Membership fee hikes could be coming to Costco (COST) very soon. In a research note published on Monday, UBS analyst Michael Lasser said the firm continues to believe a membership fee hike is coming from the wholesale club this year, most likely in the second quarter. Lasser first laid out the case for higher fees from Costco at the beginning of the year.
Warren Buffett just fired a warning signal for the entire retail industry, and especially for Walmart. In an interview with CNBC's Becky Quick on Monday, Buffett called retailing "too tough" and warned against investing in the industry. "That is a tough, tough, tough competitive force," Buffett said, referring to Amazon.
WASHINGTON (AP) -- When Republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they're talking about eliminating some very popular tax breaks enjoyed by millions of people. That's why making big changes to