Business News

Oil and Gas Prices Up

U.S. stocks have been to the upside in three of the past four weeks.  But are near the flat line this morning as we have another big week of earnings. More than 170 S&P 500 companies release quarterly results this week. (CNBC)

Costco is raising prices.  At least to be a member.
An analyst predicts Costco may be planning to increase membership prices next year. It is anticipated the company will increase the annual fee for its Gold Star Membership to $60 from $55, and raise its Executive Membership price to $120 from $110. Historically Costco has increased membership fees every five to six years. The last increase was in November 2011. Costco membership increased 6% in 2015 to more than 81 million memberships. (CNNMoney)

Cracker Barrel Old Country Stores is coming to Oregon. It will open three restaurants in the Portland. All three locations will open in 2017. The three Portland restaurants will be the first on the West Coast. The closest location is currently in Boise. (OregonLive)

S&P 500 is down 6 and the NASDAQ is down 41.  MSCI International Index is flat.

Oil is down 41 cents at $43.32 a barrel. Black gold was up more than 8% last week, the third straight week of gains. Gas prices have risen by 8 cents over the past three weeks to $2.18 per gallon. (Reuters)

Gold is up $6 at $1236 a Troy ounce.

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

On Air Now

Financial Focus with Tyler Simones and Josh Fenili
10:00am - 12:00pm
Financial Focus with Tyler Simones and Josh Fenili





News Disclaimers