Starbucks to raise coffee, drink prices

Posted By: Channel 8 Eyewitness News

Starbucks has increased prices on brewed coffee, espresso and tea latte beverages at its company-run stores in the U.S.

The announcement comes a day after the company announced it is boosting the base pay of its employees and store managers.

Brewed coffee is jumping 10 to 20 cents, while espresso and tea latte beverages will rise 10 to 30 cents.

The specific increases will depend on the market where individual stores are based.