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Categories Business

Costco hikes membership fee for the first time since 2017

Author July 11, 2024

You’ll soon have to pay more if you want to shop at Costco. The membership-based warehouse club said Wednesday that it will increase its

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Categories Business

The Fed may soon cut interest rates. That could make your next trip abroad more expensive.

Author July 11, 2024

The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to

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Categories Business

S&P 500 closes above 5,600 for the first time, lifted by gains in Big Tech

Author July 11, 2024

The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor stocks led

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Categories Business

People are earning more from side gigs and needing them less

Author July 11, 2024

Side hustlers are hustling a little less but making more when they do. About 36% of U.S. adults say they make extra money

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Categories Business

Barcelona protesters throw items and spray travelers with water while shouting ‘tourists go home’

Author July 11, 2024

Millions flock to Barcelona, Spain, every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of

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Categories Business

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

Author July 11, 2024

Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and

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Categories Business

Tesla is the new meme stock, according to one billionaire investor

Author July 11, 2024

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a meme stock — sagging fundamentals, straight

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Categories Business

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Author July 11, 2024

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage

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Categories Business

S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports

Author July 10, 2024

The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this

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Categories Business

Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

Author July 10, 2024

The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and

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