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BJ's Wholesale Club to Raise Annual Membership Cost, Ups Guidance
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.Business - The Wall Street Journal - 6 days ago -
‘Obscene’: Anger after cost of King Charles’s coronation revealed
Official figures put price of event at £72m but anti-monarchy group Republic says real cost is likely much more. The coronation of King Charles in May 2023 cost taxpayers at least £72m, official ...World - The Guardian - 6 days ago -
Spain fines 5 low-cost airlines €179mn for ‘abusive’ practices
Ryanair hit hardest as carriers ordered to stop charging extra fees for hand luggage and adjacent seat reservationsWorld - Financial Times - 6 days ago -
Trump's tariffs could raise the cost of generic drugs in the U.S.
The cost of generic drugs for many people could go up if President-elect Donald Trump follows through on his promise to impose sweeping tariffs on products from China and other foreign countries, ...Top stories - NBC News - 5 days ago -
Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.
A president has little control over global oil markets, economists say.Business - The New York Times - 4 days ago -
Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.Business - The New York Times - 5 days ago -
‘Wicked’ and ‘Gladiator II’ Jump-Start the Box Office, but at a Cost
Battling a 27 percent decline in domestic ticket sales compared with before the pandemic, studios left no marketing drum unthumped in releasing the movies.Business - The New York Times - 3 days ago -
BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.Business - The New York Times - 17 hours ago -
Aggressive Temu and Shein Drive Up Online Marketing Costs
The Chinese e-commerce companies are pushing up prices for the keywords retailers rely on to attract online shoppers on Black Friday.Business - Inc. - 23 hours ago -
Two-thirds say Trump tariff plans will add to rising costs: Survey
Over two-thirds of Americans say President-elect Trump’s plan to impose tariffs will add to the rising costs of goods, according to a new survey. The Harris Poll, released Wednesday to The ...Politics - The Hill - 21 hours ago -
Hugging Face’s SmolVLM could cut AI costs for businesses by a huge margin
Hugging Face launches SmolVLM, a compact and efficient vision-language AI model, offering businesses a cost-effective solution for advanced AI implementation without sacrificing performance.Tech - VentureBeat - 18 hours ago -
French sovereign borrowing costs rise to highest premium in 12 years
Government faces risk of collapse over planned austerity budget. Business live – latest updates French sovereign borrowing costs have soared to the highest premium since the eurozone debt ...World - The Guardian - 17 hours ago -
These are the swing states where groceries and housing cost the most: ‘People are still stuck with sticker shock.’
MarketWatch looked at affordability challenges for swing-state voters. Here’s what we found.Business - MarketWatch - October 29 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
How much does a $200,000 HELOC cost per month now that rates are dropping?
HELOCs come with lower interest rates than many alternatives right now - and they could fall further in November.Top stories - CBS News - October 30 -
This election could deliver ‘a real chance’ to rein in child-care costs, Elizabeth Warren says
Access to affordable child care helps boost both the economy and families’ wealth, Sen. Elizabeth Warren said in a new interview with personal-finance author Tori Dunlap.Business - MarketWatch - October 31 -
Lead poisoning costs world's children 765 million IQ points a year: Study
Low-level lead poisoning remains pervasive in the U.S. and world populations despite decades of efforts to end the use of lead in infrastructure, according to a study by researchers at Columbia ...Politics - The Hill - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31