market has held up fairly well this year in the face of heightened headline risk. The S & P 500 has […]
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We’re buying more of this leading AI stock on this year’s undeserved pullback
Shortly after the opening bell, we will be buying 45 shares of Alphabet at roughly $307. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 300 shares of GOOGL, increasing its weighting to 2.4% from 2.04%. We are now able to pick up shares of Alphabet as we are no longer restricted from trading the […]
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Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday. Gross domestic product, a measure of all the goods and […]
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$100 oil, PCE data, MLB valuations and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. The U.S. launched 60 more trade investigations last night, as the Trump administration continues to look for ways to replace the president’s now-overturned duties. The new probes focus on forced labor trade practices. Stock futures are higher this morning after […]
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Palantir’s technology gives the West a critical edge in Middle East, CEO Alex Karp says
Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capacities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]
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Markets hopes for Fed interest rate cuts are rapidly fading away
Key Points As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders have taken even a September cut off the table and now see only one coming, in December. There are no additional cuts priced in until well into 2027 or even into the early part of […]
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Microsoft top Office executive Rajesh Jha retiring after more than 35 years
Rajesh Jha, executive vice president of experiences and devices at Microsoft Corp., speaks at the Microsoft Build event in Seattle, Washington, US, on Tuesday, May 21, 2024. The event allows attendees to grow their skills in topics such as building copilots, generative AI, securing applications, cloud platforms, and low-code. Chona Kasinger | Bloomberg | Getty […]
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Social media giants urged to tighten child safety after UK rejects blanket ban for teens
Photo: Jaromir Chalabala / Getty U.K. regulators are calling on social media giants to enforce stricter protection for children on their platforms after a blanket ban for under-16s was rejected by lawmakers. Online safety organizations Ofcom and the Information Commissioner’s Office said they had written to YouTube, TikTok, Facebook, Instagram, and Snapchat on Thursday, urging […]
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