U.S. Markets closed
  • Money Basics: What is a dividend?

    If you invest in stocks, you've likely heard of dividends. Here's how dividends can be a boost to your investments.

    Read More »
  • Business
    Fox Business5 hours ago

    Student loan debt crushing older Americans too

    According to a new report by FICO, the percentage of Americans ages 65 and older with student loan dues increased 300% from 2006 to 2016, compared to 100% for Americans ages 35-64. This statistic will continue to rise as the population ages and older employees turn to workforce retraining programs to learn new labor skills, the data analytics company estimates. As previously reported by FOX Business, outstanding student loan debt has increased by more than 457% since 2003.

  • One of the ugliest stores in retail is crushing its competition
    News
    Business Insider6 hours ago

    One of the ugliest stores in retail is crushing its competition

    Ross owns more than 1,500 stores in 37 states under the banners "Ross Dress For Less" and "dd's DISCOUNTS," and it's opening more than 80 stores annually at a time when department stores are losing sales and shutting down hundreds of stores. "Their customers are of an older demographic who have been loyal for years and will not be easily taken over by Amazon," said Eric Ervin, CEO of Reality Shares, an ETF issuer and research firm whose funds own holdings in Ross Stores.

  • Walmart Is Preparing Its Employees For the Day When Robots Take Over
    Business
    The Streetyesterday

    Walmart Is Preparing Its Employees For the Day When Robots Take Over

    Walmart Store Inc.'s (WMT) store of the future may appear to be scarily devoid of employees. In reality, humans will still work there, but expect to see more robots. In addition to Walmart starting to use 16-foot automated towers to distribute online orders, scan-and-go technology to replace cashiers and digital screens to answer customers' questions, it may eventually deploy robots to handle inventory. "One thing is for sure, employees will be in different roles," Greg Foran, president and CEO of Walmart, said in response to a question posed by TheStreet on Thursday, Aug. 17 during a media call. "Do I want to have a situation where in every Supercenter I've got a team of associates out in the