Inflation hits Amazon: Price of Prime memberships going up

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Inflation hits Amazon: Price of Prime memberships going up

Circle Squared Alternative Investments Jeff Sica provides analysis into the Amazon markets report on ‘Varney & Co.’

Amazon announced Thursday that it would be boosting the price of its Prime membership for U.S. customers, citing rising costs as the reason behind the decision.

In a letter to investors outlining its fourth quarter earnings, the company stated that increased wage and transportation costs along with its expansion of membership benefits has led the online retail giant to increase its Prime fees for the first time since 2018.

FILE PHOTO: Logos of Amazon and Amazon Prime are pictured on vehicles outside the Amazon Fulfilment Centre in Altrincham, near Manchester, Britain, November 26, 2021. REUTERS/Carl Recine/File Photo (Reuters / Reuters Photos)

STATEN ISLAND AMAZON WAREHOUSE GAINS ENOUGH SUPPORT FOR UNION ELECTION, LABOR BOARD SAYS

Monthly Prime memberships will go from $12.99 to $14.99, and annual memberships will be hiked to $139 from the

US companies unexpectedly slash jobs in January as omicron surge batters economy

FOX Business’ Madison Alworth discusses red states like Texas, Arizona, Idaho, and Utah recovering all jobs lost during the COVID-19 pandemic.

U.S. companies unexpectedly cut jobs in January for the first time in a year, as a surge in the highly contagious omicron coronavirus variant battered the labor market’s recovery from the pandemic, according to the ADP National Employment Report released Wednesday morning.

Companies shed 301,000 jobs last month, sharply missing the 207,000-job gain that economists surveyed by Refinitiv had predicted and a major drop from the downwardly revised gain of 776,000 in December. It marked the first time that ADP reported negative growth since December 2020, when companies shed 123,000 jobs before the vaccines were available.

FED SIGNALS INTEREST RATE HIKE COULD COME ‘SOON’ AS INFLATION RAGES

“The labor market recovery took a step back at the start of 2022 due to the effect of the omicron variant and

Kudlow: I’m sticking with Joe Manchin

FOX Business host weighs in on the Democrats’ spending spree on ‘Kudlow.’

We begin tonight with, “Save America, kill the bill.”

One of those thumb-sucking news stories planted by progressive lefties to a Wall Street Journal reporter suggesting that the radicals were somehow willing to negotiate with Joe Manchin and Manchin was somehow willing to play.

As I say, it was a silly story with no basis in fact. The Washington Times had a much more accurate story that suggested Manchin is not negotiating with anybody on big government socialism, sometimes called “Build Back Better” or “Build Back Smaller” or even “Build Back Chunkier”…but then the King himself, Joe Manchin, put an end to all of it today, which is why we love him. He’s been incredibly consistent.

WITH MEAT PRICES RISING AGAIN, GROCERY CHAIN BUYS DIRECT FROM PRODUCERS

Sen. Joe Manchin (D-WV) speaks to reporters before a caucus meeting

How deregulation made Idaho the fastest-growing state

Idaho governor discusses what policies helped make Idaho the fastest-growing state in 2021.

Idaho is the least regulated state, according to George Mason University’s Mercatus Center, and Republican Gov. Brad Little said that deregulation has contributed to the state’s status as the fastest-growing in 2021.

“We continue to work on it, and it was one of my priorities when I came in,” Little told Fox News Digital at the National Governor’s Association winter meeting. “The first year we cut or simplified 75% of all rules.”

Little announced in 2019 that in his first year in office, the state eliminated 1,804 pages of administrative code, and for every chapter added, cut 83 chapters.

Rep. Nicole Malliotakis, R-N.Y., discusses Biden’s upcoming meeting with NYC Mayor Eric Adams as crime surges, the administration’s handling on rising crime and DHS flying illegal migrants throughout the country.

Little said he plans to continue

Spice company that called Republicans racist begs for gift card purchases after losing customers

Judicial Crisis Network President Carrie Severino discusses ‘The View’ claiming Supreme Court Justice Clarence Thomas doesn’t represent the Black community.

A Wisconsin-based spice company that made headlines earlier this month when its CEO sent an email to customers accusing Republicans of racism is now asking people to buy gift cards after hemorrhaging tens of thousands of customers.

Earlier this month, Penzeys Spices CEO Bill Penzey renamed the extended Martin Luther King, Jr. Day weekend to be “Republicans are racist weekend” in a newsletter to customers. In the letter, he said his aim was to anger Republicans in honor of the late civil rights icon.

Dr. Martin Luther King, Jr. speaking before crowd of 25,000 Selma To Montgomery, Alabama civil rights marchers, in front of Montgomery, Alabama state capital building. On March 25, 1965, in Montgomery, Alabama. (Stephen F. Somerstein/Getty Images) (Getty Images)

“Remember how Republicans, going against a mountain