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69°
Friday, nov 1
Tag:
Economy
Politics
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee
President Joe Biden has just announced he is pulling out of the 2024 race against Republican nominee Donald Trump. In a letter to "My Fellow Americans" released just before 2 p.m. Sunday, July 21, Biden said: “It has been the greatest honor of my life to serve as your president. “And while it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term.” The news comes amid concerns over the 81-year-old Biden's health, which were loudly …
News
Costco Raising Membership Fees In US, Canada
The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10. Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally. On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1. Annual memberships are rising $5 making them $65…