Survey shows a Costco membership fee hike would face little resistance — we think so, too
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding...
Inflation
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Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up...
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Holland America Becomes Latest Cruise Line To Increase Gratuity Fees
Now that pandemic-related restrictions are mostly a thing of the past and cruisegoers are heading back to the high seas in record numbers, they’re likely...
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Tyson Foods stock slips to lowest levels since November 2020 in three-day losing streak
A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tyson Foods hit...
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Where Walmart CEO Doug McMillon expects inflation to stick around in 2023
Retail sales slumped on Thursday even though the latest data on consumer prices earlier this week showed a cooling. Walmart CEO Doug McMillon says the...
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Asia’s year in review: Who had it good — and who had it bad — in 2022
Police officers step into the vandalized gateway to Sri Lanka’s presidential palace in July. The country has been hit hard by an economic crisis. Abhishek...
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Health insurance is helping cool inflation. But ‘it’s not a very good reflection’ of what people pay, cautions economist
Natalia Gdovskaia | Moment | Getty Images In an environment of high inflation, health insurance costs are doing the opposite: They’ve begun to deflate, and...
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Here’s why salaries in the U.S. don’t keep up with inflation
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest...
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Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg...
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Inflation has peaked — but it’s not returning to pre-Covid levels in 2023, Mastercard says
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Africa at...
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Economists think inflation has peaked. Main Street is preparing for more pain
Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty Images More players in the...
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Signals from Costco on inflation are keeping us from overreacting to hotter producer prices
Wholesale prices in November may have been slightly hotter than expected, but next week’s look at consumer prices is the one that may solidify the...