um and then letting costco take it from there. the last not sitting in, not knowing the rules, not reaching your goal. this feeling runs through all of kafka is works. the capital k, the hero of the story receives a job as a surveyor from the account of a castle. the cable never get there and the residence of the neighboring village cannot help him either. man versus bureaucracy. typical kafka, the judgment, the story of a father's son conflict many have read it as auto biographical cost. this reaction to this. i'm not sure of that either. the trial yoseph k is arrested, doesn't even know why. it's just a real situation. joseph k is drawn into a nightmare swapper and without knowing the reason for the accusation of whether there will even be a verdict or he is constantly receiving information that he cannot assess. how would i bought it? his and the information appears contradictory, and the information constantly raises new questionnaire. that's the crazy thing. every time we get something, um, so it immediately raises a new ques

. >> steve: costco the price hike. bulk retailer the latest to cave to the pressures of inflation under this president. fox business host stuart varney, also a costco member as i am, will join us live. >> brian: i want to see his card. >> steve: he is a card carrying costco guy. >> brian: does anyone carry the card anyone? >> lawrence: second hour of "fox & friends" begins right now and remember mornings are better with friends. >> brian: president biden heading back to the white house today after trying to appeal to a black voter or excuse me black voters at a dinner for the detroit branch of the naacp. >> lawrence: just one, brian. >> lawrence: peter doocy live from the white house. >> steve: peter has a costco card i believe in his pocket right now. >> ainsley: and brian is a catholic. >> peter: the picture is fuzzy. i have to get it taken again. >> steve: the picture is small. >> peter: committee can do. what we saw over the weekend is president biden's new strategy to try to win black voters and a sizeable portion

who is the loser when costco gains?harita: certainly target had a soft quarter when they reported the other day. so, target is likely a victim here. they are also some of the larger big box specialty stores. it could be in sporting goods. it could be some of these grocery players as well that are certainly losing share to costco. we expect cosco's numbers to be strong, but it is also important to remember that we are in a bit of a k-shaped economy, where there are people at the high and doing very well, and that of course is cosco's core shopper. the very affluent, and hundred thousand-plus income shopper. that consumer is experiencing record high stock valuations, great 401(k) numbers, so they are going to be spending at cosco and buying those gold bars, whereas at the lower end of the economy that is where the consumer is absolutely trading down. they are substituting. they are looking for the private label items that are often the higher value goods. lisa: this it speaks to what we saw earlier this morning with cole'

kristina partsinevelos with costco. >> costco's been a hotly-watched stock and the channel has been aone and investors have high hopes for the stock and they're expecting $3.70 earnings per share and 57 billion expected and we'll see if its resilience has held up and we are hearing from walmart and target and discretionary pressure and costco has been able to withstand that and turning to it for cheaper options. >> thanks so much. >> what do you think about this costco report? >> it's expected to be a net winner in this environment. everyone always says costco, is also expensive and never gets a chance to get it cheap and now it's 47 times forward earnings and it has not been this expensive ever so it better live up to it. i don't know that it's necessarily going to be the verdict on the overall condition of the consumer and it's much more verdict on costco's ability to execute in a more price-competitive world and kind of a value-oriented customer. so we'll see, you know the monthly sales in advance and sometimes it's not a lot of suspense in the actual number, but we'll see how it g

they say, we're not going to beat costco.ou've got this big three of really just, like, they're the grim reapers of everybody else and i thought that target's numbers were just okay by the way, i struggled yesterday. lowe's, we had marvin ellison, do-it-yourselfer not doing that much home depot was not a great quarter. they're catering to people who make toll homes. i'm saying that this may have been -- this may have been a quarter where we recognize there's a separation there's separation and walmart is really it shall t -- take a look at that stock price. >> citi points out we haven't yet hit the steep traffic comps, the declines we saw when they had some of the pride merchandise. >> yes now, look, i think target's -- is good, and by the way, their numbers, the sheer volume versus 2019, is terrific. but they seem to be late to the rollback i mean, they rolled back monday? walmart rolled back gigantically, and costco, by the way, because it's so important to be in their stores, they're calling them up and say, you guys are s

let's 1st look at who from costco was the product. costco was born in august 18, 83 to 2, herman speaking george, paris. she is an excellent student, but constantly plague by stuff down. am i good enough for everyone? notice that i am actually completely incompetent. maybe that's exactly why fonts choose as a down to earth profession after school one that doesn't overwhelm him, an insurance employee. he goes through mountains, the files and when we left the writer out at night to write stories of fragments of novels and tons of letters and diaries. he also draws they are 13 years or periods wherever, you know, almost day by day what he was doing the weekend from this things see the development of the human being is saw, his slots, spain and his relationship is his father, the relationship with his father, a painful chapter in the eyes of had mon kafka, a successful businessman, france is never enough. one day friends writes a letter to his father over a 100 pages long, in which he finally wants to clear the air about their troubled relationship. i skinny frail, frank child, you strong to

costco is expense difference even by costco standards.o if you have a get a run up in the stock, it would probably be prudent to trim it back. >> you wonder if they will do a split. stock price $818. maybe some should go in the dow. >> well that would be nice instead of some of the soths wear companies. and they also have the special dividend which last year was $15 a share. and don't do it every year. but when at the do, it is really quite -- >> run upmore impressive than it looks. so maybe looking for opportunities to add. dell hasn't been a great day, stock trading somewhat lower into the print. but on a 260% run in the past year. they are look for a pc refresh. and talk about the hype. and a fun raenaissance story as well. >> and and it reminds me of microsoft. they are in the sweet spot of the ai hardware story. they have not only servers, but will be listening to storage rereferring and guidance on pc margins. but i think that the street may be underestimating the pc upgrade cycle. if so i think that they will continue to perform we

i know people who love costco.ow should an investor be thinking about it, are you buying it for the groceries, the food business? stephanie: for now i think that is where you can see the growth. i also think you could see expansion like i said internationally and i think they are known for the cheaper gas prices and we know that oil has been more elevated lately and more risk of that continuing. it is a pretty diversified play and so i think the biggest hang up is the fact that it is certainly seeing a big price increase. there is a small, pure speculation of me that wonders if that can be us but that yes it a couple times. katie: we have definitely seen an uptick as well. costco now sells gold bars like crazy. a little bit of a play there as well. really enjoyed this conversation. great to see you. that is stephaniie guild, robinhood head of strategy. now we are going to look at our social climbers segment up next. this is bloomberg. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymo

but why would costa coffee, costco, ho. 110. >> no. >> costco? >> costco? >> costco?d gig. >> costco a really good gig. >> lbc we're i'd imagine the money's pretty good. yeah. for this. it just seems i might not even. >> my question is, why would you try and sound for the conservative party? i mean, my god, the fact of the matter is, the party have entirely lost its ideological direction. you know, again, the idea that the conservative party is any kind of principles is absolutely ludicrous. and then you've got somebody like ian del with so much principle , in my view, then much principle, in my view, then standing in election and then actually giving up entirely . actually giving up entirely. >> well, well, aren't the conservative party the most successful party in the history of european democracy? >> they are successful. >> they are successful. >> why do they keep winning elections ? elections? >> and as alex predicts, they might win again. >> they are absolutely not going to win this year. i think that's crazy. i also think what's interesting about this is so i ac

him a surprise birthday party at his local costco in tennessee.realized, wait a minute, this isn't a coincidence. happy birthday to him! and finally, one epic jump. >> yeah, a group of all women skydivers set two new records here in the sky over australia, jumping from 14,000ft. jumping from 14,000ft. >> the 24 women gathered in fre deep down, i knew something was wrong. since my fatigue and light-headedness would come and go, i figured it wasn't a big deal. then i saw my doctor and found out i have afib, and that means there's about a 5 times greater risk of stroke. symptoms like irregular heartbeat, heart racing, chest pain, shortness of breath, fatigue, or light- headedness can come and go. but if you have afib, the risk of stroke is always there. if you have one or more symptoms, get checked out. holding off on seeing a doctor won't change whether or not you have afib. but if you do, making that appointment can help you get ahead of stroke risk. contact a doctor and learn more at notimetowait.com ♪ ♪ yeah i'm up on a cloud ain't coming back do

are you interested in buying costco? >> right.art: i ask because you're in florida, i go to florida a lot, i love costco, you know? >> costco is a firm name, right in we own it in our portfolio. it is a name that we like. on a pullback we would. you know me. on up somedays -- days, i'm not buying, i'm letting it ride. i'm fully invested, so i'm ling it ride. on the days we see pullbacks, we'll put money personally as well as for the firm, but costco is a core name. it's a name that we hold, we own and held it,if certainly on a pullback -- stuart: i like costco. i'm going to go there soon. kenny, have a great weekend. see you next week. >> you as well. bye-bye. stuart: coming up, governor kristi noem defended shooting and killing one of her dogs. roll tape. >> all i've done is one. stuart: i've not seen anybody support you on shooting the dog. >> i'm honest of. well or, i've or heard a lot of people that say, listen, this was 20 years ago. stuart: dave portnoy is a dog lover. i'm going to get his reaction the kristi noem in the nex

where are they not spending dollars, and is it a costco? >> i don't know. >> i have no idea, but it's got to be from some place. >> i think a lot of it is probably going to be at the expense of grocery. and if you think about where walmart, you know, really has been in a great environment, walmart doesn't say that they love inflation, but they love inflation, i mean, this is great for the top line. i guess -- i feel as if there's sustainability to that -- to that customer and to that new demo. and i think it actually goes back to target. because of all the stories here, if we are in a world where we've overcome some of the inventory dynamics, we believe the consumer -- there's very different strata within the consumer base, but target certainly has had access to that same more affluent consumer. target trades actually, that's one even more of a discount relative to walmart than it's ever been, and that's something that is very interesting to me. i think -- and you can see that target, which reports next week, had a halo effect from walmart,

you got to get to costco dollar-fifty. family could feast on that. exactly why it's so popular. >> that price, by the way, hasn't gone up since 1985. so by all rights, they they could have raise the price. but it is a little cheap. i mean, that's it's amazing. it is. it's a great value. which is why so many people love it. i don't like it because like the pizza, everything so big and so cheap. i feel like i need to eat at and then again and then i'll feel you can use to gain a lot of weight costco. i like that. ice officers. >> i-10 26 right now. and coming up next on the kron, morning news, a solar project in the east bay. >> could save you money in the next few years. we'll tell you how. 10 29 right now. if you got to get away, it looks like it's pretty clear for friday another. sunshine far as the eye can see. john, good morning. and that sunshine, something that last night was certainly nice around sunset time. gorgeous out there after what was a warm day yesterday. >> we've got one more really hot one today and then we get some weekend relief. t

well, relief this morning for costco members. not be changing the price on his beloved hot dog combo anytime soon. costco's new chief financial officer gary belcher. miller chipped confirmed yesterday that the retailers hot dog and drink will stay had a $1.50. that price has been untouched since 1985. loved that. dot there were rumors swirling that the president have to go up because of inflation. but costco says the price is going to stay the same for the time. i've only ever had the beloved pizza. >> yeah, i've never had to cut. and the soft serve ice cream. -> okay. nice and everything it. 26 right now. plenty of that. so the couple morning is a solar project in the east bay could save you some money over the next few years. we'll tell you about it after the break. a 29 right now. we're checking out the weather for you on a friday going into the weekend. we are. we've got john shrable standing by with a look at that. good morning you, guys. yeah, it's a beautiful weekend. forecast ahead of us. a little break from the warmth. >

it reminds me of costco.y have both offensive and defensive character mistakes and walmart starting to get there you see that in the multiple now and one thing we haven't talked about is traffic. the traffic was up 4% on a two-year basis. traffic is the proxy for retailers health and they had a great quarter. jonathan: is this something you're seeing the cross discount dealers are they moving in the same direction? chuck: there are a lot of similarities between costco and walmart on the top line and bottom line. the common denominator is really price and value. they are leading in both and that is paramount right now when consumers are really frustrated with inflation. their ability to windows 7 and. jonathan: topic of the moment? chuck: we like dollar general. we think they will have a good first quarter. there is a lot of debate in the stock. we still like walmart and costco. jonathan: appreciate the update. chuck grom from gordon haskett research advisors llc the speaks of the macro backdrop of the moment.

. >> yesterday, john costco, or maybe it was the day before costco announced that it's going to raiseo be more in line with some of the other gas stations you see around town, yet they're still going to keep them lower. is there going to be any trouble for costco's demand? >> i you know, i can't speak to what costco is going to do. i can tell you that commonly places like costco or some of the grocery stores that give you discounts with your shoppers club card, typically a good way to go if you want to save money. and they do that because they know that if you spend money there through gas, you're likely to be incentivized to go in the store and shop. but the interesting thing is where you can find the lowest gas prices. we always recommend get an app, the triple a app, for example. you can really find some good deals in your area, and prices do fluctuate in the same city that you live in. >> i know triple a watches gas price trends over the years. do you think the trend is going up? more people will be traveling. in other words, has the graph been going up, leveled off or going down?

quick one on costco.hikes for some popular items but not the $1.50 -- lauren: hot dog combo. stuart: and a 20-ounce drink. lauren: i believe it'll be $1.50 if the founders have their way so that's not moved in price but some prices have gone up so gasoline at costco could cost you more, cheaper than local competitors but costco increasing the price. also for olive oil, their kirk land brand olive oil. will membership go up is the next question? they have 132 million card holders. it's about time, historically when you look at when they increase the membership fees will they do it soon? stuart: costco is still a bargain any way you slice it. a buck 50 for a hot dog and a drink, can't beat it. check the big board please in business for five and a half minutes down 40 points. 39, 959. dow winners headed by at this moment, amazon, microsoft is second, american express, intel and salesforce on that list. here are the s&p 500 winners topped by norwegian cruise lines , for heavens sake, carnival corporation, joh

and honestly love costco. i'm probably going to costco >> george: good morning america. testimony that captivated a courtroom. could it shape the white house race? stormy daniels on the stand. the adult film star at the center of the criminal trump trial testified about their encounter. y

some relief for costco members. not change the price of its beloved hot dog combo anytime. soon. costco's new chief financial officer confirming yesterday that the retailers hot dog and drink will stay at a buck 50. now that price has been untouched since 1985. rumor suggested the price might change due to inflation. but costco leaders say the price will remain unchanged for the time being what a steal. and if orange juice is part of your daily breakfast or mimosa brunch, listen up. farmers in south america say extreme heat and citrus disease are taking a toll on the crops. analysts have warned the problem problem is likely to wreak havoc on orange groves around the world for some time. prices have already nearly doubled in 2 years. and some producers are now considering using mandarin oranges to produce o j. tesla is issuing a fix for more than 125,000 vehicles du to a malfunction in its seat belt warning system, the national highway traffic safety administration says the seat belt warning light and audible chime m

this neo costco summer palace was designed to run 1825 for the prince, karl of prussia. he was thrilled by the beauty of the costco world and wanted his very own roman style country house in berlin. the gardens included in the laundry greenhouses courtyards, fountains and even a casino no. gonna lie. i could definitely imagine living here in this palace if you'd like a little remote option, then you have to check out the cool divide hunting lodge palace. this palace is tucked away in what feels like the middle of nowhere because we're completely surrounded by lakes and forests. but we're actually just a few minutes drive from the center of portland. this is the oldest preserves castle in berlin. completed in 1543. it's a place for berlin royalty to come to hunt. let's check out the hunting depot. although i imagine it's not going to be very budgetary and or begin friendly. the intense sometimes before uh, the hunting starts, we had checked. who would show which floor or the, or the barons the princess of the king had the right to hunt deer so far as the and all my men in

she does not shop at costco. it would not be a birthday party without a cake.y birthday to you ♪ ♪ happy birthday, dear clint ♪ ♪ happy birthday to you ♪ >> oh, my god. >> everything you need for a party is at costco. come on. >> well, and more, you know. even a clown came to make balloon animals because clint loves costco, goes at least once a week, which is a lot because ma mayonnaise jar? >> man, he is how much do you need to go for that mayonnaise jar? >> man, he is spaving. >> the show comes full circle. >>> all right. coming up, we all love the minions. prepare yourself for the mega minions. check out the trailer for "despicable me 4". >> trends for making the transition from spring into summer. gardens, vacations and more. we'll do it right after your local news and weather. ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, de

costco's prices are down one direction, targets are going another.says target shoppers will soon see marked down prices on a long list of items beginning this summer. they include milk, meat, bread, fresh fruit and vegetables, and paper towels and pet food. target says it's hoping to attract the growing number of u.s. consumers who are on a tight budget due to inflation. >> on the whole, other end of things, an upscale los angeles grocery store chain is going viral for selling a small bag of ice for $30. if you've never heard of erewhon, you have not seen my instagram feed. it is a ritzy market that's known for its $20 smoothies, among other offerings focused on health and wellness. so this pack of eight spherical ice balls melts slower. apparently than what we can make at home. it also keeps drinks colder than regular ice cubes. the balls are said to be hand-cut from a 300 pound block over the course of three days. i checked, there's nothing special inside. there's one ingredient water. the ingredient is water. i thought maybe they added something t

walmart offers less expensive prices, costco has been a bargain. both will do well.how the market will react to target, macy's, and nordstrom. they have billions of dollars they sell. but and they do offer real value. i don't know if that's enough. target yieldings s almost 3%. nordstrom flirting with going private. i wonder if it has the cash flow to get a deal done. macy's is the most intriguing, they added two board members. the question is does that end a possible $24 takeover bid that had been widely talked about. it's not clear. i do know this, if it weren't for the activists muddying the story, i think the company has made a case for affordable luxury with bloomingdale's and current ceo spring. i'm guessing macy's will be given time to work magic. the $2 stores, very confusing, dollar tree and dollar general, known for lower prices but is the price of costco's membership too high for dollar shore stoppers? if you can afford the up front payment, you know what, so does walmart. the dollar stores are able to offer something that can match or exceed walmart when

also announced today, costco is now an on demand option with uber eats and a major change coming to the las vegas strip, the mirage casino shutting down this july resort has been the staple of the strip since the 90s. it's going to be replaced by the hard rock las vegas, which is expected to open in 2027. this is the second time this year that a strip casino has shut down tropicana closed in april to make room for the new baseball stadium, which will be the future home of the a's. we hope or they hope, they hope, they hope. up next, the santa cruz beach icon is celebrating 100 years at the boardwalk. we're going to take you there and let's show you inside rockefeller center lester holt preparing for nightly news. one of their top stories, child care crisis in the u.s, how families are trying to cope with the skyrocketing cost of day care norman, bad news... i never graduated from med school. what? -but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year.

and that's why he was in showing that taking costco is not russia's goal most. chris says it's actually about seeking to create a buffer zone to ensure the safety of its border regions. what is happening in the cock of direction is also default. ukraine is showing residential areas of the board of territories, including belgrade. civilians are dying. it's obvious that shooting right into the center of the city. if this continues, we will be forced to create a security zone. that's what we're doing. as for the city of car cost, we have no plans of taking cock of today. but with great to last is on the battlefield. a new neural mobilization has now come into force in ukraine. this is that just ation that requires all conscripted 9 age between the ages of 1860, to update that personal data within 2 months. that's without having to wait for a summons. it's also going to cancel the delay of service that employees of the defense ministry enterprises were live previously on. the rule has expanded. you can actually deliver the summons and now includes heads of education

celeb lookalikes ad controversy costco hot dog price or massive clear lake algae bloom? we'll tell you lake algae bloom? we'll tell you all about the story. ( ♪♪ ) you made a cow! actually it's a piggy bank. my inspiration to start saving. how about a more solid way to save? i'm listening. well, bmo helps get your savings habit into shape with a cash reward every month you save. both: cash reward? and there's a cash bonus when you open a new checking account to get you started. wow. anything you can't do? ( ♪♪ ) mugs. ♪ bmo ♪ what winter has given lake shasta a large boost. this is, of course, a big deal because the lake's a big player when it comes to our water supply. so just how much water did it receive? meteorologist vianey arana is here with the latest numbers for us. hi, vianney. hi. i think it's always a fantastic time right around the drier months to check in on how we're doing levels wise. now. shasta, of course, is california's largest state reservoir, and it's important for things like irrigation. you said it our water supply, but especially during those warm

. >> do you think costco is too expensive? >> costco is always expensive.now, on a relative basis. it always trades at a high pe multiple or ebitda multiple, whatever you want to look at. i've been covering the stock for about 20 years -- over 20 years now. >> wow. >> and it's like almost the perfect stock chart that you would like to see over time. it's just up and to the left. and it looks really good. it always looks a little expensive, but you know what, they got more affluent consumer. it's a membership model. it gets you to the store. they have about the best traffic to the stores that we've seen in years. and they continue to put that up month after month. as you see in their sales reports. >> there's usually bad traffic around costco stores in my experience because they're so popular. >> they got so popular, nobody goes there anymore. >> right. >> let's talk about dollar general, third onyour list. different kind of retailing model there. >> yeah. definitely. dollar general is definitely more of that fill-in trip for that lower to middle income cons

stuart: more people are cooking at home, and that's helping costco. really?the groceries, the food that costco sells in bulk, right? overall revenue, 58.5 billion. on online sales up almost 211%. guess what people -- 211%. guess what people are buying online? gold, silver, gift cards, which i think is weird, but nonetheless, and appliances. management says, look, we're going to increase our membership fees, that's going to happen, but they will not say when. the question is, why not? because they know that's where people go for value, and they don't want to tick off their 75 million paid subscribers who might feel like they're getting a deal because it's been years since costco increased that membership fee. the all-time high, which was yesterday, 819. this is a company that's firing on all cylinders. stuart: it sure is. dell, computer people, they're down big today. is that 17%? if yeah, it is. lauren: yeah. almost 18%. margin pressures. the cfo said gross margin rates will decline by about 1500 basis points -- 150 so this is a selloff on reduced profitabili

williams and we will get earnings from the lights of costco. lisa: retail earnings will be interesting over consumer appetite given the fact that we get costco and dollar general and in gap and a summit retailers. do we get a sense they are facing consumer reluctance to spend and is it idiosyncratic? that may be the better tile. annmarie: see what costco comes in at given that we have heard from walmart and target and starbucks and possibly a more discerning consumer. but williams is very important and it comes before pce. and what mike mckee always says that it is a chance to potentially have a tweak of a policy or make a statement. jonathan: we two to dot plot and american airlines. yesterday closing lower by 13.5%. we asked the question, is this an airlines problem or an american airlines problem. based on the communication we have from them and united in the last 24 hours it sounds like an american airlines problem. lisa: there is more intel on what happened to the chief commercial officer being fired. there was a scathing report about how

it's in its most recent earnings report, costco's ceo revealed gas prices at costco will soon be more is something people look for, and reports show costco has quietly increased the price of some staples, such as olive oil, and is now even considering raising its yearly membership fees by as much as $10. while costco's prices are increasing, targets are going in the opposite direction. target announced shoppers will soon see marked down prices on a long list of items beginning this summer that includes milk, meat, bread, fresh fruit and vegetables, paper towels and pet food. target says it's hoping to attract a growing number of u.s. consumers who are on a tight budget due to inflation. i'm pam cook. that's a look at your dollars and cents. >> all right. let's get out the door here. 750 checking in the traffic center and saying, good morning again to sal. >> all right. and good morning to you both. right now we still have a slow traffic beginning to develop in the silicon valley on 101. and 85 and 280. not serious problems, however we do have slow traffic. to be sure. east bay commute

how many people go to costco or b.j.'sam sam's club and sk up on so much stuff. >> ainsley: costco saying going to increase prices. keeping 1.50 hot dog deal. when they're increasing price on the -- what did you say yesterday in the virgin olive oil it's going up to like $25? >> lawrence: that's right. to that point, ainsley. that's what i worry about with these cost cutting. it doesn't seem like they can afford to do it. is it sustainable. i think to the company's point. they will try to do whatever they can at the moment. we have talked with some guests about. this it looks like a lot of folks living paycheck to paycheck. and they display what is happening in biden's economy. watch. >> this administration, promised me a cap sit toe but handed me instead of a cup of joe overflowing with inflation. >> i do most of the shopping in my home and the prices were through the roof. >> inflation is still out of control. there is no relief, any, you know, insight. is he not doing anything. >> inflation keeps going up so everything

lauren: are you a costco member? zero soother you are -- no.-- lauren: you borrow the card, got it. do you have the uber eats app? stuart: not. lauren: all you have to do is get it -- >> do you have uber? stuart: i do, actually. i've never used it. lauren: i'm not a costco member, and i'm able to order on uber eats. you can get most items member or monominute. uber's doing one more thing. i said netflix owns streaming? uber owns ride sharing. they need to widen out their base. they have uber shuttle, i love this. if you are going to the airport or a concert, many other people might be, they have these shuttle vans that can fit 40 peoples and you get a -- people that you get a traction of a price -- fraction of a price -- stuart: if you're prepared to sit with other people. lauren: that's why you go to a concert, to be around people and the excitement. >> i'm with lauren on one. i'm okay with that. lauren: you could -- well, i'm not going to say it on t. you could preparty in the -- >> bring a roadie? is that what you said, lauren? [laughter] st

it's kind of like the costco $ 1.50 hot dog combo. stuart: but it didn't do costco.auren: because it's only one small thing that costco sells and endless breadsticks at olive garden was just, you know, like the appetizer. you would still order an entree but people were coming into red lobster abdomen only eating the $20 shrimp deal. didn't work for them so red lobster about a week ago told us they were closing dozens of stores and now it's official, they are seeking bankruptcy protection to try to turn around their fortunes. stuart: if you were offered unlimited shrimp for a specific price you'd pour in there. lauren: that's what they did and they didn't buy anything else and red lobster suffered as a result. stuart: don't forget to check out the fox business rundown podcast. the first episode premiers today you get new episodes every monday and friday, episodes will be available on fox business podcast.com, apple, spotify, or wherever you download your favorite podcast. coming up, trump is demanding biden take a drug test, before they debate. roll tape. >> i'm going

costco, though, is closed. so just get that out of your mind.ent offices and buildings are closed as well. which means no mail delivery service. today. the postal service's not working on memorial day ups. fedex. they're also not going to be operating today as well. many of those who left for the holiday are going to be returning today. a lot of them on the very same day. expect a lot of traffic on the roads. a lot of packed terminals and airports to triple a says this afternoon will be the worst time to drive. they say the best it's best to avoid anytime between 3 and 07:00pm because just going to be gridlock, they say wait till after 7 tonight, things will start to lighten up for you. travel times are going to be up. they think about 90% longer than usual. so oh, my gosh, 100% healthy, like double. so it's pretty much just called a drive time basic. you don't want to do basically. >> and you definitely want to fill up early and try to get the cheapest gas that you can now statewide. the average is $5.12 a gallon. the national do you want to kn

we'll her from costco and nordstrom after the bell tonight.ark, what's your reaction to the earnings season here? >> i guess when we look a little more broadly at the consumer, what this means, what it shows us about the consumer is that consumers are becoming a heck of a lot more discerning, becoming more price conscious, they are trading down and we saw that in target shoppers becoming walmart shoppers, we can see that if you look at walmart specifically. rather than buying the bag of doritos, consumers are buying the walmart brand ranch flavored corn chips, whatever it might be. they're trading down within the stores as well. you look at a lot of these companies, look at dollar general, that's a discount retailer. discount grocery chain essentially. they've had their struggles over the course of the last several years, had leadership issues. they have their old ceo back in the seat which is good. and then they've got a very rural footprint which typically makes them like the only game in town so that's a positive for them. but you look at n

costco memberships are expected to increase. the 1.50 hot dog and soda safe for now.lawrence: if you can't get a deal at costco. >> carley: that's true the hot dog is safe. we can smile about that. >> lawrence: thanks, carley. >> carley: you are welcome. >> lawrence: former president trump headed to the bronx wednesday. holding own events in support while encouraging others to register to vote. watch. republicans have to head out to the hood even if you think it's too dangerous. trump 87, 90, how many targets if he can got. if can he make time to got bronx have you next could you say to go to the bronx. >> lawrence: this is crazy. speak nag video is he here right now live with us. so you said if donald trump can do it, and he has all these counts against him. every republican should be coming to the bronx, why? >> well, you know, i think this is an opportunity republicans should not let go. had over the years i have never heard of a republican going to the bronx. seeing trump make the effort with everything going on, what is the excuses for republicans, the conservati

costco, pulling back from record highs.beating estimates and the company has no immediate plans to raise membership prices or the price of their 1.50 hot dog combo. the stock giving back 2.5% the move on gap surging after sales grew at all four properties gap, old navy, athleta, banana republic, the company in the middle of a turnaround and so far it's showing some progress, especially athleta was strong. the big story to talk about today is the inflation number, the fed's preferred number, when they pay 2% and on that front we got good news both for the fed and for investors, for everyone who has been dealing with these high inflation core, you can see the step down, nice one, year over year 2.75% the lowest of the year and the 0.2%monthly increase the smallest gain of the year so, that higher inflation that we were dealing with and talk about in the above consensus numbers in the first quarter, look like a first quarter seasonality thing. which is a really good story just some other numbers that were interesting overall p

and really for costco members today, costco will not be changing the price on its beloved hot dog combotime soon. costco's new chief financial officer confirming yesterday that the retailers hot dog and drink will stay at a buck 50 very affordable. the price has been untouched since 1975. rumors have suggested the price might change due to high inflation, but executives say the price will remain unchanged for the time being. and for your health. new research says members of the lgbtq+ community have a higher risk of some types of cancers. the report from the american cancer society found those individuals are more likely to smoke drink alcohol deal with obesity. all of those factors do raise the risk for various forms of cancer. experts say the study says members of the lgbtq+ community are also at higher risk of sexually transmitted infections that can lead to cancers such as hiv and hpv. it should be noted that researchers did not look directly a cancer rates of the lgbtq+ communities but looked at risk factors and inferred higher cancer probabilities in their report. up next, what yo

and how does he continued to influence arts and culture today from costco, a 100 years after his van next on d. w. was so special about the state will see from gone to is made from time change, cuz all the and yeah. and it's nice and with lots of different things, i think mostly in the afternoons. so that's by evening suggestion was taking place . follow us on the calendar. we just see how the country's celebrates this famous days of free back in 60 minutes on dw, the once people have to say that's why we listen. because every weekend on d w, the, the unsettling nightmare worlds of right are friends. kafka watches a still fascinate us today. harry plus a i generated videos. what is real and what is fake and sensational moves a film about combative women. welcome to parts unveiled the. have you ever heard of something being kafka? ask? do you even know where the term comes from behind it from the kafka, the only 20th century writers whose name is paul.

and they can shop anywhere. >> do you find costco fun? >> i would guess no, am i right? >> well, i was going to say. >> making sure i understand. >> i don't know, i think that target will be a little more interesting to me, because we think, i have been concerned, i don't know anymore, i have been concerned about taking share from them, and that higher margin with temu, and can't compete as well on walmart at the groceries which is huge for the target consumers. >> and walmart's chart looks okay but i think you're right i think now, they are really catering to every income bracket. but we saw studies this week, we saw data out, every income bracket is doing better off than they were pre-pandemic every one. >> based on -- >> based on net worth. based on net worth and the amount of debt they're carrying. >> we're not there yet. >> is that home and stock portfolios >> lower end doesn't -- they don't own homes. they do not own homes. it is about a paycheck wages increased. karen brought that up earlier. so they're richer quote-unquote than they were pre-pandemic and they sti

walmart and costco in the consumer space, utility companies like eaton, constellation energy, industrials like howmet air space and names like netflix, moderna, johnson controls and others at 55-week highs. with markets back in rally mode and strengthening seen across all sectors what do you do with these names now? what are your thoughts on our senators. >> it's interesting. i'm looking at my screen, i see the s&p up versus an s&p up 11%. not just tech in this. well it is a great deal some of those big names if you look at google joined the party in the last two months up 35%, right. seems like some of these names, nvidia basing for the last couple months broke out added a quarter of a trillion dollars in mega cap this week when you think about that. the russell 2000, basically flat on the year up 2%. crude oil down 10% over the last month and a half or so isn't that meant to be some sort of indication of potential growth i put some of that stuff together and go back to the thing that this is still a very concentrated rally other sectors have joined the party and speaks to a broadening o