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Tag: September

MONTEREY PARK, CA - SEPTEMBER 23: A Costco store is seen on September 23, 2022 in Monterey Park, California. Costco Wholesale Corp. topped estimates for quarterly results this week with total revenue rising 15% to $72.10 billion in a strong fourth quarter. (Photo by Eric Thayer/Getty Images)

Costco Increasing Membership Fees For First Time In 7 Years

Costco announced on Wednesday that it will be raising its membership fees at the start of September, leading to its first price hike since 2017. 

Read More Costco Increasing Membership Fees For First Time In 7 Years
File photo: People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File photo

Monthly US consumer prices post first drop in four years as inflation subsides

U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.

Read More Monthly US consumer prices post first drop in four years as inflation subsides
A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US inflation ebbs in May as goods prices fall

U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.

Read More US inflation ebbs in May as goods prices fall
A sale sign greets shoppers at a retail store in Carlsbad, California, U.S., May 25, 2023. REUTERS/Mike Blake

US retail sales rise less than expected in May

U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.

Read More US retail sales rise less than expected in May
TOPSHOT - US President Joe Biden talks with his son Hunter Biden upon arrival at Delaware Air National Guard Base in New Castle, Delaware, on June 11, 2024, as he travels to Wilmington, Delaware. A jury found Hunter Biden guilty on June 11 on federal gun charges in a historic first criminal prosecution of the child of a sitting US president. The 54-year-old son of President Joe Biden was convicted on all three of the federal charges facing him, CNN and other US media reported. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

White House Not Ruling Out Potential Commutation For Hunter’s Sentence

White House press secretary Karine Jean-Pierre said that the Biden administration would not rule out a potential presidential commutation for whatever sentence Hunter Biden receives.

Read More White House Not Ruling Out Potential Commutation For Hunter’s Sentence
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. REUTERS/Brendan McDermid/File Photo

Wall St unsettled ahead of inflation data, Fed meeting

Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.

Read More Wall St unsettled ahead of inflation data, Fed meeting

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