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☆ A TikToker only ate Costco $1.50 hot dog meals for a week. He says you get 'bang for your buck,' but he wouldn't recommend anyone else try it
▼ + stars: | 2024-01-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

So, to save money, he decided to set himself a much cheaper challenge: Living off Costco's $1.50 hot dog deal for a week. Over the course of one week in January, Kinsley ate 29 hot dog combos, which came to a total of $43.50. The low price of Costco's hot dog deal is 'such an anomaly'"Everything is so expensive now," Kinsley said. Costco's hot dog deal is "such an anomaly," he said, noting that he would "definitely" have paid $5 or more to get a hot dog of that size and quality. AdvertisementThe $1.50 hot dog combo is widely viewed as a loss leader.

Persons: —, Ben Kinsley, Kinsley, Sir, hadn't, Jim Senegal, Craig Jelinek Organizations: Service, Business, Pepsi, Sir Yacht, Costco Locations: Seattle, America

☆ Here are Thursday's biggest analyst calls: Apple, Netflix, Nvidia, Meta, Rivian, Costco, Hertz, Microsoft & more
▼ + stars: | 2024-01-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Bank of America upgrades Apple to buy from neutral Bank of America said AI and Vision Pro should drive upside for Apple. Bank of America reiterates Microsoft as buy Bank of America raised its price target on Microsoft to $450 per share from $430. Guggenheim reiterates Target as buy Guggenheim said Target is well positioned in 2024. Bank of America names Harley Davidson a top pick Bank of America said the motorcycle company is well positioned for 2024. " Bank of America reiterates ServiceNow as a top pick Bank of America said the stock remains a top idea for 2024.

Persons: KBW downgrades Charles Schwab, KBW, Mizuho, Robinhood, ., DA Davidson, Baird, Rivian, Wolfe, it's, Wells, it's bullish, Bernstein, Guggenheim, Piper Sandler, Tempur Sealy, TPX, CFRA, Harley Davidson, Oppenheimer, Morgan Stanley, Hertz, ServiceNow, Argus, Salesforce, Mike Blake Organizations: UBS, Netflix, Bank of America, Apple, of America, Nvidia, Semiconductors, Barclays, Red Rock Resorts, Vegas Locals, Microsoft, Guggenheim, Citi, JetBlue, Spirit, Costco, Piper, Palo Alto Networks, Paramount, Nasdaq, Hertz, Blackrock, Amazon, Deutsche Bank, Deutsche, JPMorgan Locations: repurchases, Palo, Palo Alto, Southeast China, 1H24, Los Angeles

☆ Salmonella: Cases almost double as CDC expands warning of infections linked to recalled charcuterie meats
▼ + stars: | 2024-01-18 | by ( Amanda Sealy | Jamie Gumbrecht | ) edition.cnn.com time to read: +2 min

CNN —As cases of salmonella infections linked to recalled charcuterie meats double, the US Centers of Disease Control and Prevention expanded its warning in a new food safety alert on Thursday. That’s almost double the cases from the last update on January 5th where 24 illnesses and five hospitalizations had been reported in 14 states. The CDC cautions that the true number of illnesses is most likely higher and could also be in present in other states. The warning is now also being expanded beyond one specific lot number of Busseto brand Charcuterie Sampler. Fratelli Beretta recalled more than 11,000 pounds of the charcuterie meat products earlier this month, but only one specific lot code.

Persons: That’s, Fratelli Beretta, Gran Beretta, It’s Organizations: CNN, US Centers of Disease Control, CDC, Costco Locations: Arizona , Colorado , Connecticut , Idaho , Illinois , Kentucky, Maryland , Michigan, Minnesota , Missouri , Nebraska , New Jersey , New York , Ohio , Oregon , Pennsylvania, Texas , Utah, Virginia , Vermont, Washington and Wisconsin

☆ What does 'buy and homework' mean for investors? Here's how to get started
▼ + stars: | 2024-01-18 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. The objective of staying current with Wall Street research, news events, industry trends and macroeconomic shifts is to answer one big question: Is my investment thesis still intact? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, — Melissa Goldberg, Phil Fisher, Piper, Jim, Locker, Squawk, Virginia Sherwood Organizations: Wall, Club, Costco, CNBC Locations: Maxx

☆ How a mom spends $112 at Costco for her family of 4, from Starbucks creamer to $5 rotisserie chicken
▼ + stars: | 2024-01-17 | by ( Christine Ma-Kellams | ) www.businessinsider.com time to read: 1 min

Kirkland Signature tilapia pairs well with miso. I marinate my Kirkland Signature tilapia in miso and mirin. Christine Ma-KellamsIf I don't have the time or money to order Nobu's black cod with miso, I make the next best thing: three-ingredient miso-glazed tilapia. I spread equal parts miso paste and mirin over Kirkland Signature tilapia filets, marinate them overnight, and bake at 400 degrees Fahrenheit for 20 minutes. A $20 eight-pack of filets, typically around 3 pounds, is enough for at least two meals for my family of four.

Persons: Christine Ma Organizations: Kirkland Locations: miso

☆ Fears of prolonged Red Sea shipping crisis fuel inflation fears, as oil, retail cargo delays rise
▼ + stars: | 2024-01-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

"If so, we expect the soaring freight rates and equipment shortage will continue till the third quarter," it advised clients. This would be on top of the revenue lost by diverted container vessels which are required to pay between $500,000-$600,000 per transit. "However, given the longer transit times vessels are experiencing, the market may face a shortage of empties across Asia until sailings normalize." Evelyn Fornes, Home Depot spokeswoman, said it is working with logistics carriers to find alternate routes to limit any impact from the Red Sea conflict. East Coast freight rates soar While freight rates for U.S. West Coast ports have yet to spike, freight rates for the East Coast and Gulf are up.

Persons: Folden, Shell, Jean, Charles Gordon, Nyttingnes, Torm, Euronav, Tom, Hafnia, Andy Lipow, Kuehn, Nagel, Ami Daniel, Goetz Alebrand, Stephen Schwarz, Paolo Montrone, Kuehn + Nagel, Alan Baer, Baer, Evelyn Fornes, Fornes, Lane Organizations: Galaxy, Houthis Media, Getty Images, Anadolu, Getty, U.S, Clarksons Securities, Honour Lane Shipping, Wall Street, Shell, Suez, Authority, Lipow Oil Associates, Logistics, CNBC, DHL Global, Asia Pacific, Kuehn, USA, Home, Costco, Walmart, Home Depot, Volvo, Michelin, Ikea, East, U.S . Locations: Iran, Yemen, Anadolu, Hafnia, Ardmore, Suez, Israel, Americas, Asia, Europe, Wells Fargo, Red, U.S, East Coast, U.S . West Coast, Gulf, East, West, West Coast

☆ Costco is testing out a new system for entering stores
▼ + stars: | 2024-01-16 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Bad news if you’re mooching off of someone else’s Costco membership: The retail giant is cracking down. Costco membership cards are non-transferable, but the company allows members to give a second household card to one other person in their home. But Costco has noticed that non-members have been sneaking in with membership cards that don’t belong to them — particularly since Costco expanded self-checkout. And now, Costco is testing out a system that requires members to scan their membership cards at the store entrance — instead of just flashing the card to employees. Costco is testing the scanners at a handful of stores to see if they help.

Persons: you’re, ” Costco, Richard Galanti, “, ” Organizations: New, New York CNN, Costco, Shoppers, CNN, Netflix Locations: New York, Washington State

☆ The company behind the unbearably spicy instant ramen that sparked countless food-eating challenges went through 2 tons of sauce and 1,200 chickens to perfect its flavor
▼ + stars: | 2024-01-15 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

AdvertisementThe two couldn't handle the spiciness, but Kim still believed there was a market for a spicier ramen. "We have to do a ramen version of this," she recalled to WSJ. According to Kim, Samyang's food development team took months to perfect the flavor, going through 1,200 chickens and two tons of sauce. Kim herself initially couldn't handle the spiciness of Buldak — its original flavor rated at around 4,000 Scoville Heat Units. Costco also has been selling Buldak at some West Coast locations and is considering expanding the ramen's availability throughout the US, Samyang told the publication.

Persons: —, Kim Jung, soo, Kim, Buldak, Samyang Organizations: Service, Business, Wall Street, Walmart, Costco Locations: South Korean, Korea, West Coast

☆ I'm a busy college student who shops at Costco. Here are 12 things I buy every semester to save money on groceries.
▼ + stars: | 2024-01-15 | by ( Chelsea Collier | ) www.businessinsider.com time to read: 1 min

Lotus Foods ramen elevates the classic college meal. Ramen is a quick meal, and the Lotus Foods brand feels like an upgrade. Chelsea CollierLike most college students, ramen is often my quick meal of choice. I like Lotus Foods' ramen because it covers those bases without all the salt and additives found in some other brands. I have a kitchen in my apartment-style housing, so when I have time, I like to add a source of protein and extra veggies to take ramen to the next level.

Persons: Chelsea Collier Organizations: Lotus, Lotus Foods

☆ Redesigned Apple Watches not subject to import ban, U.S. Customs says
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +4 min

Apple had said that a proposed redesign would allow it to circumvent findings that the watches infringe Masimo's blood-oxygen reading pulse oximetry patents. According to Masimo's filing on Monday with the Federal Circuit, Apple told the U.S. Customs and Border Protection agency that its redesigned watches "definitively do not contain pulse oximetry functionality." Irvine, California-based Masimo has accused Apple of hiring away its employees and stealing its pulse oximetry technology to use in Apple Watches after discussing a potential collaboration. Apple has included a pulse oximeter feature in smartwatches since its Series 6 Apple Watch in 2020. Masimo asked the ITC in 2021 to bar Apple's imports and sales of Apple Watches that allegedly infringed its patents.

Persons: Apple, Masimo, Apple countersued Organizations: Apple, Apple Watch, U.S . International Trade Commission, U.S ., Appeals, Federal Circuit, U.S . Customs, Border Protection, . Customs, ITC, Masimo, Amazon, Costco, Walmart, Federal Locations: U.S, Irvine , California, smartwatches, California, United States

☆ What’s open and closed on MLK Day 2024
▼ + stars: | 2024-01-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

However, the first national celebration of MLK Day didn’t take place until 1986 after years of advocacy. Here’s what’s open and closed on Martin Luther King, Jr. Day 2024. Bing Guan/Bloomberg/Getty ImagesMajor US retailers and grocers — such as Target, Walmart and Kroger — will be open on MLK Day. MLK Day is one of six free entrance days in 2024. FedEx will be open, though FedEx Express and FedEx Ground Economy will be operating on modified service.

Persons: Martin Luther King, Jr, John Conyers, King, Here’s, Bing Guan Organizations: New, New York CNN, MLK, Retail, Costco, Bloomberg, Getty, Major, Target, Walmart, Kroger, Sam’s, US National Parks, United States Postal Service, UPS, FedEx, FedEx Express, Nasdaq, New York Stock Exchange Locations: New York, New Hampshire

☆ 3 Amazon sellers who got started with less than $5,000 share the strategies they used to scale from zero sales to six-figures
▼ + stars: | 2024-01-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

If you're looking for an extra income stream, selling products online is one option. Courtesy of Sahaj DhingraDuring the summer between his sophomore and junior years of college, Sahaj Dhingra did $100,000 worth of Amazon sales in three and a half months. One strategy he implemented about a month after launching helped him scale quickly: He started listing products before buying the inventory. Shan Shan Fu used Etsy as a testing ground for what would sell best on AmazonShan Shan Fu, founder of Millennials In Motion. Courtesy of Shan Shan FuShan Shan Fu sold enough socks and tights on Amazon that she felt comfortable leaving corporate America to work for herself.

Persons: Sahaj Dhingra, Jatin Naran, Jatin Naran Jatin Naran, Naran, Fu, Shan, Shan Fu Organizations: Business, Costco, Amazon, Google, Millennials Locations: College, Dhingra, London, America

☆ Five-foot Toy Story 3 bear draws the crowds at Costco’s first store in ‘China’s Silicon Valley’
▼ + stars: | 2024-01-13 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Costco unveiled its new 44,500-square-meter store in the city often dubbed China’s “Silicon Valley” on Friday, drawing large crowds in search of bargains and imported products. People line up outside the Costco store in Shenzhen, China, during its launch on January 12, 2024. Social media was awash with images of people taking home the giant version of the bear, measuring five feet tall. Lots-o-Huggin' Bear was among the more popular products on offer at the Costco store in Shenzhen during its launch on January 12, 2024. In China, Costco faces intense competition from online shopping platforms, such as Taobao and Pinduoduo, in a market where consumers are accustomed to online retail.

Persons: Costco’s, ” Kim Lin, Lin, ”, Olin Wang Organizations: Hong Kong CNN, Costco, CNN, Social, Sam’s, Walmart Locations: Hong Kong, Shenzhen, China, Shanghai

☆ At Sam’s Club, a Human Will No Longer Check Your Receipt at the Door
▼ + stars: | 2024-01-12 | by ( Sopan Deb | More About Sopan Deb | ) www.nytimes.com time to read: +1 min

But at other chains, where the practice is less consistently enforced, there have been accusations of racial bias. One response to this has been the addition of self-checkout lines. According to a video presented by Walmart executives, Sam’s Club will now have customers go through a gate-like portal rather than having an employee stand at the door and check individual receipts — an innovation that Ms. Crozier described as reimagining the future of retail. The portal is equipped with what Walmart said in a news release was “computer vision and digital technology” to verify purchases. The technology is currently at 10 locations, but Ms. Crozier told the audience that the company hoped to make the change at all of its roughly 600 locations by the end of the year.

Persons: Crozier Organizations: Costco, Walmart, Sam’s

☆ Cramer: Costco not done 'saturating the world' as new China store lures massive crowds
▼ + stars: | 2024-01-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

Wholesale retailer Costco has a high-quality problem on its hands, CNBC's Jim Cramer said Friday in response to the "shopping frenzy" at its new China store. Costco, the membership-only global wholesale retailer who has a majority of stores in the United States, is not done "saturating the world," Jim Cramer said Friday. "If you have thousands of people for a new store, I think you have room for more Costcos," he added. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has a stake in Costco. Here's a full list of the stocks in Jim's Charitable Trus t, the portfolio used by the CNBC Investing Club.

Persons: CNBC's Jim Cramer, Jim Cramer's, Jim Cramer, Costco's Organizations: Costco, Bloomberg, Cramer's Charitable Trust, CNBC, Here's Locations: China, Costco's, Shenzhen, United States, Cramer's

☆ A Gen Z-er did six-figures in Amazon sales on a $3,000 budget using retail arbitrage. He explains how he's shifting his e-commerce strategy to create a more sustainable and passive income stream.
▼ + stars: | 2024-01-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

"There's a low barrier to entry," the 20-year-old told Business Insider of the main reason he started with retail arbitrage. The trade-off is that retail arbitrage is a time-intensive strategy. Like arbitrage, you're buying and reselling an existing product; but you're buying in bulk, meaning you're spending more money upfront on inventory. Starting a private label brand is going to require the most upfront investment, both in terms of your time and money. Comparatively, with retail arbitrage, "I'm handling everything," he said.

Persons: —, Sahaj Dhingra, Dhingra, you've, He's Organizations: Service, Costco, Walmart, Amazon, Business, Virginia Commonwealth University, VCU

☆ 15 surprising expensive items you can buy at Costco
▼ + stars: | 2024-01-10 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Costco is known for its deals on bulk items like paper goods and groceries. But it also has a surprising selection of high-priced items, such as luxury jewelry. AdvertisementAny shopper who frequents Costco knows it's a place to stock up on bulk quantities of household items, cleaning supplies, and grocery staples. Members of the wholesale retailer looking to spend some serious cash can also buy an emergency food stash and a Bluetooth-equipped massage chair, among other items. Here are 15 expensive items you might be surprised you can buy at Costco.

Persons: — Organizations: Costco, Service

☆ Costco may start requiring members to scan ID to enter US warehouses
▼ + stars: | 2024-01-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

On Sunday, shoppers spotted a digital ID scanning station at the front door of a Costco warehouse near the company's corporate headquarters in Issaquah, Washington. This story is available exclusively to Business Insider subscribers. Business Insider confirmed the location with the Reddit user who took a photo of the setup. A Costco employee scans a shopper's ID at the entrance to the company's warehouse in Issaquah, Washington. Responses will be kept confidential, and Business Insider strongly recommends using a personal email and a non-work device when reaching out.

Persons: —, Reddit, Richard Galanti, Dominick Organizations: Service, Shoppers, Business, Costco, Wall Locations: Issaquah , Washington, California, Texas, Issaquah, Reddit

☆ How to take on the viral No Spend January trend
▼ + stars: | 2024-01-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

It’s also a challenge more people are taking on for shorter periods of time — such as a No Spend Week, a No Spend Weekend or No Spend Sunday — or during other months of the year. Courtesy Kate KadenKaden, who said she saves about $2,000 or more during a No Spend Month, has been able to build up her emergency fund and pay off debt. If pulling back on spending in January isn’t appealing, you can have your own No Spend Month at any point in the year. The same goes for getting off email marketing lists, unsubscribing to text promotions or deleting social media all together. Some social media influencers such as Kiersti Torok help connect others to coupons and discounts in local mailers or retail apps.

Persons: Kate Kaden, “, ” Kaden, Instagram, It’s, Kate Kaden Kaden, ” Neil Sanders, ”, isn’t, Ted Jenkin, Melissa Corriveau, “ It’s, she’s, Corriveau, it’s, you’re, Jenkin, influencer Kaden, Kaden, ” Don’t, you’d, Ramit Sethi, CNN he’s “ Organizations: CNN, GlobalData, ”, Oxygen Financial, Costco, New York Locations: Maine, “

☆ I'm a single mom and live with my 5 kids in a one-bedroom apartment. I want to show them I'm not ashamed of our home.
▼ + stars: | 2024-01-10 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +4 min

I'm a single mother of five who lives in a one-bedroom apartment in Pittsburg, California. I gave Se'Lia the bedroom because I knew how much she yearned for it. AdvertisementBefore going viral, I was embarrassed to talk about my strugglesIn November, I uploaded a TikTok video about our living situation. My three youngest kids and I sleep on a bed in the living room. I keep few things in my apartment so the kids have extra space.

Persons: Leticia Colorado, Se'Lia, they're, I've Organizations: Service, Costco Locations: Pittsburg , California, Uganda, Italy, Spain, India

☆ I shopped at Costco in the Midwest and New York City. Here are the most surprising differences I noticed.
▼ + stars: | 2024-01-09 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

I visited two Costco stores, one in the Midwest and one in New York City. New York City's Costco store was smaller, which made it feel more crowded. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs someone who grew up in Wisconsin and moved to New York City a decade ago, I enjoy analyzing the similarities and differences between the two regions I call home. As part of a series comparing nationwide chains like Target and Trader Joe's in the Midwest and New York City, I visited Costco locations in Wisconsin and Manhattan.

Persons: —, Joe's Organizations: Costco, Service, Business Locations: Midwest, New York City . New York, Wisconsin, New York City, Manhattan, Iceland

☆ I'm a mom who shopped at Costco and BJ's, and the latter feels perfect for shopping for my family of 4
▼ + stars: | 2024-01-09 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I'm a mom of two who shopped at Costco and BJ's to see which was a better fit for my family's needs. Both clubs had areas where they excelled, from the food court at Costco to the deli case at BJ's. Based on my shopping experiences at both clubs, BJ's is where I'll do my family's grocery shopping. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Costco, Service, Business Locations: Maryland, Florida

☆ How a chef turns Costco's $5 rotisserie chicken into a week of easy meals at home
▼ + stars: | 2024-01-08 | by ( Lizzy Briskin | ) www.businessinsider.com time to read: +1 min

I turned Costco's $5 rotisserie chicken into five easy meals for two people. I like using the chicken to make quesadillas, burrito bowls, and pasta dishes. AdvertisementGrocery prices have been soaring, but one deal I can still count on is the big and juicy $5 rotisserie chicken at Costco. Although I'm a chef, I still love a shortcut here and there — and I can put together dozens of easy meals with cooked chicken. Here's how I turned my latest Costco five-buck-cluck into easy meals to feed two throughout the week.

Persons: —, I'm Organizations: Service, Costco

☆ A 20-year-old brought in $100,000 in 4 months reselling Costco goods on Amazon. He explains the metrics he looks at to select profitable products.
▼ + stars: | 2024-01-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Most of the products Dhingra resells fall under the grocery category, like sparkling water, soda, energy drinks, and protein shakes. To find profitable products, he considers two specific metrics. That's why Dhingra is looking for profitable products; he wants something that has "some fluff around the margins," he said. AdvertisementBSR scores and demand evolve, so he's always on the hunt for profitable products. That's why he always likes to have some capital set aside in case he discovers a new, profitable product.

Persons: —, Dhingra, he's Organizations: Service, Costco, Walmart, Business, Amazon

☆ What to do when 'own, don't trade' Apple and Nvidia grow into big positions
▼ + stars: | 2024-01-07 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Apple and Nvidia are "own, don't trade" stocks, so should they be kept as they are, or shrink down? First, let's address our idea of "own, don't trade" stocks. To main a diversified portfolio, we don't want any of our positions, even Apple, to get much bigger than 5-6%. That doesn't mean we don't love the name or no longer view it as an "own, don't trade," it simply means that while it is an "own, don't trade" we also still abide by the view that discipline trumps conviction (diversification and not don't be greedy being the two disciplines of focus in this case) and that overrides the own, don't trade mantra. When we say "don't trade" these two names, we stay invested in both and don't try to catch the next 10% move up or down.

Persons: Jim Cramer, Eli Lilly, Jennie, Nvidia —, Nvidia wasn't, Jim Cramer's, Jim, SeongJoon Cho Organizations: Nvidia, Broadcom, Costco, Apple, Federal Reserve, Jim Cramer's Charitable, CNBC, Apple Inc, Bloomberg, Getty Locations: Hanam, South Korea

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