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Showing posts with the label concerns

S&P 500 Flattens on Report of Waller as Trump's Preferred Fed Chair Pick

  S&P 500 Flattens on Report of Waller as Trump's Preferred Fed Chair Pick Key Takeaways Key Point Details Market Impact S&P 500 trimmed early gains Thursday amid Fed independence concerns Leading Candidate Christopher Waller's odds surged to 51% on prediction markets Policy Stance Waller recently dissented, voting for 25bp rate cut Timeline Fed chair selection expected before Powell's term ends in May 2026 Eliminated Candidates Treasury Secretary Scott Bessent no longer under consideration Market Reaction: S&P 500 Loses Steam on Fed Chair Speculation The S&P 500 gave up its morning gains Thursday after reports surfaced that Christopher Waller emerged as Trump's top pick for Federal Reserve chair. Markets don't like uncertainty, and this news created exactly that kind of worry among investors. I've seen this pattern before during my years watching Fed transitions. The market initially celebrates any clarity on leadership picks, then qui...

Costco Executive Hours Start June 30: New Access Rules, Pharmacy Exceptions & Extended Saturday Hours

  Key Takeaways Exclusive early access : Executive members get weekday/Sunday 9-10 AM and Saturday 9-9:30 AM entry starting June 30 . Extended Saturday hours : All members can shop until 7 PM on Saturdays . New $10 monthly credit : For Executive members on same-day Instacart orders over $150 . Grace period : Gold Star/Business members retain 9 AM access at select locations through August 31 . Employee impact : Staff express concerns about workload and preparation time . Costco’s New Executive Hours Explained Starting Monday, June 30, 2025, Costco rolled out earlier shopping times for Executive members—a perk not seen since 2017. These members now get exclusive access 30–60 minutes before regular hours: 9–10 AM Sunday–Friday, and 9–9:30 AM on Saturdays. After these windows, all members can enter (10 AM weekdays/Sundays; 9:30 AM Saturdays). For warehouses that  already  opened at 9 AM, only Executive members retain that access now. Gold Star and Business members at these lo...