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Costco Wholesale misses quarterly sales estimates due to still-subdued spending

(Reuters) – Costco Wholesale missed market expectations for fourth-quarter sales on Thursday, reflecting cautious spending by price-conscious customers at its members-only stores as well as the impact of lower gasoline prices. The company’s shares fell about 1% in extended trading….

Why Texas Instruments shares rose more than the chip sector today

Shares of Texas Instruments (NASDAQ:TXN)a maker of analog and embedded chips, rose as much as 4.1% on Wednesday before falling to just 3% by 12:18 p.m. ET. Still, this was a much larger gain than the broader semiconductor sector, with…

Experts predict tax increases in the budget as the Trudeau government must work hard to fulfill its promises

Economists and experts assume that the federal government will raise taxes in the draft budget presented on Tuesday in order to offset billions in new spending that were already promised in the almost daily announcements made since the end of…