Many young people find it difficult to decide when to talk about salary in dating. Some say it is best to discuss money matters once a relationship becomes serious, while others believe financial habits should be discussed early on.
Key Facts
Talking about salary too early in dating can feel like judging someone’s money.
Some people, like Willa Morton, think knowing exact salaries is not necessary since spending habits reveal income levels.
Many interviewed say salary conversations happen when a couple becomes official or serious.
Vik Sunderaj believes asking about salary on a first date is inappropriate and could be a deal-breaker.
Bridget Shurdut says early salary questions are a warning sign, and she values ambition more than income.
Dating coach Kate Mansfield recommends discussing spending and saving styles early to understand compatibility.
Some couples, like Emily Moretta and her boyfriend, wait years and only talk about salary when planning to move in together.
The topic of money in relationships includes discussions about lifestyle, debt, generosity, and financial independence.
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Starbucks is considering buying Chipotle Mexican Grill, where CEO Brian Niccol used to work before joining Starbucks two years ago. The move comes as both companies face challenges like higher costs and changes in customer spending.
Key Facts
Starbucks has been talking to advisers about a possible takeover of Chipotle.
Brian Niccol, Starbucks CEO, led Chipotle before moving to Starbucks in 2024.
Chipotle's market value is about $39 billion; Starbucks is worth about $107 billion.
Starbucks has spent over $500 million to improve stores and staff since Niccol took charge.
Chipotle has seen fewer customers and higher costs, with shares dropping nearly 50% since Niccol left.
A deal could help Chipotle grow internationally by using Starbucks’ partnerships, especially in Europe.
Analysts warn the acquisition could be expensive and might distract Starbucks from its current efforts to improve profits.
Starbucks has shown sales growth recently but still needs to improve profit margins.
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Harvey Nichols will close its Birmingham store in January, leading to at least 60 job losses. The company’s Leeds and Bristol stores will change to the Flannels brand as part of a restructuring by Mike Ashley’s Frasers Group.
Key Facts
Harvey Nichols’ Birmingham store will close in January after 25 years.
At least 60 jobs will be lost due to the Birmingham closure.
Leeds and Bristol Harvey Nichols stores will be rebranded as Flannels.
Frasers Group, owned by Mike Ashley, bought Harvey Nichols for £43 million in August when it went into administration.
The deal saved about 1,000 jobs and 6 UK stores out of 1,200 jobs and 8 stores.
Frasers Group plans to keep some Harvey Nichols stores, like Knightsbridge in London and Edinburgh, but the future of Manchester and London stores is unclear.
Frasers Group has been expanding its luxury fashion brands, including growing its stake in Hugo Boss and owning Flannels and Mulberry.
The group acquired House of Fraser in 2018 and closed many of its stores while focusing on luxury fashion.
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Kombucha is a fermented tea drink valued for its live bacteria that support gut health. While the U.S. kombucha market is growing fast, some products are pasteurized, which kills these live cultures, whereas others, like the Portuguese brand Sõsu, keep the drink unpasteurized and refrigerated to maintain the live cultures.
Key Facts
Kombucha is made by fermenting sweetened tea with bacteria and yeast, producing natural carbonation and live cultures.
The U.S. kombucha market was worth about $1.83 billion in 2025 and is expected to grow to $3.46 billion by 2030.
Pasteurization is a heat process that kills the living microorganisms in kombucha, making it more stable but less "alive."
Unpasteurized kombucha continues to ferment after bottling, which can change its taste, carbonation, acidity, and alcohol level.
Sõsu Kombucha, founded in Portugal in 2025, produces unpasteurized kombucha and has grown from 50 liters to 3,000 liters per month.
To keep the live cultures intact, Sõsu uses refrigerated storage and clear handling instructions for distribution.
Consumers may not always know if kombucha they buy is pasteurized or unpasteurized because labels often do not make this clear.
Maintaining live kombucha during commercial distribution requires a cold supply chain to preserve its characteristics.
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The Federal Reserve plans a few more interest rate increases but will act slowly and carefully. They want to control inflation without hurting the economy or causing a big slowdown.
Key Facts
The Fed expects to raise interest rates a couple more times before the end of 2024 or early 2027.
These rate hikes will probably total about 0.75 percentage points, spread out over time.
Fed officials are being cautious and open to changing their plans depending on economic data.
The goal is to lower inflation to about 2% without causing major damage to economic growth or jobs.
Recent speeches show the Fed is not planning aggressive or rapid rate hikes like in 2022.
Fed leaders want to avoid making sudden moves that could surprise investors and businesses.
Inflation has remained above the Fed’s target for over five years, which is a concern for the central bank.
Officials want to keep inflation expectations steady so people and companies don’t expect prices to keep rising quickly.
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US-owned steel plants in Canada, operated by Cleveland-Cliffs, have begun laying off workers because of President Trump’s tariffs on Canadian steel. The layoffs have upset Canadian officials who say the company broke promises related to a takeover deal.
Key Facts
Cleveland-Cliffs, a US steel company, owns Stelco steel plants in Canada.
Layoffs started at Stelco’s Hamilton plant, with 300 to 350 workers expected to lose jobs.
Some workers may be transferred to another Stelco site, Lake Erie Works.
Cleveland-Cliffs linked the layoffs directly to President Trump’s tariffs on Canadian steel imports.
Canadian government officials offered financial help to keep the plants open, but the company refused.
Prime Minister Mark Carney said the layoffs violate a 2024 takeover agreement that promised job protection.
Laid-off workers currently keep their medical benefits during temporary layoffs.
Canadian officials plan to use legal and other measures to defend jobs and the steel industry.
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The NFL asked the Supreme Court to decide who can regulate prediction markets, which are platforms where people bet on future events. The NFL argues that these markets should be controlled by state gambling laws, not federal rules.
Key Facts
The NFL wants the Supreme Court to review a legal case about prediction market regulation.
Prediction markets allow people to place bets on the outcomes of events.
The dispute involves Kalshi, a company running these markets, and a state government.
The NFL filed a legal document called an amicus brief, offering its opinion to the court.
The NFL believes that states, not the federal government, should regulate prediction markets.
State gambling laws vary by location, so regulation could differ across states.
The Supreme Court has not yet decided whether to take the case.
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Carlsberg Britvic plans to close Marston's Brewery and its main logistics operation in Burton-upon-Trent next summer, affecting about 310 workers. The company said demand for cask ale in the UK has fallen sharply, but popular brands will remain in its portfolio, though it is unclear where they will be brewed in the future.
Key Facts
Marston's Brewery in Burton-upon-Trent is proposed to close in summer 2027.
About 310 employees may lose their jobs due to the closure.
UK demand for cask ale has more than halved in less than ten years.
Carlsberg Britvic will keep major brands like Hobgoblin, McEwan's, and Brooklyn but hasn’t said where they will be brewed.
Smaller beer brands may be sold to independent or local brewers.
Burton-upon-Trent has a long brewing history dating back to the 11th century.
Carlsberg Britvic said the closure is not due to employee performance and promised support during the transition.
The company aims to focus on beer styles that consumers are currently buying and markets that are growing.
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Global energy prices are staying high due to ongoing supply challenges, especially involving oil passing through the Strait of Hormuz. Countries are responding differently to secure their energy supplies, with some increasing local oil and gas production and others shifting away from fossil fuels.
Key Facts
High energy prices are pushing up inflation worldwide.
More crude oil is now moving through the Strait of Hormuz, a key shipping route.
Oil prices will stay high until oil flows from this region return to normal levels.
Damaged infrastructure and rising shipping costs are adding to supply problems.
Daily costs for oil tankers have jumped dramatically, increasing transportation expenses.
Governments are exploring different strategies for energy security based on local resources.
Some countries want to produce more oil and gas nearby, while others aim to reduce fossil fuel use.
This mixed global response reflects varying options and priorities among countries.
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Birmingham Airport has announced a £2 billion plan to expand over the next 15 years, aiming to more than double passenger numbers and create over 50,000 jobs. The expansion includes better passenger facilities, more aircraft stands, and improved access, starting as early as 2027.
Key Facts
The airport handled over 13 million passengers in 2025 and aims to increase this to 30 million annually.
The expansion plan could create more than 50,000 jobs, with 3,800 jobs at the airport itself.
Improvements will include enhanced baggage and terminal facilities and more aircraft stands.
The airport is asking the public for feedback during an eight-week consultation.
Local leaders support the plan for its economic benefits and opportunities for businesses.
The airport faces challenges like rising costs for wages, energy, and taxes that could affect the plan.
The government supports the expansion as a way to grow the aviation sector in the UK.
Development work may start in 2027, focusing first on passenger and baggage system improvements.
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Life insurance can play a useful role in retirement planning by protecting a spouse's finances, providing access to cash through certain types of policies, and helping preserve an inheritance. While it should not replace traditional retirement savings like 401(k) or IRA accounts, life insurance can add flexibility and security to overall retirement strategies.
Key Facts
Only 52% of Americans feel confident their retirement savings will last their lifetime, down from 73% in 2025.
56% of people have updated their retirement plans, and 34% have delayed or plan to delay retirement.
Life insurance death benefits can help a surviving spouse cover living expenses and pay off debts.
Death benefits are usually not taxed as income by the IRS, with some exceptions.
Permanent life insurance policies (whole or universal) build cash value that can be borrowed or withdrawn during retirement.
Using cash value may help avoid selling investments in a bad market but can reduce the policy’s death benefit and have tax consequences.
Life insurance can support retirement goals by providing funds for heirs without sacrificing money needed for living expenses.
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CBS Mornings is promoting exclusive deals on various products that aim to improve daily life. These deals are available through their website, cbsdeals.com, where CBS earns a commission from purchases.
Key Facts
CBS Mornings features special deals on products for everyday use.
Deals can be found and purchased at cbsdeals.com.
CBS receives commissions when people buy through this site.
The promotion is part of the CBS Deals segment.
The deals are described as exclusive for viewers.
The article is a short notice directing viewers to the website for more information.
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Inflation is making it harder for people to plan their retirement because prices keep rising, which can change how much money they need to save and spend. Many Americans are updating their retirement plans to better match today’s higher costs and to protect their savings from losing value over time.
Key Facts
About 61% of Americans have a financial plan for retirement, up from 58% last year.
Only 52% of people feel confident their retirement savings will last their lifetime.
Inflation means everyday expenses, like food and housing, are more expensive than expected.
If prices rise 3% each year, costs can increase by around 33% in 10 years.
People may need to save more, work longer, or change how much they withdraw from savings during retirement.
Retirees might have to adjust spending and withdrawal plans to avoid running out of money.
Inflation can change what kinds of investments are best to keep up with rising costs.
Regularly updating retirement plans with current costs helps keep them realistic.
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ExxonMobil’s internal documents show that its own scientists doubted the effectiveness of climate solutions the company publicly promoted. These documents, released during a lawsuit filed by Massachusetts, suggest Exxon was aware of climate risks decades ago but focused more on public relations than real climate action.
Key Facts
In 1988, Exxon warned internally that global efforts to reduce greenhouse gases could hurt the company.
New documents from the 1980s to 2010s reveal Exxon scientists questioned the company’s claims on biofuels and carbon capture.
The documents are part of a 2019 Massachusetts lawsuit accusing Exxon of misleading consumers and investors.
More than two dozen similar lawsuits against oil companies are ongoing, including one in Boulder, Colorado.
Exxon denies misleading the public and says the lawsuits are legally baseless.
Climate-related damages in the U.S. have cost over $100 billion in four of the past five years.
Exxon earned nearly $19 billion in the first half of 2024.
The Massachusetts case highlights Exxon’s focus on public relations over real climate solutions.
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AT&T has reached a $177 million settlement after data breaches exposed the personal information of millions of its customers. Affected customers may soon receive payments from this settlement.
Key Facts
AT&T customers experienced one or two data breaches that leaked their personal information.
The company agreed to pay $177 million as part of a settlement.
The settlement money will be distributed to the customers affected by the data breaches.
The exact amount each customer will receive has not been specified yet.
The settlement aims to compensate customers for the harm caused by the data leaks.
The data breaches exposed sensitive personal information of millions of users.
The timing for when payments will start has not been clearly announced.
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The Chrysler Building in New York City will be refurbished after being sold in a $235 million lease deal. The renovation will restore its famous crown and façade, upgrade office spaces, and improve internal systems.
Key Facts
The Chrysler Building, nearly 100 years old, is an Art Deco skyscraper in Manhattan.
Developer Tishman Speyer has taken over the lease from Cooper Union, a private college.
They will invest $235 million to restore the building's crown, façade, and office spaces.
The 61st floor, featuring large eagle gargoyles, will get an upgraded upscale lounge.
Most of the building will be used for office space, with a "prebuild approach" to speed up workplace readiness.
The area near Grand Central Station has very little available office space.
Internal upgrades will include mechanical, elevator, electrical, and air systems.
Cooper Union will use lease payments to fund full-tuition scholarships for undergraduates.
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The UK government’s costs to borrow money for the medium term have reached their highest level in 19 years because investors are selling bonds due to inflation fears. This increase in borrowing costs may force Chancellor John Healey to raise taxes in his upcoming budget to maintain financial stability and fund energy support measures.
Key Facts
The interest rate on 10-year UK government bonds rose to 5.515%, the highest since July 2007.
Yields on 20- and 30-year UK government bonds are at their highest levels since 1998.
Higher yields mean the government has to pay more in interest to borrow money.
Rising borrowing costs likely reduced the government’s financial buffer built earlier this year by about half.
Chancellor Healey is expected to raise taxes to rebuild the government’s financial cushion and fund energy support like a VAT cut on electricity bills.
Economists warn that raising taxes too much could hurt the economy.
The Bank of England is expected to raise interest rates again in November to fight inflation.
Similar bond sell-offs and inflation concerns are affecting other major economies, including the US and France.
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A company from Londonderry called the Martin Group has bought the UK car park operator NCP after NCP went into financial trouble. This purchase makes the Martin Group one of the largest car park operators in the UK, controlling over 100 sites and protecting many jobs.
Key Facts
NCP went into administration (financial trouble) in March 2026 due to declining performance and debt.
The Martin Group bought most of NCP’s 145 sites and took on the staff working there.
PwC were the administrators managing NCP’s collapse and said the sale helped protect hundreds of jobs.
NCP had long-term leases and large debts that contributed to its problems.
The Martin Group owns shopping centers and hotels across the UK.
The deal allows the Martin Group to expand its property and parking operations.
Both Martin Group and NCP leaders said the deal was positive for jobs and the local communities.
NCP plans to restore full operations and grow sustainably under the new ownership.
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The EU's trade commissioner, Maros Sefcovic, began talks in Beijing with Chinese officials to address a large trade gap where the EU buys more goods from China than it sells there. He aims to balance this difference, especially noting the rise of Chinese hybrid cars in the European market.
Key Facts
Maros Sefcovic, the EU trade commissioner, visited Beijing for two days of talks with China.
The main goal is to reduce the large trade deficit the EU has with China.
The EU imports more goods from China than it exports to China, creating an unsustainable trade imbalance.
Chinese hybrid cars now make up 25% of the European market for these vehicles.
Talks focus on rebalancing trade, especially in important sectors like the auto industry.
The visit signals ongoing efforts by the EU to strengthen trade relations and address trade challenges with China.
The trade deficit refers to buying more goods from another country than selling to it.
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Oil and gas prices have risen sharply due to attacks on ships in the Middle East, causing bond yields to go up and stock markets to fall. This has increased concerns about supply and is affecting financial markets, including government borrowing costs in Europe.
Key Facts
Attacks on shipping in the Middle East have pushed oil prices above $105 a barrel.
Rising oil prices have caused government bond yields in the Eurozone to reach their highest levels in years.
France’s 10-year bond yield is near 5%, the highest since 2002, due to worries about its large budget deficit.
Eurozone finance ministers and the European Central Bank (ECB) are urging France to pass its 2027 budget to calm bond markets.
There are no immediate plans for the ECB or European Commission to intervene directly in France’s bond market.
Higher bond yields increase the cost for governments to borrow money.
Energy price increases are contributing to market uncertainty and influencing interest rate expectations.
In the UK, retailers like Asda and Morrisons face challenges, with speculation that one or both may disappear within a decade, while some supermarket merger talks have occurred.
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