is something different at costco.ased on volume, not on price. >> absolutely. we're not a margin house we're a volume house our concept has always been sell merchandise for the lowest possible price and that's the way we run our business that's the way we run our business for the last 40 years, and that's how we will continue to run the business. and someone that pays for a membership expects to get the best price possible in the marketplace. and i think everybody appreciates that. >> well, i was going to say it seems like worldwide i know that our relations with china have been frosty i know when you opened a costco, there were thousands of people that signed up in china. other than in some places in america, it is the strongest of all your chain >> well, china has had a very strong start to the market we have five over there that are doing relatively well. and we have two more to open in the next three months. so we're -- we're bullish on china at the moment. and there is nothing to suggest why there is not greater

my thinking is you want to be long. >> a long costco.l right, we'll need a corkscrew for this next one, brian, sipping on constellation options ahead of results in a few weeks, so brian, knock this one back, what's the trade on constellation? >> well, costco is probably one of those consumer staple type stocks we were playing to the upside, constellation is something i want to play to the downside. and here's a stock that had a tremendous run in the late 2010s, and basically after this sort of inflation, sort of bubble that occurred, the stock has basically been sideways and it looks like it's breaking out to some degree but at the same time it's pretty susceptible, this is a stock, multiples above 20 p/e, just for beer, let's call it, right, basically their main brand, and alcohol and whatnot, to play that kind of multiple on a stock like this, i'm not so certain this has a ton of upside. i think it's got more risk on the downside. so, same thing like i talked about with bank of america, i want to buy a put spread here, play to the down

we've still got earnings on our shopping list in costco and constellation brands. as the saying goes, a bird in the hand is worth two in the bushel we'll look back on an iron condor that delivered precisely for us in fedex. this is play action pac live from the nasdaq market site, and live on the desk tonight is nobody. they're all remote! mike khouw is here, carter worth is here, brian stutland is here, and i am right here all by my little lonesome missing you guys. the s&p and nasdaq posted its worst weeks since march after fed said rates are probably going to say higher for longer and took a couple rate cuts out of the reevacuation, presumably for next year. that marks their third week of losses. but there's even more telling signs deeper within the market. so before we get to any trades let's go around the horn for everyone's take on where the markets stand, and carter, let's begin with you and the big picture to be seen in the russell 3,000. >> sure. tyler, in a way, it's the whole shooting match. the russell 3,000 represents 98% of the u.s. investable equity

now it's these are the items available at costco.alls? >> the kirkland signature golf balls i have played and they are pretty good especially at the price point. >> i like the trash bags. you get boxes of 7,000 trash bags. >> scented or not? >> you don't need them for two years, man. it's great. >> or a week in some of our cases. > nyounk y. >>ma more stories to get to after the break. stay with us. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley ♪ the thought of getting screened ♪ ♪ for colon cancer made me queasy. ♪ ♪ but now i've found a way that's right for me. ♪ ♪ feels more e

costco beat expectations. strength in food and weaker sales of nonfood, big ticket items. that weight on costco's online sales in particular, they overindexed. the cfo did said one ounce gold bars sell out in a few hours on the website, limit two per customer. but shrink is an issue with retailers because they're pointing to it in varying degrees. theft was largely in line with past years, at least as a percentage of shrink in the retail industry overall. target has quantified the issue and is closing nine stores due tost, target will close three stores in the san francisco oakland area. one store in new york city, in the harlem area, two in seattle, and three in portland. and three of those areas, as you mentioned, are also identified as top cities for organized retail crime by the national retail federation. also, again, largely urban areas. target says, quote, we cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests and contributing

plus i am not in the costco cult and people only buy at costco and nowhere else.lothes at costco, you wonder why you haven't got laid in three years. >> and if you live in the city, your apartment is not big enough. >> don't go away, be right back. >> thank you, thank you to emily on sedan, jumpstarting and you, you, you the studio audience. fox news at night is next. >> good evening everyone on jonathan hunt and for trace gallagher. it's 11 pm on the east coast. 8 o'clock in los angeles. this is america's late news, fox news at night. breaking tonight, the convicted murderer who escaped from a pennsylvania prison yesterday is believed to be at large somewhere outside philadelphia. authorities worn he is extremely dangerous. we will have a full report. some business owners have slammed a bill making its way through ca

even came up in a costco earnings call. how popular gold is.getting them in the aisles. you are actually having to get them online if you're lucky, if you're fast. and i love that. the website says they're not returnable. you know, what if the price skyrockets? i bet you can return it. okay. you can do this. does that mean it's a good idea? not necessarily. i mean, look, there's people who want to get into gold during times of an economic downturn that might not always be the smartest thing to do, but sometimes it's kind of when investing in gold, you think about the whole picks and shovels thing, right? during the gold rush and this might be a time where you think of a new type of picks and shovels, which is actually a company like costco or even walmart, which does sell gold bars as well, where if you look at their stock charts over any meaningful period of time compared to the price of gold, probably better off buying a share of costco or perhaps even a walmart than a bar of gold. i always go back to jeremy siegel's chart that shows 210 year

carleton and ben and al have good stuff including the gold rush at costco.right there. ♪ i've never been healthier. shingles doesn't care. but shingrix protects. proven over 90% effective, shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. ask your doctor or pharmacist about shingrix today. (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) n

in the world. >> you mentioned that costco reports every month.parable store sales. one of the most transparent of all retailers. i want to read this data in june, sales were down 1.4%. in july, up 2.5% then in august , it was up almot 3.5% what does that tell you about the sales for costco >> i think it means that the consumer is on a shaky ground. the consumer has been a little bit more resilient than we expected so far this year. with the resumption of student loans and the survey of 600 consumers with student loans, the average payment is $460 a month. that could take a chunk out of people's wallets i think the consumer environment as you look ahead makes you hesitant of the headwinds households in the u.s. are facing sd facing >> comp store sales ramp up as the student loan payments happen >> that's correct. >> according to the stat, 444,000, the number of holiday hiring which has been announced so far this year the firm that tracks seasonal hires this year to sink to the lowest level since 2008. i'm throwing a lot of numbers at you. is this

plus, i'm not in the costco cult. us iyou to be in a cult. yeah. where these people, they can only buy stuff at costcole. no. where else. yeah. i got a friend that buys all his clothes at costcelse o. l >> like, you'll wonder why you haven't got laid three years. >> like, also, if you livey you in the city, likhae, do. >> your apartment is not big enough to buy things from eng enough to buy things from >> yeah, everything's in bulk. i would put. i don't know about costco. okay, don't go away.'t we'll be right gk. back. >> this story couldn't be written in hollywood because it's so unbelievable. what made you decide that you want to speak out? i hold a very unique perspective that nobody in that courtroom ever held. your dad had told you he didn't go down to the channel that night. i do not think whatever storm he concocted was to kill my mother and brother. do you believe the killer is still out there? the fall of the house of murdoch streaming now on fox nation as part of fox. sign up now and get your first three months of fox nation for 199. do y

costco stock headed up about $3 a share after the cfo announced a solid quarter and said costco is note by theft . like many other retailers, he credits the strict entrance and exit policies at costco and the fact that people have to pay to shop there. costco stock up about $100 a share this year, taking you live to the numbers, pretty good day so far. are the numbers headed initially lower when that opening bell rang this morning, but steadily increasing since then. as you can see, the dow jones now up almost 200 points this morning. s&p 500 up about three quarters of a percent. the nasdaq also up about 100 points this morning. more than 3 million. hyundai and kia vehicles are being recalled due to the risk of engine compartment fires. the automakers are warning owners, others not to park in or near a building structure until the issue is resolved and at a dealership because the cars could suddenly catch fire. the recall covers more than 1 million hyundai and kia models, each between 2012 and 2015. you can use your vin number to see if your car is part of that recall. vietnam's leadin

courtney reagan, costco, stock is down 1% what do we expect after the bell in overtime today? gives us monthly comparable sales investors have a good handle on a big piece of the quarter the street is expecting 77.896 billion in revenue for the quarter on earnings of $4.79 comparable sales down 1.4% in june, but got better up 2.5% in july, 3.4% improvement in august evercore isi points out the quarter itself caps off a year with the lowest comp sale since 2017 for costco, but has growing traffic, growing membership. so a good setup going forward. membership fee expected to be worth $1.46 billion. and in membership renewal, that's one piece that is in focus. the possibility of an increase in those fees, the last membership hike was in 2017, costco usually hikes every five to six years, reluctant to hike the fee during this recent period of high inflation we're dealing with inflation is falling and he thinks the potential ty of the membership fee is coming in recent months. deutsche bank says we think it is coming, but more likely in december so we'll see if we get insight into

. >> costco call kicking off soon. consumer super in focus. that's going to do it for us here at "overtime. >> "fast money" starts now >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money. here's what's on tap tonight stocks sinking to multimonth lows the dow crashing through a key support level, but is this pull-back a sign of more pain or an opportunity to buy in we'll debate that. and bring you the names the traders are eyeing for an entry point. >>> plus, higher for longer? no, this time, we're not talking about interest rates the senate set to vote tomorrow on legislation that could keep marijuana stocks soaring what one industry ceo has to say about what it means to the path to legalization. >>> and biden and the big three. will his trip to michigan help or hurt the automakers and their employees? a live report with the latest. i'm melissa lee at the nasdaq. we start off tonight with the dow's big breakdown. the index dropping nearly 390 points today, closing below its 200-day moving aver

more on costco's latest hot item.d througugh chase with f freedom unlnlimited and bubuy a betterer plane sea. swswitch to a a king suitet, or b book a silelent retreat. silelent retreatat!? oh! ! hold up! earn bigig with chasase freem ununlimited wiwith no annunual. how do y you cashbacack? earn bigig with chasase freem ununlimited wiwith no annunual. i was like shaking you know, i was so scarered. when i i first reaeached out to jacacoby and memeyers. i dididn't know w if i had a a r not. as soon n as i got a a hold of attornrney, she e was very, , very nice,e, kikind. becacause of jacacoby and memey don't hahave that prpressure to o wor ababout a memedical billll or thingsgs ththat. if i knonow of any a accident, likeke, call j jacoby and d meyers, tht hehelp you. ifif you've bebeen in a seserios acaccident, wewe are here e for. cacall jacoby y and meyersrs. juststice for yoyou since 1912 >>> costco seems to sell everything and i mean everything and they're only adding to that reputation offering 24 karat gold bars.

why would costco be in the gold bar business? the worries of the nation. they see the consumer, they see the consumer tightening their belts, worried about their financial future. when you're worried about your future and you have some money, gold would be appealing. by the same token, guess what costco is also selling? emergency food supplies, survivalist food kits. i think they're keying into how worried people are. stuart: i think you're right. good story. show me peloton, please. i think it's way up this morning. lauren: yep. stuart: yes, it is. 5%. why? lauren: 5-year deal with lululemon where peloton becomes the exclusive digital content provider for lululemon and its 13 million members. they'll have access to workout classes starting in november. lieu allow lemon, remember years ago they bought -- i had to explain this to you a million times -- they bought the mere -- mirror, it was a fitness coach. it wasn't popular. they discontinued that. and now you see peloton, and that's why they're up so much. they're centering thei

and if you want to see this, go to costco. it is cheaper and better regarded than the premium brands. an ultra premium brand itself. a study on how to make these things better and cheaper. the proven plan for anything if it can save the club members money. only once did it end up with the brand version. everyone else, fair game for kirkland. they have done everything more than everyone else to keep consumer prices low. even at the cost of some of their suppliers. they are fighting inflation and they never came down with the competition. with gasoline going higher, save money. shop at amazon prime. millions of americans have to repay their student loans again. it makes everyone more value conscious. i kept thinking that there would come a day where we would return to normalcy. the kohl's cash program. closing the gaps. i still like going to target. it is more of a reality. these stocks say that they are in trouble. they are going to hire 38,000 people for the holidays. yielding 5.2%. walgreens has the 8.7% yield and just lost t

. >>> if you already thought costco sold everything you could want, think again. >> can you find gold its purest form. the gold bars are selling out in a matter of hours. the costco cfo saying gold bars have been sold online from time to time and is considered a safe haven. >> it's not in bulk, though. >> yeah, it's limited to two. i need to find somewhere else so i can get what i need. >> yeah, can i have a sample? just a little something. >>> we have a lot of golden sunshine across the bay area, across the golden state. we will continue to see that for today as our valley temperatures head for the low to mid-80s. tomorrow more clouds will be coming in and the showers will be arriving, especially in the north bay late in the evening. then we will watch out for off and on spotty showers throughout saturday, and the first snow of the season will be happening this weekend. we will talk about where. here are the highs for today. fairfield reaching up to 88 degrees, and most of us are feeling some of the same weather and some of the same temperatures as yesterday, with a high of 77 in oak

david: costco. let's switch to costco.n: they were down earlier even though they had better than expected earnings, but ten plus brokerages have raised their price targets, the highest is $680 which is $120 more than where we're at now. first, in my opinion, investors were disappointed that after six years costco didn't increase those membership fees. so maybe the thinking is, well, costco knows what they're doing because they realize how fragile the consumer is, they want retech. a higher price might make consumers say, okay, we can't afford concern. david: wish them the best. costco, go for them. lauren, thank you very much. former auto czar steve ratner is criticizing president biden for attending the uaw picket line. he's calling it flat out wrong. meanwhile, a mob of more than 100 teens ransacked businesses across philadelphia. this was last night, excuse me. police say they were coordinated attacks, organized crime. we've got the full story. and a new poll showing donald trump is gaining among hispanic voters. most o

he said, i will tell you it's not a problem for us at costco.ases because of shrinking, it might be because of the self-check out. they have big packages, it might be harder to run out with it, and you have to a member to effectively go out, shop and check out. to your point, target a little -- maybe about 24 hours ago did announce they are closing nine stores in four different areas of the country. they said we did what we could, to improve security, and we can't get a handle on it any further, it's too dangerous, and so they are closing the stores, including one here in new york city. what's interesting about that location, in the point of this discussion is it's also in the same flex with a costco. they are, again, not having the same issues that target is. >> it's interesting, many of the stores, it seems to me, these will have profound effects i would think on the surrounding community and the people who live there, who have come to depend on those stores for groceries or staples, or other things. >> exactly. in the release that target put

meanwhile, with the menendez case in the news, costco is selling out of these. yes, those are gold bars the retailer has been selling one ounce gold bars online for about 2000 bucks. even with a two per customer limit, they're being snatched up as soon as they're listed for the first time. >> we're hearing from a major league baseball pitcher recovering from a devastating injury. ryan feltner of rockies suffered a skull fracture and concussion when he was hit by a line drive back in may. he tells good morning america his four month rehab was slow and steady . >> daily activities were pretty tough in the beginning. i couldn't make breakfast, couldn't do anything really for myself. and then things gradually got easier. i think the biggest thing was balance issues. you know, there was vertigo in the beginning. >> later on good morning america , his return to the mound and how he explains his injury gave him a new perspective on life. >> now to the most dramatic video of the day. a bear crashing one family's picnic in the park. it was a very close encounter with a v

recently, check the label dream away mattresses exclusively at costco are being recalled because of possible mold exposure. the recall affects about 40,000 mattresses sold in twin, full, queen, and king, and california king sizes. the san bernardino facility between january 22nd april 20th. the product safety commission says that could have been exposed to water, allowing mold to grow. >>> a growing movement is looking to darken the city lights. it is called dark sky international. the goal is to advocate for better use of our lighting to cut down on light pollution. right now there are 27 dark sky communities and only two and california. a small group in marin county is trying to become the third this is the map from the dark sky west marin website the community effort to preserve the national c source sky. cutting down on light will better for wildlife. >> it takes a while to work and change hearts and minds of people to raise awareness of the issue, as many people don't know about it and i think in marin has been doing a really admirable job toward all of those ends. lead the gro

we see cracks -- another one that is just like costco. we got two price target boosts save for the price of tjx, tj maxx and marshals. a company that only does this well when so many other merchants are struggling. tjx buys the unwanted inventory of brick and mortar retailers for next to nothing and flips to you the consumer with a nice markup. it can be a vicious pile for the rest of the market. once you get tjx, you're not going back to the full price. not me. i got one right next door, and i love it. and we saw some big cracks at walgreen's last week when the ceo left. rarely a good sign. you don't leave when things are on track. plus, drug stores like walgreens has become monstrous. it's now considered the cost of doing business. they now need to lock everything by lock and key. you see it behind the glass. what is that? we don't have time for the clerk to come over with the key. i always feel bad about it any way. and the only thing that seems locked is the name brand, not the house brand. that's how it works in kiosks and aisles in

heart communism or costco?ything they don't like is a manifestation of karl marx. what karl marx would not actually approve of. that the twice impeached quadruple indicted ex president, another hour of velshi begins right now. good morning, it's saturday, september the 2nd. at any moment, president joe biden is set to head to florida to tour the damage caused by hurricane adalja, however, florida's governor and biden's would-be rival for the presidency, around, desantis has no plans to meet with him while he is there. biden's top rival, the former president, donald, trump has just entered his fourth not guilty plea. telling the court that he will not be appearing in person for his arraignment in fulton county, georgia, next week. as is his right. we will have much more of the twice impeached quadruple indicted ex presidents legal situation later in the hour.

shelby: when we think of costco and netflix, first thing you think of is the consumer.y have to have some exposure. but when you dig deeper, you realize costco will have the stickiness of of middle-income and upper income consumer. they also have a massive cost advantage when it comes to even their other wholesale competitors. they are able to constantly deliver value. customers know that they are not being shocked on prices, their membership is almost like an annuity for shareholders. the price increases are not very often and not very aggressive, so customers know that they're able to trust costco with that, and again, being middle and upper income, it's going to be sticky. you look at not flicks -- netflix, and competitors dealing with stress across industry, netflix, a lot of their content has not been as interrupted because they have more content in different geographic areas that have allowed them to continue without disruption. they were already cash generative, and so now, with slightly lower costs during the duration of the strikes, they have seen a greater inf

costco, let's talk costco. it is higher on earnings today.versation we were having off camera. jason, it's your stock. save us. >> yes. >> save me. >> will do. no, really, really like the report last night. revenue up 9%, eps up 16%. traffic in the store is up 5%. so i think in this retail mess where you see a name like target down 26%, walmart up 13%, costco has been the lead dog here. membership strength is there. their consumer base continues to be strong. so i really like this name. it's expensive, 35 times forward, but i think it's worth the price of admission. >> joey? >> you know how they say football is won in the trenches? this is the trenches. how is the consumer going to respond to higher gas prices and student loan payments returning? costco, which has been a constant in the etf strategy since november of 2020, they excel, they are winning, they are able to offer consumers the necessities, what they need. it's the economies of scale. they arewinning clearly. they're gaining market share, just like walmart is, from dollar free and

>> well, i think that everyone's questioning the consumer and it's really important that costco shows but also that they're able to still capture sort of the middle of the store, and i think you -- they could actually benefit over the next couple of quarters and some tradedown from some of the higher income households that shop at costco in that middle of the store, and so i think those will be areas of emphasis for earnings tomorrow. >> shares of costco are down almost half a percent and up 20% year to date. time now for final trades. josh, starting off with you. >> staying with ieo. i agree with most of the points that joe made earlier in the show about energy equities versus spot oil prices. i think he'll be right about that, and i want to be there. >> all right. shannon, you're up next. >> consumer staples. i think we will see a continued tradeaway from discretionary to staples and there is some brand power and pricing power within the staples segment. >> bill, it looks like we're revisiting one of your moves. >> adobe, this is where we plant the seeds and we're trading a $500 she

. ♪ ♪ >> if you have a costco mattress, listen up.ttresses sold at costco are now under recall after customers reported mold growing on them. ♪ ♪ >> norah: and an out of this world discovery is the first u.s. sample of an asteroid heads to earth. ♪ ♪ good evening and thank you for joining us on this friday night. we begin with the shocking new details in the federal indictment of a powerful u.s. senator. tonight the calls for new jersey's bob menendez to resign or growing, including from the governor of his state and from his own party. who say the three term senator needs to step down immediately. a grand jury indicted the democratic senator and his wife on three counts of conspiracy to commit bribery, extortion, and fraud in the case alleging he aided a foreign government and new jersey businessmen. the 39 page indictment just unsealed today is astonishing in its scope. prosecutors found hundreds of thousands of dollars inside the lawmaker's house, with cash stuffed in his congressional jacket with his name on it and then these gold

la cadena "costco" c poco menos de dos mil Ólares cada una.hispano tenemos razones para celebrar, hablamos de un beisbolista de las grandes ligas que ha alcanzado nÚmeros realmente histÓricos. ilia: acuÑa llegÓ a la marca de 40 jonrones y 70 pases robados, primero en hacerlo en la historia de las grandes ligas. sus hazaÑas vienen celebrando los venezolanos. reportero: es el batazo de el pelotero venezolano ronald acuÑa, haciendo su jonrÓn nÚmero 40 hace unos dÍas, en la noche de este miÉrcoles celebraron en grande. tambiÉn la celebraciÓn fue en la sabana, en un pequeÑo pueblo pesquero a orillas del mar caribe donde naciÓ acuÑa, cuyos habitantes se reunieron en una pantalla brillante para seguir sus hazaÑas deportivas. asÍ inaugura el pelotero venezolano el exclusivo club de marca de la que es el Único miembro, la marca de 40 jonrones y 60 bases robadas en una temporada que se ve por primera vez en la historia de las grandes ligas. >> sÚper contento por unirme al club 60 40. reportero: ya habÍa pasado por los 40 jonrones y 60 bases robadas, tam

but for this progress, pretty tells me that this quest to costco the slides. so we have some of the live. yes, of course us a full transistor from a guy or any of that. so we'll hit the user to with the sensor to plenty of. so you still at 8, it's me, it's night either this process of moving each voltage friction 3 should be the each see to you know, just so of shipment style, a pensive watch, a nation us so that the a shania or your personal opinion does cause them to send you sensors or with the look a shall go as a spell. yeah. and you know, fans, i'm going to dilute the slope with which the board got that i it's an image natural them, lots of let us pretty much the funniest with that. all the mostly to photo water sewage got my appeal which was income nelson and just not a portion limit that's coming in book a sales nor a couple guys with the new months of the fugitive in this there was no way of the current on the media opinion fleming are going to meet the risk of a job which was consigned to the post on the chart ditch by the shop. the the old one the m

here's one gift idea for the costco fan in your life. is now selling a costco themed monop game. the appropriately over sized board includes gold star member chance cards and game tokens in the shape of costco's popular food court items, a pizza and a hot dog as well as a shopping cart. of course, it's already sold out online, but you might still be able to find it in one of the stores as and a growing number of older american workers say they are facing discrimination in the workplace. new research found 30% of us workers say they experienced unfair treatment during the latter part of their careers. that's especially true when applying for a new job hiring experts say there are things applicants can do to avoid showing their age. those include only showing your last 15 years of work on your resume. avoid using old style emails like hotmail or aol and don't include the years you graduated from high school or college, only that you graduated. and that part can be helpful for younger applicants as well to not give away their lack of experi

plus, costco says it's not a matter of if, but when it will be raising membership prices. >> costco now planning to raise prices for members. costco is based membership. gold star has been $60 a year since 2017. the executive membership costs 120 year. costco executives have not released when they will implement this membership fee increase. but if they do, it will affect about 130 million people who shop there. someone in the south bay is a whole lot richer today. a powerball ticket that matched 5 out of 5 numbers was sold at this quik stop on stewart avenue in san jose. the prize amount for that is about $796,000. it's the only tickets sold in california that matched all the numbers except for that power ball. so the jackpot for powerball is now 925 million dollars. i'm sure it's going to grow before the next drawing on saturday. still ahead, where things stand as the federal gover >> time is ticking in washington, d.c., despite the fact that the senate just advanced a measure to fund the government through november, a government shutdown is set to begin on sunday. our dc corresponden

members, costco's base membership. gold star has been $60 a year since 2017. the executive membership is twice that $120. costco executives haven't released when they'll implement the membership fee increase, would if they do, it'll affect about 130 million americans who shop there. >> it's 10. 25 and colleges all across california are seeing a boost in student enrollment after years of decline due to pandemic. according to the state chancellor's office, several colleges reported enrollment in the spring. that was up 8%. college officials say that the growth can be attributed to dual enrollment from high school students and more interest in career-focused programs. although there is a boost enrollment was still down 16% compared to pre-pandemic levels. the chancellor for the california community colleges is working on a plan to boost their enrollment and to help connects students with jobs. it's 10 25 and tomorrow, piers. 39 turns 45 years old. and so they're going to be celebrating with a free event. they're going to

because costco and amd are helping on one side, but apple is weak again and amazon is under pressure as well. so is microsoft and tesla. >> got a little dicey here in the last few moments. a few days away from a new month of trading. the question on a lot of investors' mind is whether the low we saw this month will carry deeper into the fall. our next guest says fed's higher for longer messaging will remain difficult for the markets to digest, but he does see reason for optimism on the horizon. joining us this morning, yung-yu ma. people are starting to assemble a list of reasons to get more constructive, buybacks, positive earnings, seasonality. but how much can really be done until the rate picture moves out of the way? >> well, i think there are a number of headwinds that are still very meaningful. the interest rates, the fed messaging is very difficult still, but hawkish messaging and the potential for another rate increase, and longer-term rates are rising. all of those together present a substantial headwind, at a time when you have student loan payments being resumed. some con

segÚn el director financiero de costco, los lingotes de oro de una onza se venden por un precio cercanosus tiendas y en lÍnea, si quieren comprarlo, deben suscribirse y estar pendiente en la pÁgina web de cuÁndo los volverÁn a tener. carolina: un regalo de navidad, esa bolsa de santa puede estar varia[tocan la puerta] —— algo pesado,. [risas] borja: seguimos con mÁs, si ahora mismo tienes un vehÍculo kia o hyundai, esto es importante, autoridades alertan que varios modelos pueden incendiarse por una falla en el motor, incluso cuando el auto me estÉ apagado,. la llamada cubren mÁs de 3 millones de vehÍculos desde el aÑo 2010 al 2017, entre ellos, la santa feregiÓn de y el sorrento de kia, modelos muy vendidos y tambiÉn muy utilizados en nuestra comunidad. ♪ [mÚsica] ♪ . carolina: esto es insÓlito, una pareja de texas fue arsta por vender un animal exÓtico, y por intentar hacer lo mismo con jaguar en un estacionamiento en san antonio, los detenidos fueron identificados como rafael gutierrez pervan y su esposa, deyanira garza, ambos eran acusados bajo la ley, que prohÍbe la importaciÓn, tr

you mentioned costco, we haven't mentioned it but we like costco.t a double play. unfortunately it looks like the uaw strike going on a while. with the real possibilities of recession and protracked uaw strike could mean that we're going to have a shortage of new cars again, at least from the big three as we experienced during covid. means people will have to extend the life cycle of their new cars. cheryl: that is very, very true. obviously too, with the inflation story, we'll get the pce index coming out on friday a favorite gauge of the fed to look at inflation overall. is that something that you think, is that one of those reports you look at, that gives you kind of the sense where you want to invest your money or stocks you want to pick? >> it certainly does but we also think we're returning to a a little bit more normal times. what i mean by that is yeah we're going to have some inflation for a while, high inflation but we have to remember for most of this century we had really historically low interest rates. i had three children, all buy hou

. >> gold rush, a costco. why a hot new item is selling out fast online? >> and a live look at the big board at the new york stock exchange. another update on the markets next. cutting office space. >> the latest silicon valley company getting rid of some real estate and who's expected to move in. >> and stay with us. we're abc seven bay area streaming app seven at seven. what's the name of the show? i feel like i messed it up. it's too many sevens there. >> look, i've been saying this since day one when i saw julius and i got overwhelmed. >> i know, but he is going to be on our 7:00 show. >> this is our friend julius hamilton. all the things. and he is back in the bay area for a new show that opens this weekend. and we're so excited to talk with him and to see him so join us at seven. >> drew, i don't know why it's complicated. it's just abc seven at seven, at seven on abc seven and on the abc seven streaming app, seven. >> i mean, honestly, when in doubt, just say seven say. >> that's what i say. honestly you can't go wrong. >> seven and be like, okay, g

he calls the business the costco of gas stations. >> you go to costco and whatever item you have, you can't find it anywhere at that price. at the same time it is a good quality product. you keep going. it is pretty much the same idea. >> reporter: he relies on the volume of business. he didn't say how much the margins are but is able to set smaller margins to keep prices low. >> we hate the high prices is much as the customers. >> reporter: it is not good for business when prices jump. higher prices translates to fewer gallons sold. >> when they go up, people get sensitive. they get nervous. they use less. >> reporter: drivers know when prices are high, this place still offers the best deal. >> i make do with the smallest amount of margin. people are used to it and they trusted. they don't have to check around. >> nobody knows when prices will go down. experts say they may even go up further has northern california refineries send supply south until refineries impacted by tropical storm hillary come back online. >> at the prices are not enough to slow you, san francisco may stop you

a costco in. i'm a little afraid because they only sell, you know, giant things and i can't afforded i'm sure. >> well, this case, teeny tiny house. just a little one ounce bar. and i think it's a sign of the times. it's almost sold out instantly. obviously we'll bring it back what customers want costco a really unique retailer, especially heading into a slowing economy, are malaise economy like we have right now. in large part because i felt like i said, a lot of big things for cheap. plus, they have that membership, which wall street loves subscription models. costco has a very high percentage over 2% of people who still use that still have their membership even the year after they die >> okay. test that and you get will you could. you can invest in a little bit of gold or you could. it looks like it's time for bonds and treasury bonds, right? because when you look at the economy, what's going on? stocks seem like they're closing up and bonds are doing well. >> i 100% agree with you in the short

you go to costco, which is cheap, and you make costco expensive.hat is my kind of ipo so glad it's going to be priced right and going to pop i can't wait to pay even more than i'm paying right now. vision pro iso >> you don't want to pay $4.00 for rice, but you'll pay 3 grand for consumer electronics -- >> i'm going to buy it from t-mobile. >> oh, my god, with the t-mobile let's get seaver on the phone right now. >> we'll do it on commercial. >>> we'll take a break and talk instacart following arm into the ipo waters, talk about what to expect from the grocery delivery's firm. cruise lines, deere, del, of course, the strike when we return ...in real time. (jen) so we partner with verizon to take our operations to the next level. (marquis) with a custom private 5g network. (ella) with verizon business, we get more control of production, (marquis)ncies, and greater so our customers get what they want, when they want it. (jen) it's not just a network. it's enterprise intelligence. (vo) learn more. it's your vision, it's your verizon. every day, busine

. >>> if you have a costco mattress, listen up.8,000 mattresses sold at costco are now under recall after customers reported mold growing on them. they were sold under the novaform brand name between january and june of this year. safety officials say the mattresses can pose a health risk to people with compromised immune systems or an allergy to mold. consumers should contact the mattress maker, fxi, for a refund or replacement. >>> still ahead, special delivery. a nasa spacecraft gets ready to drop off samples from its seven-year mission to the surface of an asteroid and back. stay with us. e e are you gogoin? we have momoderate to o se ulcerarative colititis. thatat's the oldld me, before i started d taking zepepo. is that just one pill? oncece a day. old meme is still l catching p with the z zeposia me.e. zeposisia can help people with uc achieve and maintain remission. and has been shown to reduce symptoms in as early as 2 weeks. you're hiking the shorter trail l today, rigight? not withth zeposia.. don't takeke zeposia i if y

. >>> costco shoppers now have another benefit included in their membership.and more in today's money watch report. >> stocks open the week higher as investors await new inflation data this week. the dow gained 43 points, the nasdaq was up 59, and the s&p 500 gained 17 points. >>> two of the country's biggest poultry producers are facing a federal probe over possible child labor violations. the labor department is now investigating claims that migrant children as young as 13 have been working overnight cleaning shifts at both purdue farms and tyson foods. both companies deny claims of wrongdoing. >>> costco members across the country can now enjoy an added benefit. health care. the bulk retailer is offering members online checkups for as low as $29. it's part of a new partnership with sesame, a direct-to-consumer health care marketplace. last month, amazon announced amazon clinic, a similar model offered to its members. >>> and americans can now order free covid-19 tests from the government once again. this as the cdc reports case numbers have spiked recently,

mike calls his business the costco of gas stations. >> you go to costco, probably whatever item that they have, you cannot find it that cheap anywhere else. at the same time, it is a quality product, fantastic. so you just keep going. you just keep shopping. it is pretty much the same idea here. >> reporter: mike relies on the volume of business. he did not say how wide his margins are, but he is able to set smaller margins to keep prices low. >> we hit the high prices as much as the customers do. >> reporter: it is not good for his business when prices jump, higher prices to him translate to fewer gallons sold. >> when they do go up, people get sensitive, they get nervous, and they use less, they pump less. >> reporter: still, drivers know when prices are high. this place still offers the best deal. >> i make do with the smallest amount of margins. so people are used to it, and they trust it. they don't have to check around. >> reporter: nobody knows when prices will go down. industry experts say they may even go up further, as northern california refineries send supplies itself unt

el avión pueda acomodar más fácilmente sus sillas de ruedas y preste mucha atención que ahora en costcos considerado un ahorro según oro para los inversionista. el precio actual es de alrededor de unos 1.900■!. la onza, o sea, tal cual lo hicieron en su momento con el papel higiénico con el antibacterial. >> ahora lo limitan porque está haciendo una locura. claro qué fuerte es que analistas de 100 bc dicen que esto resulta atractivo, sobre todo para las personas que suelen prepararse para posibles catástrofes. así, así lo ven ellos. una forma de confianza, porque algunos sienten desconfianza en la moneda, en este caso el dólar, y prefieren hacerse de esos metales preciosos para garantizar su riqueza. >> claro que sí, porque en caso de alguna situación hipotética en donde no puedas sacar dinero en efectivo, tú puedes hacer trueques con, por ejemplo, esto a la antigua. >> de cuánto cuesta lo que cuesta lo del lingote, verdad? >> bueno, abre sus puertas. el museo del niño en modesto es un museo interactivo y que sus exhibiciones reflejan también la economía del valle central. si bien esto

costco is warning that membership prices could soon increase.a conference call that chief financial officer said today it's, quote, not a matter of if, but when. the current rates sit at $60 for the basic gold star membership, $120 for the executive membership, according to the wall street journal members, ship prices have not increased since june of 2017. this all comes as costco today reported quarterly earnings that topped wall street expectations. still to come tonight, a treatment could be on the way for long. covid plus. i've got all of my prescriptions here and i don't know what i'm going to do. disappoint in the bay area as target announces it is closing three local stores. how the company says crime is to blame. and a little bit of a fall-like forecast here in the bay area as we give you a live look outside on this tuesday night. chief meteorologist bill martin is back after the break to walk us we made it! bmo has arrived. hello? you said it. hello to more ways to save money, grow your wealth, grow your business. just what we needed, a

costco already received plaints.at the mattress tag for information. >>> when we come back, someone you met right here, and here's the clue -- willing to walk hundreds of miles if that's what it took. who is our person of the week? i've struggled with generalized myasthenia gravis. but the picture started changing when i started on vyvgart. vyvgart is for adults with generalized myasthenia gravis who are anti-achr antibody positive. in a clinical trial, vyvgart significantly improved most participants' ability to do daily activities when added to their current gmg treatment. most participants taking vyvgart also had less muscle weakness. and your vyvgart treatment schedule is designed just for you. in a clinical study, the most common side effects included urinary and respiratory tract infections, and headache. vyvgart may increase the risk of infection. tell your doctor if you have a history of infections or symptoms of an infection. vyvgart can cause allergic reactions. available as vyvgart for iv infusion and now