(Bloomberg) — Costco Wholesale Corp. is boosting its basic membership fee for the first time since 2017, raising the charge for most memberships to $65 a year from $60.

Most Read from Bloomberg

Saudis Warned G-7 Over Russia Seizures With Debt Sale Threat

The End of the Cheap Money Era Catches Up to Chelsea FC’s Owner

Distressed Property Buyers Seek Out ‘Exceptional Bargains’