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Yesterday the Dow inched closer to the 20,000-level posting another record high. The S&P 500 and Nasdaq, posted their first drops in seven sessions. The Federal Reserve starts a two-day meeting today, and they are expected to raise interest rates for only the second time in about a decade. (CNBC)

Costco members have opened 1 million credit card accounts since the launch of the new co-branded Visa cards in June. Costco reported 730,000 sign-ups for the new cards in September. Some 20,000 to 40,000 of the 1 million new accounts came in the form of brand-new Costco members. Costco reported sales of $28.1 billion for the quarter ended November 20th. An increase of 3.2% YOY. That equaled a profit of $545 million. Up 14% from last year. (Puget Sound BJ)

With just 12 days till Christmas shoppers are coming down to the wire.  If you are a last-minute shopper Wal-Mart is here to help.  They are offering free in-store pickup of online orders placed by 6 p.m. local time on December 23rd.  They also have a dedicated website to view last-minute gift available gift ideas at their local store. (CNBC)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.