If you're drinking a cup of coffee right now, treasure it. The global supply of coffee beans may soon shrink because of problems in coffee-growing areas of Brazil and Central America.
With supply threatened and demand strong, prices are taking flight. Wholesale coffee prices are up more than 60 percent since January — from $1.25 per pound of bulk Coffea arabica beans to $1.85 this week.
Royal Caribbean says it's offering a 53-day voyage from the U.S. to China to inaugurate its newest giant luxury liner, the Quantum of the Seas, which is scheduled to begin cruises out of Shanghai next year.
Lately, there have been so many billion-dollar tech acquisitions in the headlines that it's hard to keep them straight. We await Apple's buyout of Dr. Dre's Beats for $3.2 billion. YouTube is reportedly close to a purchase of the video game streaming service Twitch, for $1 billion.
Let's turn now to matters of personal finance. Graduation season is here, and many newly minted graduates are hoping that there's more in those cards than the well wishes of aunts, uncles and godparents. Yes, we're talking money. There's likely to be a $20 bill or two for high school grads and, perhaps, some more serious cash for those who are finishing college or graduate school.