WEATHER ALERT
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
Read full article: U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimateThe U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending.
Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low
Read full article: Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year lowU.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation.
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Read full article: Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggestsOngoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.
Egg prices could jump 41% this year, USDA says, as Trump's bird flu plan is unveiled
Read full article: Egg prices could jump 41% this year, USDA says, as Trump's bird flu plan is unveiledThe Trump administration believes a renewed emphasis on biosecurity can help in the battle against bird flu and ease egg prices.
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumbles
Read full article: Inflation, looming trade war take a toll as confidence of the U.S. consumer tumblesU.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
U.S. wholesale prices up a hotter-than-expected 0.4% in December
Read full article: U.S. wholesale prices up a hotter-than-expected 0.4% in DecemberU.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year.
Canned tuna sold nationwide at Costco, Trader Joe’s, Publix recalled due to botulism risk
Read full article: Canned tuna sold nationwide at Costco, Trader Joe’s, Publix recalled due to botulism riskBefore you pack your lunch, be sure to take a closer look what’s in your pantry, as a several kinds of canned tuna have been recalled.
U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in '24
Read full article: U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in '24The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
Costco successfully defends its diversity policies as other US companies scale theirs back
Read full article: Costco successfully defends its diversity policies as other US companies scale theirs backCostco has claimed victory in pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices.
SunFed cucumbers and Costco eggs recalled due to potential salmonella contamination
Read full article: SunFed cucumbers and Costco eggs recalled due to potential salmonella contaminationCucumbers shipped to the U.S. and Canada — and organic eggs sold in 25 Costco stores in five southern U.S. states — have been recalled because of potential salmonella contamination.
Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East
Read full article: Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle EastGlobal oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
Peloton plans to sell its deluxe stationary bike at Costco to reach holiday shoppers
Read full article: Peloton plans to sell its deluxe stationary bike at Costco to reach holiday shoppersPeloton plans to sell its deluxe stationary bike at Costco this holiday season as the struggling connected-exercise company seeks to broaden its customer base.
US consumer sentiment slips in October on frustration over high prices
Read full article: US consumer sentiment slips in October on frustration over high pricesAmericans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday.
Hurricane Milton: North Miami public work employees prepare, demand for supplies increases at Costco
Read full article: Hurricane Milton: North Miami public work employees prepare, demand for supplies increases at CostcoEven before feeling the effects of Hurricane Milton, North Miami public works employees prepared for flooding and shoppers increased demand at Costco on Sunday.
Online marketplace eBay to drop American Express, citing fees, and says customers have other options
Read full article: Online marketplace eBay to drop American Express, citing fees, and says customers have other optionsOnline marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online.
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Read full article: US consumer sentiment drops to 6-month low on inflation, unemployment fearsConsumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise.
US inflation slows but remains elevated in sign that price pressures are easing only gradually
Read full article: US inflation slows but remains elevated in sign that price pressures are easing only graduallyConsumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.
CDC expands warning about charcuterie meat trays as salmonella cases double
Read full article: CDC expands warning about charcuterie meat trays as salmonella cases doubleFederal health officials are expanding a warning about salmonella poisoning tied to charcuterie meat snack trays sold at Sam's Club and Costco stores.
Costco recalls 48,000 mattresses due to possible mold exposure
Read full article: Costco recalls 48,000 mattresses due to possible mold exposureAbout 48,000 mattresses sold at Costco are under recall after over 500 consumers reported mold growing on them, the Consumer Safety Product Commission said on Thursday.
High gas prices push up inflation, but prices overall are slowly moving in the right direction
Read full article: High gas prices push up inflation, but prices overall are slowly moving in the right directionInflation jumped last month largely because of a spike in gas prices, while other costs rose more slowly, suggesting price pressures are easing at a gradual pace.
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Read full article: US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mileOver the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years.
US price and wage increases slow further in the latest signs of cooling inflation
Read full article: US price and wage increases slow further in the latest signs of cooling inflationSigns that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.
An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
Read full article: An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 yearsAn inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.
Inflationary pressures continue to ease, producer prices drop 0.3% from April to May
Read full article: Inflationary pressures continue to ease, producer prices drop 0.3% from April to MayWholesale prices in the United States dropped 0.3% from April to May, another sign that inflationary pressures continue to ease in the face of repeated interest rate hikes by the Federal Reserve.
Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areas
Read full article: Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areasConsumers picked up their spending modestly in April from March, particularly in dining out and online, buoyed by a solid job market and easing inflationary pressures.
Asian stocks follow Wall Street up ahead of US jobs update
Read full article: Asian stocks follow Wall Street up ahead of US jobs updateAsian stock markets are following Wall Street higher ahead of a U.S. job market update that traders hope might encourage the Federal Reserve to ease off plans for more interest rate hikes.
Cheaper gas at Davie Costco creates back ups, hazard on major road, so where are police?
Read full article: Cheaper gas at Davie Costco creates back ups, hazard on major road, so where are police?Discounted gas at Costco has drivers lining up but they are obstructing an entire lane of State Road 84. So why isn't law enforcement stepping in.
Retail sales rise 0.9% in April as consumers show resilience
Read full article: Retail sales rise 0.9% in April as consumers show resilienceU.S. retail sales rose 0.9% in April, a solid increase that underscores Americans’ ability to keep ramping up spending even as inflation persists at nearly a 40-year high.
Woman missing in wildfire was last seen trying to save dogs
Read full article: Woman missing in wildfire was last seen trying to save dogsAuthorities say investigators are working to determine whether some small bone fragments found during the search for a 91-year-old woman who tried to save her dogs from a wildfire in suburban Denver could belong to her.
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US consumer prices surge in June by the most since 2008
Read full article: US consumer prices surge in June by the most since 2008Prices for U.S. consumers jumped in June by the most in 13 years, signaling that a swift rebound in spending has run up against widespread supply shortages that have escalated the costs of many goods and services.
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US economy grows 6.4% in Q1, and it's likely just the start
Read full article: US economy grows 6.4% in Q1, and it's likely just the startThe U.S. economy grew at a solid 6.4% rate in the first three months of this year, setting the stage for what economists are forecasting could be the strongest year for the economy in possibly seven decades.
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Sergeant opens fire on suspect outside Home Depot in west Miami-Dade
Read full article: Sergeant opens fire on suspect outside Home Depot in west Miami-DadeA female sergeant from the Miami-Dade Police Department was patrolling the area when a Home Depot employee told her someone had been stealing items.
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Consumer prices up 0.4% last month but core prices moderate
Read full article: Consumer prices up 0.4% last month but core prices moderateThe Labor Department reported on Thursday, Dec. 10, that the gain in the consumer price index followed an unchanged reading in October and matched the 0.2% September advance. (AP Photo/David Zalubowski)WASHINGTON – U.S. consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. The Labor Department said Wednesday that the February advance in its consumer price index followed a 0.3% rise in January and was the largest advance since a similar 0.4% increase in August. Consumer prices are up 1.7% over the past year, a still moderate performance for inflation which is running below the Federal Reserve’s 2% target for price increases. Gasoline costs have been climbing since December, reflecting rising costs of crude oil.
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Costco to raise starting hourly wage to $16; end hazard pay
Read full article: Costco to raise starting hourly wage to $16; end hazard pay(AP Photo/Rogelio V. Solis)NEW YORK – Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors. Jelinek said the starting wage for Costco employees would rise to $16 next week, up from $15 the company instituted two year ago. The starting wage scale puts Costco above competitors, including Amazon, Target and Best Buy, which have $15 minimum wages. Walmart's starting pay is $11 an hour. AdThe federal minimum wage is currently $7.25.
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Deaf Costco worker with mumbling manager won’t get $775K jury award
Read full article: Deaf Costco worker with mumbling manager won’t get $775K jury awardFORT LAUDERDALE, Fla. – A deaf former employee of a South Florida Costco store won’t be collecting $775,000 a federal jury awarded her in a discrimination and wrongful termination case. The U.S. Supreme Court on Monday declined to reconsider a judge's decision to overturn the 2018 verdict in favor of Christine D'Onofrio. Instead, Costco provided her with a video phone with online interpretation services. D’Onofrio's lawyers appealed, arguing that the phone and online services did not overcome communication problems that arose during her final year at Costco, the newspaper reported. The petition to the Supreme Court asked justices to consider whether the appellate court failed to apply the correct standard of review.
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US consumer spending fell 0.2% in December in face of virus
Read full article: US consumer spending fell 0.2% in December in face of virusSince making a brief bounce-back from the viral pandemic last spring, consumer spending has barely grown. Friday's government report on consumer spending showed that inflation by a measure preferred by the Fed rose 0.4% in December after no change in October and November. AdThe savings rate remained at an elevated 13.7% of after-tax income in December, up from 12.9% in November. In the final three months of 2020, consumer spending, which accounts for about 70% of the economy, grew at a 2.5% annual rate. Ad“We believe increased vaccinations, stable household finances and rebounding confidence will lift consumer spending growth” this year, Daco said.
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US consumer confidence rebounds in January
Read full article: US consumer confidence rebounds in JanuaryA sales associate helps customers as they consider the purchase of a big-screen television at a Costco warehouse on Wednesday, Nov. 18, 2020, in Sheridan, Colo. U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed Americans confidence down to the lowest level since August. (AP Photo/David Zalubowski)WASHINGTON – U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1. The present situation index weakened further, however, reflecting concerns over the resurgence of COVID-19. “The slow rollout of the vaccines and the still raging pandemic continue to depress consumer confidence despite the prospect of further fiscal aid and a brighter and a brighter health situation,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics.
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Consumer prices up 0.4% in December led by higher gas prices
Read full article: Consumer prices up 0.4% in December led by higher gas prices(AP Photo/David Zalubowski)WASHINGTON – U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices. For December, energy prices rose 4% with gasoline prices surging 8.4%. Even with that big jump, gasoline prices are 15.2% below where they were a year ago, when people were still commuting to work. Food costs rose 0.4% in December and are 3.9% higher than a year ago. Core inflation, excluding volatile food and energy, rose a slight 0.1% last month, and just 1.6% over the past 12 months.
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During crucial holiday season, US consumer confidence slumps
Read full article: During crucial holiday season, US consumer confidence slumps– A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer. However, rising pessimism is now spreading during the crucial holiday season, which could make or break a number of retailers, airlines, restaurants other sector that have been hammered financially during the pandemic. It may be an ominous sign for an economy in which consumer spending accounts for 70% of all economic economic activity. The index measuring consumers’ assessment of current business and labor market conditions also fell sharply, from 105.9 last month to 90.3 in December. It remains to be seen how Congress' $900 billion relief bill, which was passed Monday and too late for the survey, will affect consumer behavior this winter.
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Q3 GDP estimate gets a slight upgrade to 33.4% growth
Read full article: Q3 GDP estimate gets a slight upgrade to 33.4% growthThe U.S. economy expanded at a 33.4% annual pace from July through September, the Commerce Department said Tuesday, Dec. 22, 2020 delivering the last of three estimates on the economys third-quarter performance. (AP Photo/Steven Senne, file)WASHINGTON – The U.S. economy expanded at a record 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the last of three estimates on the economy’s third-quarter performance. But it's likely that a resurgence in coronavirus cases slowed growth sharply during the last three months of 2020. Employers slashed 22 million jobs in March and April, then began to steadily recall furloughed workers. But the United States is still 9.8 million short of the jobs it had February, and hiring has slowed every month since June.
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Fun advent calendars you’ll want to snatch up this holiday season, guaranteed
Read full article: Fun advent calendars you’ll want to snatch up this holiday season, guaranteedIt’s not guaranteed that the store listed below will have these advent calendars in stock, so just note that you may want to call ahead to ensure your local Costco has the products we’re referencing. This advent calendar is perfect for anyone who loves to watch the movie during Halloween or Christmas. Trader Joe’sNot only does Trader Joe’s have advent calendars for your pup, but also for the kitty cat in your life. AldiAldi is the KING of advent calendars. The month of December is already pretty magical with the holiday spirit in the air, but these adult advent calendars just make it even better.

Viral $75 Costco coupon is fake, Costco says
Read full article: Viral $75 Costco coupon is fake, Costco says(CNN) - That $75 Costco coupon floating around Facebook that seems too good to be true is, in fact, too good to be true. The company debunked the coupon scam that promised users $75 off their purchase at the wholesale warehouse. "While we love our fans and our members, this offer is a SCAM, and in no way affiliated with Costco," the company said. The fraudulent offer cropped up on Facebook earlier this year, prompting users to click on a link unaffiliated with Costco to collect their $75 coupon. Costco shares legit deals on its website and doesn't accept any coupons that are not issued by Costco.

$75 Costco coupon found on social media is a scam
Read full article: $75 Costco coupon found on social media is a scamMIAMI - A $75 coupon for Costco currently circulating on social media sounds too good to be true, and it is. The coupon claims customers will get $75 off purchases as long as they complete surveys and share the fake coupon with others on Facebook. Users were also asked to provide personal details as well, such as name, address and phone number, KGO reports. However, Costco itself made sure customers knew the coupon was a scam. "While we love our fans and our members, this offer is a SCAM, and in no way affiliated with Costco.

These pumpkin-shaped raviolis are perfect for Halloween
Read full article: These pumpkin-shaped raviolis are perfect for HalloweenWe are in the middle of spooky season, and if you're living your best fall life then you will love these pumpkin and bat-shaped raviolis that Costco is selling. A photo of the raviolis was posted by the Instagram account @costcobuys and they are made by Nuovo Pasta. Each container has raviolis shaped like mini orange pumpkins and scary black bats, perfect for a Halloween party. Costco has a great selection, but you should also check out the ravioli and tortellini at Trader Joe's. You have not lived until you've had the lobster ravioli from Trader Joe's.

A burglar hid in a Costco for hours
Read full article: A burglar hid in a Costco for hoursAuthorities in Coweta County, Georgia, say a man cased a Costco and hid in the store for hours before stealing $13,000 worth of jewelry. The burglary took place on October 10 after the man went to Costco and walked around before leaving, the affiliate reported. Deputies say the man hid behind the display sign for nearly five hours, waiting for the store to clear out and close up, the affiliate reported. Video shows the man smashing a glass display and grabbing handfuls of jewelry. Video from a nearby theater shows the man running out of the store and returning to a truck, authorities said.

Five things to know about Costco's $4.99 rotisserie chickens
Read full article: Five things to know about Costco's $4.99 rotisserie chickensThe company sold more than 90 million rotisserie chickens last year. (David P. Morris/Bloomberg/Getty)(CNN) - Costco is willing to go to extreme lengths to keep its prized rotisserie chickens at $4.99. Costco sold 91 million rotisserie chickens last year, more than double the number from a decade prior. Costco has sold rotisserie chickens at $4.99 since 2009Costco is so determined to keep its rotisserie chickens at $4.99 that it's been willing to lose money selling them in the past. Even as competitors increased their rotisserie chickens to $5.99 in recent years, Costco held its price steady.

South Floridians prepare for Hurricane Dorian
Read full article: South Floridians prepare for Hurricane DorianMIAMI-DADE COUNTY, Fla. - South Floridians are beginning to prepare for Hurricane Dorian possibly making landfall in South Florida. Publix customers in Miami Shores were stocking up on water and other non-perishables just in case Hurricane Dorian turns toward South Florida. "Even though I live in a good, sound building, you have to have supplies," Ron Jevro said. "As soon as I get it in, it's going out just as quick," Costco manager Alan Pack said. The Publix in Miami Shores ran out of water by 5:30 p.m., but is expecting more pallets to be delivered.

Costco's first China store so popular it shut down traffic
Read full article: Costco's first China store so popular it shut down trafficThe country's first Costco store is so popular that it had to shut down early on its first day because of too many shoppers. "The store has been clogged up with crowds," Costco said in a text message alert to its members in China. Police were deployed to restore order and manage traffic jams around the store, with law enforcement urging people to remain calm. But despite the early buzz around its Shanghai store, the US retailer will have to prove it can stick around for the long haul. Day one hypeWhile there are challenges on the horizon, the early hype around China's Costco stores is very real.