Xavier Lorenzo | Moment | Getty Images As many Americans see higher tax refunds this season, some are facing payment delays amid the IRS push to phase out paper checks. House Ways and Means Committee Democrats this week sent a letter to Treasury Secretary and acting IRS Commissioner Scott Bessent, seeking answers about the more…
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…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After…
After the Supreme Court struck down a large portion of President Donald Trump’s tariff agenda last month, the possibility of getting tariff dividend checks was seemingly discarded too, experts said. “Tariff dividends were a long shot from the beginning,” certified financial planner Stephen Kates, a financial analyst at Bankrate, told CNBC at the time. Any such broad-based benefit program would…
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the Strait of Hormuz passage has significantly disrupted the global supply chain, affecting goods from fertilizers to metals to gas and fuel. The passage is a critical point, funneling tens of millions of barrels of oil daily along…
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for their portfolios, but 2026 looks different to the 1970s for several reasons. Back then, a spike in oil prices…
Ariel Skelley | Digitalvision | Getty Images Potential homebuyers who’ve been looking forward to the spring selling season may be watching with trepidation as interest rates on mortgages tick higher. As of Thursday, the average rate for a 30-year fixed-rate mortgage with a conforming loan balance — that is, $832,750 or less — was 6.35%,…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After…
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…
Dia Dipasupil | Getty Images Entertainment | Getty Images 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. America’s top 50 philanthropists gave a whopping $22.4 billion to charity in 2025, according…