NEW YORK (CNN) -- CNN Money's Stacey Delikat has your top business and financial news on this Monday, June 24.
Don't panic! Selling now could hurt your nest egg
The stock market's meltdown may have taken a hit to your retirement savings, but fleeing the market now is one of the last things you should do. Thursday's sell-off, Wall Street's single worst day of the year, may have you thinking it's best to pull out of stocks and wait it out in safer investments like bonds, money market funds or even cash. But financial advisers say not so fast: Staying the course is a much smarter move.
Twinkies return to shelves July 15th
Twinkies and other Hostess Brand products will be back on shelves July 15th, according to Hannah Arnold, spokesperson for Hostess Brands Inc. Hannah Arnold, spokesperson for Hostess Brands, Inc, confirmed to CNN: A full line of products will be coming back, including Twinkies, CupCakes, Donettes, Zingers, HoHos, DingDongs, Fruit Pies, mini muffins, etc. These products will be back on shelves across the country on July 15th.
QVC is re-evaluating its relationship with Paula Deen
Days after Food Network announced it will not be renewing Paula Deen's contract when it expires, the VP of Corporate Communications for QVC tells CNN that the home shopping channel is also re-examining its relationship with Deen, saying the company does not "tolerate discriminatory behavior." Friday, Deen posted an apology to fans after admitting in a deposition that she used the "N word."
This week you'll pay more for a Starbucks latte
Your Starbucks latte is going to cost you a little bit more next week. The coffee chain on Tuesday is set to raise prices on some of the drinks it sells in its U.S. stores by an average of 1%. The price hike will affect beverages including Starbucks' brewed coffee, tea, latte and espresso drinks, said spokesman Jim Olson. While drink prices vary from city to city, Olson said that customers in some markets could pay about 10 cents more for a tall brewed coffee.