Cupcakes

Brocho before eating this: Borei Minei Mezonos

Brocho after eating the proper shiur of this: Al Hamichya

If one is Koveah Seduah on this item, Hamotzi Lechem Min Ha'aretz and Bentching are required.

*If there is a "considerable" amount of cream (and one is not Koveah Seduah) it also requires:

Brocho before eating this: Shehakol Niyeh Bedvoro

Brocho after eating the proper shiur of this: Borei Nefashos

Source: The Laws of B'rachos (page 366)