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  • Costco may hike its membership fees — here's how much more you'd pay
    Finance
    Business Insider15 hours ago

    Costco may hike its membership fees — here's how much more you'd pay

    Costco is expected to raise its membership fees by nearly 10% in the next couple of months. The warehouse chain's fees will most likely increase by $5, to $60, for its basic membership and by $10, to $120, for its executive membership, according to UBS analyst Michael Lasser. The fee hike could be announced Thursday along with the company's second-quarter earnings report, though it is more likely to come in the third quarter, Lasser wrote in a research note published Monday.

  • 'I got my head handed to me:' Warren Buffett sounds an alarm on Walmart and the entire retail industry
    Business
    Business Insider15 hours ago

    'I got my head handed to me:' Warren Buffett sounds an alarm on Walmart and the entire retail industry

    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.

  • News
    Kiplinger16 hours ago

    5 States Where Taxes Are Going Up in 2017

    Although President-elect Donald Trump has pledged to cut federal taxes, state taxes are rising across the U.S. as financially strapped states search for funds to repair deteriorating infrastructure and close widening budget shortfalls. Alaska currently has no income or state sales tax. Raising existing state taxes or imposing new ones could backfire if they lead to fewer taxpayers.