Economy

Starbucks to Award Bonuses to Baristas, Expand Tipping to Promote Turnaround Efforts

Starbucks is in the middle of a turnaround focused on improving both the customer and employee experience.

Countries are rethinking retirement systems

By 2050, there will be 52 people aged 65 and over for every 100 working-age adults, increasing pressure on pension systems worldwide. Governments are responding by reshaping retirement systems — from shifting investment strategies to improving long-term sustainability. But progress is uneven, and where you live could have a significant impact on your retirement security.

'Ready to be exploited': amid rust, weeds and power cuts, Venezuelans hope for a new oil boom

The infrastructure is crumbling and the government shaky, but memories exist of an industry that once thrived off Venezuela’s vast reserves of crude – and could do again, despite the climate crisis

One year on from Trump's 'liberation day,' global investors are rethinking American exceptionalism

U.S. exceptionalism is "no longer automatic" among global investors, one market watcher told CNBC.

Gas prices: Now at $4.08 per gallon, rising more than $1 in last month

The national average price for regular gas increased again on Thursday, rising to $4.081 per gallon, according to AAA. It marks the fourth consecutive day gas prices have risen amid a trend of steadily rising gas prices since the second week of January.

Blue Owl caps private credit funds redemptions at 5% after steep request levels

Blue Owl attributed the higher-than-usual requests to "heightened market concerns around AI-related disruption to software companies."

Iran War Exposes Strategic Vulnerability in Fragile US Aluminum Supply Chain

The rapidly escalating conflict in Iran is already sending shockwaves through commodities markets, including aluminum — a strategic industrial material essential to civilian and military uses that the U.S. still largely sources from abroad. It’s a stark reminder of how quickly geopolitical instability can expose strategic vulnerabilities at home.

UK firms expect to raise prices more quickly as Iran war pushes up costs

Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year

More than half of World Cup countries face extra costs as Fifa fails to agree US tax deal

Fifa has not agreed tax exemption with US government

The US-Israel war on Iran is accelerating de-dollarization and America’s decline

De-dollarization promises to reorder the world, reducing American power globally

Young People Are Falling Behind, but Not Because of AI

The case that AI is already stealing young people’s jobs is based on a statistical mirage.

Trump’s Iran timeline may not be short enough to avoid oil demand destruction

Oil prices surged by more than 60% in March as the U.S.-Iran war raged on.