 This is a Bloomberg Money Minute. Costco is hiking its membership fees for the first time since 2017. The warehouse club is boosting the charge for its basic membership $5 to $65 a year. The price increase will take effect September 1st. Shares of Pepsi lower, the beverage giant reporting weaker than expected revenue growth. The maker of Doritos says its snack food business was hurt by increasingly budget-focused shoppers and a recent recall at Quaker Foods.