Costco raises annual membership fees for the first time since 2017
The company disclosed the forthcoming 8% increase in the fee to gain entry into its more than 700 warehouses in the U.S. and Canada as part of a monthly sales report Wednesday.
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Toyota investing in EV charging network Ionna
Ionna, based in Durham, North Carolina, plans to install at least 30,000 charge ports in North America by 2030. Other automakers supporting Ionna include BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis.
Caitlin Clark leads Angel Reese in race for Rookie of the Year, voters say
Clark and Reese have garnered national attention with record-setting rookie seasons—leading to them being the first rookie duo to make the All-Star team since 2014—so it’s no surprise that they’re the leading candidates for the award.
Target to stop accepting personal checks from shoppers
Check usage has been in decline for decades as Americans have largely switched to paying for their services with credit and debit cards.
NHRA great John Force moved to rehabilitation center
Brownsburg-based John Force Racing said the 16-time NHRA Funny Car champion is still suffering from cognitive and behavioral symptoms, but has been able to converse with family and staff.
Fed’s Powell highlights slowing job market in signal that rate cuts might be nearing
The Federal Reserve has made “considerable progress” toward its goal of defeating the worst inflation spike in four decades, Chair Jerome Powell said in his testimony to the Senate Banking Committee.
Poll finds only 36% of Americans have confidence in higher education
The dimming view of whether college is worth the time and money cuts across all demographics—including gender, age, political affiliation.
More than 3M pass through U.S. airport security in single day for first time
Eight of the 10 busiest days in TSA’s history have come this year as the number of travelers surges past pre-pandemic levels.
Bloomberg Philanthropies gifting $1B to med school, others at Johns Hopkins
There have been only a handful of previous $1 billion donations to universities in the U.S., most coming in the past several years.
Pato O’Ward wins Indy 200 at Mid-Ohio in debut of hybrid engine
IndyCar expressed encouragement and excitement about the hybrid engine in a statement after the race that cited the collaboration between Chevy and Honda.
Scammers swiping billions from Americans every year, and most get away with it
Victims rarely get their money back, including older people who have lost life savings to romance scams, grandparent scams, technical support fraud and other common grifts.
Caitlin Clark rallies Fever past Liberty 83-78 with first triple-double by WNBA rookie
Indiana beat New York for the first time since posting a 92-86 road win on May 13, 2022.
U.S. employers added 206,000 jobs in June in sign of continued economic strength
The unemployment rate ticked up from 4% to 4.1%, a still-low number but the highest rate since November 2021.
Alexander Rossi cycles to top of IndyCar free agent list, seeks strong landing
As Rossi heads to Mid-Ohio Sports Car Course this weekend ranked seventh in the championship standings but arguably the most consistent McLaren driver through the first eight races, he needs to find a new ride in an increasingly shrinking free agent market.
GM to pay $146M in penalties because 5.9M older vehicles emit excess carbon dioxide
The National Highway Traffic Safety Administration said in a statement Wednesday that certain GM vehicles from the 2012 through 2018 model years did not comply with federal fuel economy requirements.
Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65B
The new entity will be called Saks Global, creating a luxury powerhouse at a time when the arena has become increasingly fragmented with different players.
TSA expects to screen record number of travelers this weekend
Eight of the 10 busiest days in the Transportation Security Administration’s history have come this year.
After years-long effort, IndyCar ready to unveil its hybrid engine system
IndyCar will unveil its hybrid engine system this weekend. It has been a joint effort involving IndyCar and engineers from Chevrolet and Honda, the two engine suppliers for the series.
New-vehicle sales barely rose in second quarter as buyers balked at still-high prices
Sales were crimped in late June, when cyberattacks knocked out software from CDK Global that dealerships use to do sales paperwork.
Caitlin Clark, Angel Reese headline WNBA All-Star team that will face US Olympic squad
The Indiana Fever’s Aliyah Boston and Kelsey Mitchell also made the All-Star team.