New Photo - Employers added 73,000 jobs in July, falling short of forecasts

Employers added 73,000 jobs in July, falling short of forecasts Mary CunninghamAugust 1, 2025 at 11:55 PM Catherine McQueen / Getty Images Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is downshifting.

- - Employers added 73,000 jobs in July, falling short of forecasts

Mary CunninghamAugust 1, 2025 at 11:55 PM

Catherine McQueen / Getty Images

Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is downshifting.

The numbers

Hiring was weaker than expected by economists, who had forecast payroll gains of 115,000 jobs last month, according to a poll by FactSet. July's employment number is the lowest of 2025.

The unemployment rate rose to 4.2%, up from 4.1% in June.

The Labor Department also sharply revised job growth for May and June down by a combined 258,000, a sign that hiring earlier this year was weaker than previously estimated. With the revisions, the figures show that the private sector added only 3,000 jobs in June.

Factoring in the downward revisions, the three-month average employment gain from May to June was 35,000, compared to an average of 123,000 from January to April.

"Sadly, employment appears set for a further summer slowdown as firms, facing renewed cost volatility from escalating trade tensions, remain focused on managing labor costs through reduced hiring, performance-based layoffs, restrained wage growth and lower entry-level wages," Gregory Daco, chief economist at consulting firm EY-Parthenon, said in a report. "We anticipate job creation will weaken further, remaining below trend in the coming months, with the unemployment rate likely rising toward 4.8% by early 2026."

The health care sector saw the biggest gains in July, adding 55,000 jobs. The federal workforce continues to shed jobs, with 12,000 cut in July.

What it means

Some market analysts said the subpar job growth in July suggests that stepped-up U.S. tariffs on the country's economic partners is weighing on the labor market. President Trump issued an executive order late Thursday that imposes tariffs on dozens of U.S. trading partners.

"Today's Jobs report is unambiguously soft and a reflection of the trade and tariff impact on economic growth," said Art Hogan, chief market strategist at B. Riley Wealth. "Both the actual report and the big negative revisions are more evidence that the trade policy will slow growth."

The latest job numbers could spur Federal Reserve officials to cut interest rates at their next meeting in September, according to economists. The central bank opted this week to hold its benchmark rate steady. President Trump has pushed for a rate cut, but Fed Chair Jerome Powell said that policy makers remain cautious about lowering rates until the impact of tariffs on the economy is clear.

"With this morning's payroll miss — and the downward revisions that came with it — the Fed will again need to balance a slowing job market with inflation which isn't slowing fast enough," Chris Zaccarelli, chief investment officer for Northlight Asset Management, said in an email.

According to CME FedWatch, investors see a roughly 77% probability of a Fed cut at the Fed's Sept. 16-17 meeting.

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Employers added 73,000 jobs in July, falling short of forecasts

Employers added 73,000 jobs in July, falling short of forecasts Mary CunninghamAugust 1, 2025 at 11:55 PM Catherine Mc...
New Photo - Tesla's Europe sales are weak again in July, but bright spots emerge

Tesla's Europe sales are weak again in July, but bright spots emerge Pras SubramanianAugust 1, 2025 at 10:32 PM Tesla's (TSLA) sales hangover rolled on in certain key territories in Europe, as the introduction of the revamped Model Y wasn't enough to blunt the effect of rising competition and CEO El...

- - Tesla's Europe sales are weak again in July, but bright spots emerge

Pras SubramanianAugust 1, 2025 at 10:32 PM

Tesla's (TSLA) sales hangover rolled on in certain key territories in Europe, as the introduction of the revamped Model Y wasn't enough to blunt the effect of rising competition and CEO Elon Musk's deep unpopularity.

However, there were a couple of bright spots in Europe for the beleaguered EV maker.

Registration data, a proxy for sales, was lower for key regions: France (down 27% to 1,307 units), the Netherlands (down 62% to 443), Denmark (down 52% to 336), and Sweden (down 86% to 163). In particular, France and the Nordic countries are major sales territories for Tesla. The sales data comes from national auto sources and was first reported by Reuters.

It was Tesla's seventh straight decline in sales in those territories.

Tesla stock tumbled in early trade on Friday following the news and the broader market sell-off stemming from President Trump's trade wars.

While data from other key regions like Germany and the UK was not available just yet, Tesla did have some bright spots: Spain's registrations jumped 27% to 702 cars sold, and Norway's climbed 83% to 838 EVs.

Those bright spots may not be enough to turn the tide. July's preliminary weakness follows a 33% drop to 110,000 units in the first half of the year in greater Europe, per the European Automobile Manufacturers' Association.

Read more: How to avoid the sticker shock on Tesla car insurance

Musk warned last month that Tesla was in for a "few rough quarters" as the company delayed the launch of its cheaper EVs until the federal EV tax credits expired in the US.

But Musk's warning doesn't mention his own reputational hit stemming from his political activities, the rise of more competition, and US consumer preferences for vehicles like hybrids that have Tesla and the EV industry as a whole worried. For Tesla in particular, weakness in key regions like Europe has been an ongoing issue, and the latest registration data shows US sales sliding as well.

Unpopular: Tesla CEO Elon Musk. (AP Photo/Jose Luis Magana.) ()

As for Musk, a June study by the Electric Vehicle Intelligence Report found that consumers' favorable view of the Tesla CEO declined sharply — minus 26%. Their positive feelings toward Tesla itself declined 32%. The likelihood of a Tesla purchase in the future? Down 32%.

This comes as Musk denied that his political activities and amplification of far-right voices had any effect on Tesla sales or brand perception.

Aside from the Musk factor, Chinese EV competition in places like Europe is coming back. Europe's tariffs on Chinese EVs temporarily blunted sales, but new data from research firm Dataforce (via Bloomberg) found that in June, Chinese brands like BYD (BYDDY) captured over 10% of EV registrations — the highest share since June 2024 before the EU imposed company-specific tariffs across Chinese EV makers.

StockStory aims to help individual investors beat the market.

Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram.

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Tesla's Europe sales are weak again in July, but bright spots emerge

Tesla's Europe sales are weak again in July, but bright spots emerge Pras SubramanianAugust 1, 2025 at 10:32 PM Te...
New Photo - Reddit surges as AI-driven ad strategy wins praise from Wall Street

Reddit surges as AIdriven ad strategy wins praise from Wall Street Kritika Lamba and Rashika SinghAugust 1, 2025 at 9:11 PM By Kritika Lamba and Rashika Singh (Reuters) Reddit's shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confi...

- - Reddit surges as AI-driven ad strategy wins praise from Wall Street

Kritika Lamba and Rashika SinghAugust 1, 2025 at 9:11 PM

By Kritika Lamba and Rashika Singh

(Reuters) -Reddit's shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform's AI-based advertising tools and strong user engagement.

The company has also posted a rosy forecast that comes on the heels of similarly upbeat results from ad industry leaders such as Meta and Alphabet, underscoring a broader sector shift as advertisers gravitate towards platforms that provide artificial-intelligence tools to create more personalized campaigns.

The company expects third-quarter revenue of between $535 million and $545 million, well above analysts' average estimate of $473 million, according to data compiled by LSEG.

Reddit's focus on understanding user intent through authentic community conversations positions it to unlock new monetization opportunities, said Danni Hewson, head of financial analysis at AJ Bell.

"Being able to home in on exactly the kind of consumer who might be open to splurge on what a seller is offering has made sites like Reddit hugely popular with advertisers," Hewson said.

Reddit's results, along with those of Google and Meta, signal the ad industry's resilience in the face of growing economic uncertainty brought on by shifting U.S. trade policy.

The company's diverse ad offerings, including ads inserting brands directly within conversations on its subreddit discussions, remain attractive to marketers.

Reddit's daily active unique visitors increased 21%, with analysts saying stabilizing daily active user trends are bolstering investor confidence in the platform's "long-term growth narrative".

Despite variable Google-driven traffic posing a headwind in the second quarter, Reddit's U.S. daily active users held steady, expressing confidence that the company's unique content was valuable to both Google and searchers, analysts at Piper Sandler said.

The company has been investing in new products, search capabilities and international expansion to offset inconsistent user traffic.

Reddit is currently valued at a premium compared to its peers, trading at 74.57 times its projected earnings over the next 12 months, well above Pinterest's 19.39 and Snap's 27.54.

If gains hold, Reddit is set to add more than $4 billion to its market cap.

(Reporting by Kritika Lamba and Rashika Singh in Bengaluru; Editing by Pooja Desai)

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Reddit surges as AIdriven ad strategy wins praise from Wall Street Kritika Lamba and Rashika SinghAugust 1, 2025 at 9:...
New Photo - HGTV canceled multiple shows this summer. Here's what we know.

USA TODAY and Yahoo may earn commission from links in this article. Pricing and availability subject to change.HGTV canceled multiple shows this summer. Here's what we know. Amaris Encinas, USA TODAYAugust 1, 2025 at 11:12 AM HGTV has come for some of your favorite renovation shows. The Warner Bros.

- - USA TODAY and Yahoo may earn commission from links in this article. Pricing and availability subject to change.HGTV canceled multiple shows this summer. Here's what we know.

Amaris Encinas, USA TODAYAugust 1, 2025 at 11:12 AM

HGTV has come for some of your favorite renovation shows.

The Warner Bros. Discovery brand has undergone a cancellation spree in recent weeks, axing a handful of beloved Home & Garden Television (HGTV) home improvement and real estate shows, including the Daytime Emmy-nominated show "Married to Real Estate."

Just last month, Warner Bros. Discovery announced it would be splitting into two publicly traded companies, Streaming & Studios and Global Networks. It's not immediately clear which company will air and continue to produce original content for HGTV.

Signage is seen during the HGTV's "Ugliest House in America" For Your Emmy Consideration Event at Saban Media Center on April 28, 2023 in North Hollywood, California.

"By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape," David Zaslav, President and CEO of Streaming & Studios, said in a statement.

HGTV has yet to address the recent cancellations publicly and representatives did not immediately respond to USA TODAY's request for comment on the matter.

Here's what we know so far about HGTV cancellations this summer.

'Christina on the Coast'

Christina Haack, host of newly cancelled HGTV show "Christina on the Coast," seen at HGTV's "The Flip Off" For Your Consideration Emmy Event at Pacific Design Center in West Hollywood on April 30, 2025.

Christina Haack, host of HGTV show "Christina on the Coast," spoke out in a July 19 social media post referencing reports by People and Us Weekly that the show had been canceled.

"Summer so far. Basically just eating and laughing," Haack wrote in the caption for her photo dump."Canceled looks good on me…. Only kidding only kidding."

According to HGTV, the series followed real estate and flipping expert Christina [Haack] as she helped clients transform their outdated properties into high-end homes in Southern California. Haack's show ran for six seasons, starting in May 2019, on HGTV.

'Married to Real Estate'

Mike Jackson and Egypt Sherrod, hosts of newly cancelled HGTV show "Married to Real Estate," attend Sports Power Brunch for Women in Baseball at Four Seasons Hotel Atlanta on July 13, 2025.

After a four-season run, hosts of the Daytime Emmy-nominated show "Married to Real Estate" announced in late June that HGTV had decided not to "move forward" with the show.

"While the chain of events leading up to this is disheartening, we are deeply grateful," Egypt Sherrod and Mike Jackson shared in a joint statement via social media. "Grateful for four incredible seasons. Grateful for our amazing crew and supportive fans. Grateful that our businesses continue to thrive. And most of all— grateful that we are still very much married to real estate (and to each other)."

Egypt Sherrod, a real estate broker and designer, and her husband Mike Jackson helped clients in Atlanta find homes in their dream neighborhoods.

"By using their unparalleled real estate expertise, they'll make smart purchases and even smarter renovations while managing their busy family," HGTV wrote of the show.

The show made its debut on HGTV in January 2022 and aired a total of 44 episodes.

'Battle on the Beach'

"Battle on the Beach" co-hosts Victoria Alison, Ty Pennington and Taniya Nayak.

Alison Victoria, host of renovation competition show "Battle on the Beach," recently revealed that the show would not be returning for a fifth season on HGTV.

Nayak, who co-hosted the show with Ty Pennington and Taniya Nayak, broke the news on her podcast "Pap Smear."

Nayak loved working on the show, telling comedian Retta that it was "so fun and funny" but that the editing did not reflect that.

"And then all of a sudden, I watch the episode... I'm like, 'well, where'd all that go?' I get it, right, it's a lot of content to try to put into 42 minutes. But where is it? Like, where's the great editing?" Victoria said. "You'll lose a show that way. I truly believe that. And 'Battle on the Beach' did not get picked back up, which is sad, cause it was like adult spring break."

Pennington and Nayak have yet to publicly address the cancellation.

According to HGTV, "Battle on the Beach" followed three teams of house flippers as they renovate identical beachfront properties for a chance to win $50,000. Ty Pennington, Alison Victoria and Taniya Nayak served as mentors, pitching in to help teams as needed.

'Farmhouse Fixer'

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A post shared by Jonathan Knight-Rodriguez (@jonathanrknight)

Jonathan Knight, co-host of "Farmhouse Fixer," announced in late June that HGTV was not going to renew the show for a fourth season.

"A lot of you have been asking about the future of Farmhouse Fixer. I am sad to say HGTV has decided not to move forward with another season," Knight wrote in a June 25 post. "While I'm still processing the reasons that led to their decision, Kristina and I are so grateful for all your support over the past 3 seasons."

The New Kids on the Block singer, who hosted the show with interior designer Kristina Crestin, went on to say that television "has been so incredibly fun for us."

"We are so proud of what we created together and look forward to sharing what's next for us."

The pair restored centuries-old farmhouses across New England together, working to "keep that history alive by breathing new life into the houses," according to HGTV. "Farmhouse Fixer" made its HGTV debut in March 2021, airing 22 episodes.

'Bargain Block'

"Bargain Block" co-hosts Keith Bynum, Evan Thomas and Shea Hicks Whitfield.

Keith Bynum and Evan Thomas, co-hosts of "Bargain Block," confirmed in June that viewers would not be seeing them on HGTV "for much longer."

"Our entire business and lives have been put through the ringer at the hands of a giant corporation, yet we persist lol. Though you may not be seeing us for much longer on HGTV, we're excited that we've built such an amazing base of followers and we're very excited about the future," the couple said in a joint statement.

"Everyone always told us TV is a fickle world and they are very right. Tv is full of a lot of great people but it's also full of some of the worst people I've ever encountered," the statement continued.

Bynum said he and Thomas have "always tried hard to stick to what we know and what we're good at which is being ourselves."

"We love you all and we're very excited to announce what's next soon!" the couple said.

Real estate adviser Shea Hicks-Whitfield, who hosted the show alongside the couple, has not formally addressed the cancellation.

According to HGTV, the show followed the trio as they worked on their mission to revive Detroit "one block at a time." "Bargain Block," which premiered in April 2021, ran for four seasons on HGTV.

"Partners Keith Bynum and Evan Thomas want to be part of restoring the iconic American city of Detroit," HGTV says. "The scrappy visionaries buy run-down and abandoned properties and transform them into affordable, stylish starter homes for first-time homebuyers."

'Izzy Does It'

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A post shared by Israel Battres (@izzybattres)

Izzy Battres, host of HGTV show "Izzy Does It," addressed cancellation rumors on June 9, when a fan asked about the show's second season.

"It's not the news we wanted to give, but here it is: there will be no Season 2," Battres replied. "Still, we're so grateful for every single person who tuned in, supported us, and made the first season unforgettable."

The show, which premiered in early February, followed the "bustling business" that is Battres Construction, Battres' family-owned renovation and design firm, over the course of eight episodes.

"After years of renovating million-dollar homes on the California coast, Izzy Battres uses expert cost-saving techniques to bring luxury renovations to homeowners with relatable budgets," HGTV wrote about the show.

This article originally appeared on USA TODAY: HGTV canceled several shows this summer. Here's what we know.

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New Photo - Weekend forecast to bring more dangerous threats across the U.S.

Weekend forecast to bring more dangerous threats across the U.S. N'dea YanceyBragg, USA TODAYAugust 1, 2025 at 9:03 PM Heavy rains and severe thunderstorms may bring more flooding to the East Coast on Aug. 1 after downpours struck parts of New Jersey, New York and Pennsylvania.

- - Weekend forecast to bring more dangerous threats across the U.S.

N'dea Yancey-Bragg, USA TODAYAugust 1, 2025 at 9:03 PM

Heavy rains and severe thunderstorms may bring more flooding to the East Coast on Aug. 1 after downpours struck parts of New Jersey, New York and Pennsylvania.

Flash and urban flooding are possible in the northern Mid-Atlantic and southern New England through the night before the storms move across the country this weekend.

Showers and thunderstorms will then bring heavy rain to parts of the East Coast and the Southern Plains region through the morning of Aug. 2, creating "localized areas of flash flooding, with urban areas, roads, small streams, and low-lying areas being the most vulnerable," the National Weather Service said.

Severe thunderstorms are also expected to strike parts of the Northern and Central High Plains regions, bringing frequent lightning, wind gusts, hail and occasional tornadoes. Storms are expected to dump heavy rainfall onto parts of the Central and Southern High Plains as well as the Southeast through the morning of Aug 3.

Flash flooding drenches the Northeast

Hard rain and flash flooding started arriving by early afternoon on July 31, with scattered reports of flooded roads and stranded cars in Pennsylvania, New Jersey and New York City.

New York Gov. Kathy Hochul and New Jersey's Acting Gov. Tahesha Way both declared a state of emergency. Emergency management officials in New York City urged residents to avoid travel through Friday afternoon.

Stormy weather appeared to be the cause of travel disruption across the region. At least 1,170 flights were cancelled and hundreds more were delayed at the eight major airports serving the region - Washington Dulles, Baltimore-Washington, Ronald Reagan Washington National, Philadelphia, Newark Liberty, LaGuardia, John F. Kennedy International and Boston Logan - according to online flight tracking service FlightAware.

Amtrak suspended rail service between Philadelphia and Wilmington for about two hours after the severe storms flooded the tracks. "Residual delays" were expected as the water receded, Amtrak said on X.

High heat, humidity in store for the Gulf Coast

Though temperatures are expected to be 5 to 10 degrees below normal in the East by the weekend, heat advisories are being put in place for parts of the Gulf Coast and southeastern United States due to high temperatures and high humidity. The National Weather Service warned an extended period of extreme heat and with little relief overnight can cause heat stress.

"As temperatures rise, plan to limit outdoor activities, stay hydrated, and ensure access to air conditioning and other cooling areas," the weather service said. "Additionally, be sure to check on vulnerable family members, friends, and neighbors."

Contributing: Reuters; Dinah Voyles Pulver, USA TODAY

This article originally appeared on USA TODAY: Weather forecast calls for more dangerous threats across the U.S.

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Weekend forecast to bring more dangerous threats across the U.S.

Weekend forecast to bring more dangerous threats across the U.S. N'dea YanceyBragg, USA TODAYAugust 1, 2025 at 9:0...
New Photo - Is Costco or Sam's Club worth it for empty nesters? We did the math

Why you can trust us We may earn money from links on this page, but commission does not influence what we write or the products we recommend. AOL upholds a rigorous editorial process to ensure what we publish is fair, accurate and trustworthy.

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We may earn money from links on this page, but commission does not influence what we write or the products we recommend. AOL upholds a rigorous editorial process to ensure what we publish is fair, accurate and trustworthy. 

Is Costco or Sam's Club worth it for empty nesters? We did the math

Cassidy HortonAugust 1, 2025 at 4:37 AM

Think you're household's too small for Costco or Sam's Club? We did the math (andykatz via Getty Images)

If it's just you (or you and a partner), buying a 72-pack of frozen waffles or a gallon tub of mayo might feel … excessive. Or like a one-way ticket to throwing out moldy leftovers and reorganizing your garage every three weeks.

So is a Costco or Sam's Club membership really worth it for a one- or two-person household?

The short answer: It can be — but only if you know what to buy, what to skip and how to actually use what you bring home.

✏️ Real talk from the writer

I'm a single person who shops at Costco, and I have friends in two-person households who do the same. But we don't buy everything in bulk. The trick is knowing which purchases actually save you money — and which ones just feel like a deal until you do the math.

When to skip Costco or Sam's Club for small households

Let's start with the obvious: Costco and Sam's Club are designed for volume. And if you're not careful, that can turn into you wasting food, money or both.

Shopping at Costco or Sam's Club might not be worth it for one or two people if:

You don't eat things fast enough. That four-pound tub of hummus has an expiration date for a reason.

You live in a small space and can't store extra goods. What good is a year's supply of toilet paper if it has to live on the dining room table?

You shop impulsively. "$20 for 40 granola bars" sounds great … until you discover you hate that flavor.

You don't go often enough to justify the membership fee. If you're hitting up Sam's only a few times a year, that's a $25 fee before you even load up your cart.

4 times a warehouse club membership makes sense

Despite the warehouse-size packaging, shopping in bulk can make sense for empty nesters and small families — you just have to be a little strategic. Here's when a membership is totally worth it.

You go through staples like nobody's business.

Toilet paper. Trash bags. Paper towels. Laundry detergent. These things don't expire quickly, and they're always annoying to run out of.

Buying in bulk can mean a better per-unit price — especially on pantry items like olive oil, maple syrup and detergent — but not always. Our comparison found some bulk items were actually more expensive than their regular-size counterparts.

You've got snack loyalty.

If you know you love those granola bars or that brand of trail mix, buying the giant box can make financial sense (or at least save you time and trips to the store) if you know you'll finish it.

You need household upgrades.

I've personally scored my Dyson vacuum, TV, pillows, and bedsheets at Costco for way less than I would've paid at other big box stores. My friend got her snow tires and Bose headphones there. If you keep an eye out, the savings on big-ticket items alone can pay for your membership.

In fact, when we compared prices, warehouse clubs really stood out on electronics and home appliances — especially on name brands like Dyson and Bissell. If you're in the market for something like a vacuum, TV or portable carpet cleaner, you could save $50 to $200 or more just by buying it at Costco instead of Target or Amazon.

You use the other perks.

Costco gas is usually cheaper. Costco Travel has legit vacation deals. You can get prescription discounts, cheap optical appointments and discounted gift cards. These extras add up — and make the membership feel a lot more worth it.

🔍 Learn more: 20+ clever ways to save money: Earning, spending and boosting your bottom line

The "bulk savings" myth: When Costco costs more

A lot of people assume buying in bulk automatically saves you money — but that's not always the case.

Comparing unit prices for common items at Costco and Target, we found that some items are cheaper in bulk (especially olive oil, maple syrup and store-brand basics like detergent). But in a few surprising cases — like peanut butter and granola bars — your neighborhood grocery store might actually come out ahead.

So while the warehouse model does offer real savings on some items, it's not a guaranteed deal across the board. Your best bet is to price check the things you buy most often, and only stock up when the math (and your lifestyle) supports it.

Household item

Costco price (per unit)

Target price (per unit)

Toilet paper (per roll)

$0.83

$0.63

Nature Valley granola bars (per bar)

$0.30

$0.27

Peanut butter (per ounce)

$0.21

$0.12

Cheerios (per ounce)

$0.21

$0.29

Olive oil (per ounce)

$0.22

$0.35

Maple syrup (per ounce)

$0.44

$0.53

Trash bags (per bag)

$0.10

$0.12

Oat milk (per ounce)

$0.06

$0.07

Laundry detergent (per ounce)

$0.08

$0.12

Paper towels (per roll)

$2.00

$2.00

Dyson V15 Cordless Stick Vacuum

$559.99 (I checked my own receipt: It was $699.99 less a $140 member discount)

$799.99

Bissell Little Green Pet Portable Carpet Cleaner

$89.99

$114.99

Writer note: We used store brands where not indicated otherwise

🔍 Learn more: 10 best apps to save money on food — from groceries to restaurants

Maximizing your membership (without going broke)

If you're going to pay for a Costco or Sam's Club membership, you want to make it count. These tips can help you avoid our rookie mistakes — and actually save money.

Know what you're there for.

Make a list and stick to it. It's way too easy to walk in for laundry detergent and walk out with a kayak, a box of 100 protein bars and a five-pound wheel of brie (which, though delicious, will outlast most relationships).

Split the cost (and the goods).

Speaking of relationships, most warehouse clubs allow you to split a membership with a friend or family member. (Costco lets you add a household member, for example.) You can also shop together and divide up bulk items you'll never finish on your own. That way, you get the bulk savings without the bulk commitment to a freezer full of bagels.

Watch for deals on big-ticket items.

TVs, laptops, furniture, vacuums — these rotate through seasonal sales. If you're already in the market, it's worth checking prices at Costco or Sam's first. One big purchase could justify the annual fee.

Don't sleep on the services.

Gas, pharmacy, optical, tires, even travel — these behind-the-scenes benefits can quietly add up to hundreds in annual savings, especially if you're spending that money anyway.

🔍 Learn more: 100 best discounts for ages 50+: Groceries, dining, retail, travel and more

Bottom line: Is Costco or Sam's Club worth it for empty nesters?

Honestly? It depends on how you shop and what you buy.

If you value fewer trips to the store or love a good deal on electronics, home upgrades or vacation packages, a Costco or Sam's Club membership can absolutely pay off — whether you're flying solo or a duo. Especially if you're smart about it and skip the temptation to overbuy things you won't use.

But if you're only going for the occasional $5 rotisserie chicken or $1.50 hot dog deal, it might not be worth the annual fee.

As a single Costco shopper, I've learned when you focus on the right things — the stuff you use consistently, the big-ticket deals, the services you'd pay for anyway — the math checks out.

Even if you don't need 40 rolls of toilet paper, it's kind of nice knowing you won't run out anytime soon.

Other stories that might interest you -

Is an AARP membership worth it? Why it just might be (and what to avoid)

Top banking mistakes that could be costing you money

When's the best time to shop for car insurance?

5 places you shouldn't use your debit card (and 3 situations when you should)

7 hidden home insurance benefits and perks you're probably not using

📩 Have thoughts or comments about this story — or ideas on topics you'd like us to cover? Reach out to our team at [email protected].

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New Photo - Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices MICHELLE CHAPMAN August 1, 2025 at 7:57 PM 1 / 2Earns Exxon MobilFile A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023.

- - Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

MICHELLE CHAPMAN August 1, 2025 at 7:57 PM

1 / 2Earns Exxon MobilFile - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. Exxon Mobil reports earnings on Friday, Oct. 27, 2023 (AP Photo/LM Otero, File)

NEW YORK (AP) — Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.

The Texas oil driller still topped Wall Street profit expectations Friday and shares rose slightly before the opening bell, even with global markets falling on the erratic trade polices of the U.S.

The price for a barrel of U.S. benchmark crude has remained below $70 for most of the year and in May, it was well below $60.

Exxon earned $7.08 billion, or $1.64 per share, for the period ended June 30. A year earlier it earned $9.24 billion, or $2.14 per share.

That was better than Wall Street expected, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were calling for earnings of $1.49 per share.

"We achieved our highest second-quarter Upstream production since the merger of Exxon and Mobil more than 25 years ago," Chairman and CEO Darren Woods said, referring to the company's exploration and production operations.

Exxon offset lower prices by ramping up production as well. Second-quarter net production was 4.6 million oil-equivalent barrels per day. That was an increase of 79,000 oil-equivalent barrels per day when compared with the first quarter.

Revenue fell to $81.51 billion from $93.06 billion, missing the $82.82 billion that Wall Street was looking for.

Chevron Corp. reported a second-quarter profit of $2.49 billion, or $1.45 per share. Removing one-time costs, earnings were $1.77 per share.

That was also a four-year low for the second quarter, but it too beat Wall Street profit expectations and missed revenue expectations by industry analysts.

Analysts surveyed by Zacks Investment Research expected Chevron per-share earnings of $1.70.

Quarterly revenue for Chevron, which scored a critical ruling in Paris last month that gave it the go-ahead for a $53 billion acquisition of Hess, was $44.82 billion.

The company said that Permian Basin production increased to 1 million barrels of oil equivalent per day in the quarter. U.S. net oil-equivalent production was up 123,000 barrels per day from a year earlier.

In July eight members of the OPEC+ alliance of oil exporting countries said that they will boost production by 548,000 barrels per day in August in a decision that could further reduce gas prices this year. They cited a "steady global economic outlook" and low oil inventories.

Oil prices spiked sharply in June during the bloody, 12-day conflict between Israel and Iran but then tumbled back down as the U.S. helped broker a peace deal after dropping bombs on three of Iran's key nuclear sites.

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Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices MICHELLE CHAPMAN August ...

 

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