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Wednesday, 16 April 2025

Costco's secret sauce

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Is it the $1.50 hot dogs? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Apr 16 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money, celebrating Costco edition.

You walk in to the superstore looking for soap, and you walk out with a major appliance. The popular warehouse chain has perfected the art of the impulse buy.

The retail alchemy even has a name: The "Costco effect." And it has helped turn Costco into the world's third-largest retailer

Imports surge ahead of tariffs

The U.S. continued a historic surge in foreign imports in February, ahead of sweeping new tariffs announced by President Donald Trump.

U.S. imports exceeded $290 billion in February 2025, making a 21% jump from February 2024 and setting the highest February total ever recorded, according to a USA TODAY analysis of U.S. Census trade data about goods imported for consumption.

February's milestone built on January's record-breaking import rush.

Battle brews over how to list homes

A battle over how homeowners list their properties for sale is shaking up the housing industry, with big implications for sellers and buyers.

On April 10, the massive real estate company Zillow announced it would not accept any listings that have been previously offered for sale in a selective manner, a direct response to a step from an industry group that many observers felt limited choice in the marketplace.

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About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

Shoppers make their way out a Costco in Jacksonville, Florida, on Tuesday, September 5, 2017, as they stocked up on supplies ahead of Hurricane Irma.

Costco has mastered the impulse buy. Shoppers pop in for eggs or rotisserie chicken only to wheel out baskets piled higher than a tractor trailer.

February was the third biggest for imports to the U.S., according to Census trade data. Shipping containers are organized at the Houston Port Authority on February 10, 2025 in Houston, Texas.
 

Worried about tariffs, importers continued to stock up in February

Faced with the fear of rising tariffs, importers continued to stock up on foreign goods, fueling a surge in February shipments.

The Zillow website is reflected in the logo of the Zillow app, in Washington, DC, on February 15, 2023.
 

In battle over private real estate listings, Zillow draws a line

Zillow says it won't accept any listings that have been previously offered for sale selectively, a direct response to a poorly-received NAR policy.

Southeast High School students celebrate as they turn their tassels from right to left on their mortarboards at graduation Saturday, June 3, 2023 at the Bank of Springfield Center.
 

Delinquent student loan borrowers weigh on average FICO Score in April

The average FICO Score fell in April, weighed by delinquent student loan borrower. More borrowers are expected to follow suit in coming months

A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024.
 

Are banks, post offices, UPS, FedEx open on Good Friday? What to know

Will banks, post offices, UPS or FedEx be open on Friday, April 18 for Good Friday? Here's what to know about mail service.

U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. REUTERS/Kevin Lamarque
 

Did Trump raise federal minimum wage? No, but some lawmakers want to

If true, the change would mark a huge shift for the U.S. economy and American workers, but it is fake news.

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Winter can do a number on your patio. Here are some simple ways to clean and repair your deck before your summer guests arrive.

A serious person writing in a notebook while balancing a laptop on their lap.
 

Fixing Social Security isn't easy. You can try it yourself

The program is in financial distress. It's been spending more money than it's taken in since 2021, and estimates say it has less than a decade left.

Market data is displayed on a screen inside the Nasdaq market site at Times Square in New York City, U.S., April 4, 2025.
 

Did investors 'panic-sell' when tariffs tanked the stock market?

One large investment firm tracked the behavior of individual investors during the stock-market turbulence of early April. Here's what they found.

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