Starbucks Corporation (NASDAQ:SBUX) traded higher on Wednesday as investors reacted to expectations of tariff relief on imported goods, such as coffee.SBUX shares are trending higher. Get the latest updates here.Treasury Secretary Scott Bessent told Fox News that the administration will soon announce cuts in duties for everyday consumer goods. He stated that the effort would reduce prices on items the U.S. does not typically produce, NBC News reports.Coffee, Bananas Targeted For ReliefBessent told "Fox and ...

Starbucks Corp (NASDAQ:SBUX) has seen a surge in demand for its collectible holiday merchandise, with the Glass Bearista Cold Cup becoming the latest sensation. Launched at $29.95, the cup sold out almost immediately, sparking a resale frenzy on platforms like eBay. Some listings have reached up to $50,000, though no sales at such prices have been confirmed. The demand has exceeded Starbucks’ expectations, according to a company spokesperson who acknowledged the disappointment of fans who missed out, report ...