A Sam’s Club in Miami, July 7, 2025. Joe Raedle | Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual membership fee by $10. Starting on May 1, the warehouse club — which directly competes with Costco and BJ’s Wholesale Club — will charge $60 per year for basic membership and $120…
Rising gas prices drive more people to Costco for cheaper fuel. But the real benefit to the retailer is the additional sales that come from the accompanying in-store traffic boost. With the Iran war in its fourth week and U.S. oil prices soaring to highs not seen in four years, the national average for a…
It’s difficult to describe the U.S. economy in black and white terms like “good” or “bad.” On several fronts, the data says the economy is healthy. But surveys show American consumers don’t feel that way. “There’s no doubt right now that different data can show slightly different narratives,” says Heather Long, chief economist at Navy…
On Monday, under new policy included in President Trump’s tax law, Supplemental Nutrition Assistance Program (SNAP) benefits that have provided low-income Americans with more purchasing power in the grocery store begin to go into effect. According to one estimate, it is “the largest cut to SNAP in history,” a federal program which in one form…
