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  • Money Basics: What is a security?

    A security can refer to a number of different things and knowing about how a security works is key to your portfolio's success.

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  • Here's Why Ross Stores (ROST) Stock Popped Today
    Finance
    Zacksyesterday

    Here's Why Ross Stores (ROST) Stock Popped Today

    Shares of Ross Stores, Inc. ROST jumped 10.67% in trading on Friday, closing at $59.02 per share, after reporting better-than-expected second quarter fiscal 2017 results.Ross reported earnings of $0.82 per share, beating the Zacks Consensus Estimate of

  • A Nation of Broke People Are Killing Retail More Than Amazon: Top Expert
    Business
    The Street17 hours ago

    A Nation of Broke People Are Killing Retail More Than Amazon: Top Expert

    Retail stocks have slumped this year.  While many chalk up the declines to competition from online retail behemoth Amazon (AMZN) , famed market expert Peter Schiff, CEO of Euro Pacific Capital, doesn't agree. "Amazon has been here for a long time - this is the worst year for retail - it's worse than 2008 and 2009," he said. "This is because consumers are broke - they have lousy jobs, they're loaded up with debt and they can't afford to buy stuff." He pointed to Foot Locker's (FL) 25% decline on Friday.  Schiff isn't comforted by the double-digit gains in earnings growth for the past two quarters in U.S. stocks. "Let's see what happens if we go to a recession which is going to impeded [companies']

  • Cisco's Chuck Robbins says tech's diversity problem 'should be a nonissue'
    Technology
    The Street17 hours ago

    Cisco's Chuck Robbins says tech's diversity problem 'should be a nonissue'

    A cascading number of events over the past several months have forced Silicon Valley to finally confront its long-standing issues with diversity and sexism. To name a few: There was the blog post from former Uber Technologies Inc. engineer Susan Fowler, which detailed the ride-hailing startup's systemically bad treatment of women and kicked off a series of investigations into alleged sexual harassment; then several female entrepreneurs came forward with stories of sexual harassment and predatory behavior from influential venture capitalists; and earlier this month, fired Alphabet Inc. (GOOGL) engineer James Damore penned a sexist memo that circulated among employees, and later leaked, claiming that