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Costco Costs More Than $920 a Share. Here’s Why I’d Still Buy One.


It’s not just Costco‘s (COST +2.93%) packaged merchandise trading in large sizes. The leading warehouse club operator also has a bulk-size price. Costco closed at $922.77 on Friday. Don’t let the large price dissuade you.

You would need to shell out more than $92,000 to buy a round lot of Costco, but don’t let the steep potential cover charge dissuade you. Your broker may offer fractional shares, but even if that’s not the case, a single share for a little more than $920 could set you up nicely for the years ahead.

Image source: Getty Images.

A real deal

Here’s the deal. Costco stock may seem pricey, but it’s actually trading 2% lower than it was a year ago. This is opportunity knocking, even if you’re not a card-carrying member of the warehouse club chain. Costco is still growing.

Revenue has increased 10% over the past year, while the bottom line has risen even faster. Its latest quarterly update — announced late last week — was another earnings beat, even if you back out some coffer-padding tariff refunds.

Costco Wholesale Stock Quote

Today’s Change

(2.93%) $26.29

Current Price

$922.77

Costco has traditionally been a low-beta stock, holding up well during market setbacks given its somewhat recession-resistant value proposition. Beyond the dividend that it has increased for 22 consecutive years, it should also announce a larger special distribution later this year.

Add it all up, and Costco is a quality stock worth owning. Your next $1,000 to invest can be put to work on buying 100 shares or more of a speculative stock trading in the single digits, but a single share of Costco could be the better investment.

Rick Munarriz has positions in Costco Wholesale. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

Hilton Honors Could Be Adding a New “Black Diamond” Elite Tier


Hilton Honors Adding “Black Diamond” Elite Status?

Hilton Honors might have another elite tier in the works. “Black Diamond” has reportedly appeared in internal Hilton training materials, positioned above the recently launched Diamond Reserve tier.

The reported hierarchy, first shared by Loyalty Lobby, shows Black Diamond at the very top, followed by The Honors Society, then Diamond Reserve, Lifetime Diamond and Diamond.

There aren’t many details beyond that. Hilton hasn’t officially announced Black Diamond, and we don’t know the qualification requirements, benefits, or whether it would even be a publicly attainable status.

The Honors Society tier isn’t entirely a secret anymore. Hilton CEO Chris Nassetta was asked about the rumored invite-only status earlier this year. He didn’t confirm it, but suggested there could eventually be something beyond Diamond Reserve.

Josh Remsberg appointed Head of Commercial Partnerships at direct-to-fan platform EVEN


Direct-to-fan platform EVEN has appointed Josh Remsberg as Head of Commercial Partnerships.

The position at EVEN is a new one, the company said on Friday (September 25).

Remsberg most recently served as SVP, Head of Commercial Strategy & Revenue at Warner Records, leaving the label in a restructuring of its marketing and commerce teams in July 2025.

Remsberg will run the company’s commercial relationships across the music business, dealing with labels, distributors, managers, artist teams, and other partners.

His brief also covers EVEN‘s commerce relationships, including merchandise partners, plus what the company calls “key industry and chart-reporting organizations.”

He most recently served as SVP, Head of Commercial Strategy & Revenue at Warner Records. Warner Records’ US revenue rose 30% during Remsberg‘s tenure, and its US market share grew by 35%.

Remsberg brings more than 20 years of experience across commercial strategy, revenue, business development, marketing, and artist management. At Warner, he oversaw revenue, commercial partnerships, and strategic marketing for a roster including Zach Bryan, Benson Boone, and Teddy Swims.

“Josh understands both the creative ambition of artists and the commercial realities of the teams supporting them,” said Mag Rodriguez, Founder and CEO of EVEN. “As EVEN continues to scale, he will help us deepen our relationships with labels and partners across the industry and expand how they use EVEN STUDIO, to build stronger artist businesses and create more value around music.”

Before Warner Records, Remsberg spent two decades at Universal Music Group, most recently as SVP, Commerce & Business Development at Capitol Records. He moved to Warner Records in 2022 as SVP, Commercial Revenue.

“As EVEN continues to scale, he will help us deepen our relationships with labels and partners across the industry and expand how they use EVEN STUDIO, to build stronger artist businesses and create more value around music.”

Mag Rodriguez, EVEN

At Capitol, his remit took in digital strategy and business development, digital deals, marketing technology, advertising, and the Capitol 360 Innovation Center.

As Head of Commercial Marketing, he worked on release strategies for artists including Katy Perry, Halsey, Paul McCartney, and Niall Horan.

EVEN says Remsberg also co-founded independent management company Art Associates, whose clients included Mayer Hawthorne, Gabriel Garzón-Montano, and Tuxedo.

“This is a moment when artists have more ways than ever to reach fans, but there is still an enormous opportunity to make those relationships more direct and more valuable,” said Remsberg. “EVEN is building something that works alongside streaming and the rest of the existing ecosystem while creating entirely new opportunities for artists and their partners.

“I’m excited to help bring that model to more of the industry.”

EVEN launched in April 2024 and sells music, content, and experiences direct to fans before releases reach streaming services.

“EVEN is building something that works alongside streaming and the rest of the existing ecosystem while creating entirely new opportunities for artists and their partners.”

Josh Remsberg, EVEN

The platform supports over 30 payment methods across 140 currencies and reports eligible sales to Luminate for Billboard chart inclusion.

Artists reach it through two products: EVEN Marketplace, a consumer-facing discovery platform, and EVEN Studio, a white-label product that turns artist websites into fan destinations.

The hire follows a run of partnership deals for the company. EVEN struck a multi-year agreement with Universal Music Group in February this year, establishing it as a direct-to-fan resource for the major’s labels and artists.

In June, EVEN partnered with independent music company Cinq Music to bring its tools to that company’s distributed roster.

Those deals followed earlier agreements with digital distributors including Too Lost and Symphonic in 2025.

EVEN says it has onboarded more than 500,000 artists, via direct signups and distribution partnerships, across over 3,000 labels and distributors in more than 110 countries.

Remsberg‘s appointment is the latest senior hire at the company, which named Lauren Wirtzer Chief Operating Officer in October 2025.

Wirtzer joined EVEN after senior roles at SoundCloud, UnitedMasters, and Instagram.Music Business Worldwide

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Exponential Wealth: Centuries of Stock and Bond Returns


Section 1. Overview of Stock and Bond Returns

Authors: 
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Laurence B. Siegel (CFA Institute Research Foundation)
Thomas M. Idzorek, CFA (Morningstar) 
James P. Harrington (Kroll) 

Section 2. The Past 100 Years in US Markets

Authors:
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Otto S. Manninen (Yale School of Management)
William N. Goetzmann, PhD (Yale School of Management)
James Tyler (Bridgewater Associates)  
Thomas S. Coleman, PhD (University of Chicago)
Laurence B. Siegel (CFA Institute Research Foundation)
Carla S. Nunes, CFA (Valuation Research Corporation)

Section 3. Centuries of US and Global Returns

Authors:
Edward F. McQuarrie, PhD (Santa Clara University) 
Elroy Dimson, PhD (Cambridge Judge Business School)
Paul Marsh, PhD (London Business School)
Mike Staunton, PhD (London Business School)  
William N. Goetzmann, PhD (Yale School of Management)
Fernando Reyes De La Luz (Yale School of Management)
K. Geert Rouwenhorst, PhD (Yale School of Management)  
Rajkumar Janardanan (SummerHaven Investment Management)
Xiao Qiao, PhD (City University of Hong Kong)
Tadaaki Komatsubara (Ibbotson Associates Japan, Inc.)  
Peng Chen, PhD, (Morningstar China)  
Bryan Taylor, PhD (Finaeon, Inc.) 
David Chambers, PhD (Cambridge Judge Business School) 
Antti Ilmanen, PhD (AQR Capital Management)
Paul Rintamäki (Frankfurt School of Finance and Management)

Section 4. The Future

Authors:
Thomas M. Idzorek, CFA (Morningstar)
Roger G. Ibbotson, PhD (Yale School of Management; Zebra Capital Management, LLC)
Paul D. Kaplan, PhD, CFA (Morningstar Canada) 
William N. Goetzmann, PhD (Yale School of Management)
Otto S. Manninen (Yale School of Management)

Economists see inflation running hotter in Canada, survey shows




Economists are boosting their forecasts for Canada inflation, now saying price pressures won’t return to the central bank’s 2% target until the third quarter of next year.

The making of Tim Cook: How Apple’s departing CEO went from ‘the genius behind Steve Jobs’ to a star in his own right


When Fortune first put Tim Cook on its cover in 2008, senior writer Adam Lashinsky introduced him as the “under-the-radar guy” who might someday succeed Steve Jobs as Apple CEO—a “genius” and an “operations whiz,” but also a “blank slate” to outsiders.

Cook himself resisted the notion that he could lead Apple: “Come on, replace Steve? No. He’s irreplaceable.”

By 2012, when Lashinsky returned to Cupertino, he found Cook six months into his tenure, a CEO “in complete control.” Jobs had stepped down in 2011 and died soon after, and, Lashinsky wrote, “Cook consistently pays homage to the legacy of Jobs, but he doesn’t apologize for charting a new course.”

Lashinsky was back again in 2015, and by then there was no question: Under Cook, Apple had become richer, bigger, and more expansive in its ambitions. “He never tried to be Steve,” one Apple executive observed. “He tried to always be himself.”

Cook, the calm pragmatist, didn’t resemble his formidable, combustible predecessor. But he had become a visionary leader in his own right.

This article appears in the October/November 2026 issue of  Fortune with the headline “Becoming Tim Cook”

Left: JOSUE EVILLA, FROM PHOTOS BY GETTY IMAGES; right: JESSE LENZ, FROM PHOTOS BY ISTOCK AND APPLE

left: Spencer Lowell for Fortune; right: Joe Pugliese for Fortune

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.

[MA & CT only] PeoplesBank (Bankatpeoples) $350 Checking Bonus


Update 9/26/26: Deal is back until October 26, 2026  with promo code FALL26. Hat tip to reader Bockrr

Update 5/30/26: New $350 offer. Valid until 6/30/2026. Hat tip to reader d_duke

Offer at a glance

  • Maximum bonus amount: $350
  • Availability:Offer available in Hampden/Hampshire/Franklin counties in Massachusetts and former Hartford/Tolland/Litchfield/Middlesex counties in Connecticut
  • Direct deposit required: Yes, $1,500+
  • Additional requirements: See below
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: $500 per application
  • Monthly fees: None
  • Early account termination fee: 90 days, $15
  • Household limit: One
  • Expiration date: September 30th, 2020 10/21/2022 6/30/26

The Offer

Direct link to offer

  • PeoplesBank is offering a checking bonus of $350 when you open a new PeoplesBank checking account using promo code fall26 and complete the following requirements:
    • Have a minimum of $1,500 in direct deposits within 60 days of the account open date

 

 

The Fine Print

  • Customers who have received promotional payouts previously are not eligible. Cannot be combined with any other offer. Offer available in Hampden/Hampshire/Franklin counties of Massachusetts and Hartford/Tolland counties in Connecticut.
  • Minimum opening deposit of $10 required. The Free Checking account must be opened online at bankatpeoples.com/checking250 with the promotion code of Get250 by 9/30/2020.
  • To qualify for the offer you must perform 30 point of sale (POS) debit card transactions and have a minimum of $2,000 in aggregate of mobile deposits and/or direct deposits to the new account within 60 days from the account open date.
  • Although not all debit card POS transactions appear in your account immediately or may appear as ‘pending’ due to merchant processing times, these transactions will count toward the total POS debit card transactions.
  • Qualifying direct deposits are electronic deposits (such as salary, pension, Government Benefits or other monthly ACH deposits) made into your PeoplesBank Free checking account from third parties.
  • If you meet the criteria you will receive $250 in your account within four (4) weeks from meeting the criteria.
  • Customers who have had an open PeoplesBank checking account within 12 months of new account opening are not eligible for the offer.
  • PeoplesBank associates are not eligible.
  • Personal accounts only.
  • Limit of one promotional account per household.
  • Cannot be combined with any other offer.
  • Offer available only to residents of Hampden/Hampshire/Franklin counties in Massachusetts and Hartford county in Connecticut. Offer subject to change without notice.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The free checking account has no monthly fees to worry about

Early Account Termination Fee

According to comments on previous bonuses there is an  early account termination fee of $15 if the account is closed within 90 days.

Our Verdict

Previous bonus was $400. Might be better to wait for that offer to return, but before that bonus the best bonus was $300 with a direct deposit. We will add this to our best bank bonus page even though we’ve seen that bigger bonus in the past.

Useful posts regarding bank bonuses:

Research: How Speech Patterns Shape Opportunity at Work



<p>Leaders often unintentionally favor employees whose speech and mannerisms are familiar.</p>

Different Outcomes Require Different Choices | September 2, 2026



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