Walmart Is Boosting the Pay for More Than 1 Million of Its Workers Today


Starting as an employee of a Walmart (WMT – Get Report) store just got lightly more lucrative as the giant retailer looks to attract more workers and improve customer service.

Today, Walmart will raise its minimum wage for store workers hired before Jan. 1 to at least $10 per hour from $9 an hour. New entry-level workers will continue to start at $9 an hour but can move to $10 an hour in as soon as six months by going through a training and development program.

Walmart workers that already earn more than $10 an hour will receive a pay increase this month of about 2%, according to the company, rather than having to wait until their anniversary date.

In total, Walmart estimates that about 1.2 million employees of Walmart U.S. and Sam’s Club will see their pay increase on Saturday, out of 1.4 million associates at its 5,000-plus stores and clubs nationwide. “It’s awesome to give a raise to more than 1 million people on the same day,” said Walmart CEO Doug McMillon on an earnings call Thursday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful

How Virtual Reality Is Going to Change Your Life


So you’ve probably seen some news recently about nearly every major tech company getting into virtual reality. Naturally, you’re wondering what all the fuss is about.

Alphabet’s (GOOG – Get Report) (GOOGL – Get Report) Google is reportedly working on a stand-alone virtual reality headset that wouldn’t need a smartphone, PC or game console to work, which would be an industry first. There have been hints Apple (AAPL – Get Report) is working on something in the space, which if true, could be the company’s next big product.

Meanwhile, Facebook’s (FB – Get Report) Oculus Rift appears to be an early hit, with the device back-ordered all the way until July. And HTC Vive/Steam captured more than its fair share of attention at CES in January, and Samsung’s $99 Gear VR was one of the top sellers on Amazon this holiday season.

STOCKS TO BUY: TheStreet’s Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

There are also augmented

As Recession Fears Loom, These Discount Stores are Poised to Win With Shoppers and Reward Investors


With employment up, and gas prices down nearly a third since last July, Americans should be spending more of their income on shopping and entertainment.

But they’re not.

Retail sales aren’t picking up as fears of a recession continue to loom. Crashing stock markets, depressed crude oil prices, and slowing economic activity in China are adding to the bad news. The National Retail Federation estimates that retail sales will grow 3.1% in 2016, down from 4.1% in 2015. That’s still higher than the 10-year average of 2.7%, which includes the Great Recession years.

Jittery American shoppers, especially the middle class, are flocking to small-format and bargain stores, which survived during the Great Recession and have benefited ever since owing to a switch by shoppers to a more frugal mindset. Select stocks in this “bargain store” niche are also ideal for your long-term wealth building plan.

Back by Popular Demand…“Confessions of a Street Addict” Get a FREE signed copy of Jim Cramer’s national best-seller when you gain access to his multi-million dollar charitable trust portfolio! Click here to see Jim’s holdings and get your FREE gift.

As anxiety and uncertainty rule the

Find The Best Of Portable Turnstiles

the door is a liaison body to perform activities or enter something out of a scene. the door is one important element that is always present in a building that is in homes, buildings, offices, supermarkets, stores, and others. door function is basically as a liaison between the rooms were permanently separated from each other and help air circulation. In addition to these functions, the door also serves as the guardian of privacy and the security of a place. for example office door, handy to maintain the privacy and security of documents in that office room. If you need a revolving door with the best quality and price accordingly, portable turnstiles is the right choice. When you’re looking for the best in security access, loss control devices, and high tech security systems, look no further than us.

In this globalization era, the doors that commonly used in offices and other commercial places like supermarket, hotel, office building is kind of automatic revolving doors. the doors that automatically close itself. in contrast to the regular door that is closed, this door can automatically close itself. The door rotates automatically when there is a movement of people

Why Amazon Doesn’t Really Care if You Buy Anything at its Bookstore

Amazon (AMZN – Get Report) surprised everyone in November when it opened up its first physical bookstore in Seattle, and since then rumors have been floated about further expansion. While it’s unclear what Amazon’s strategy truly is when it comes to brick and mortar, experts are pretty sure it’s not really about the sales.

Amazon Books gives the e-commerce giant a way to play around with physical retail and experiment, while gaining insight and analytics into the channel. The company probably isn’t expecting a profit boost from brick and mortar any time soon.

STOCKS TO BUY: TheStreet’s Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

“It’s at the moment one store that’s an experiment and their metrics for success likely won’t have anything to do with sales though that could be a nice bonus if it happens to deliver sales,” said Forrester analyst Sucharita Mulpuru.

Must Read: Amazon Prime Members Are Even More Valuable Than You Thought

As physical retailers are increasingly tapping into the online channel, it only makes sense that Amazon guards its turf by venturing into the physical channel.

“It’s indicative of this move to omnichannel,” said ABI Research analyst

GOP Leaders Express Dismay, Denial on Twitter Following Trump Win in South Carolina Primary

Just as Jeb Bush once asked town hall audience members to please clap, the Republican establishment is ready for John Kasich and Ben Carson to please quit — because otherwise, the thinking is, they’ll have to deal with a Donald Trump nomination.

The South Carolina primary left many in the GOP dazed and confused after producing results that, just months ago, seemed unthinkable: Trump finished 10 points ahead of his closest rival, and Bush garnered so few votes in a state that should have been a stronghold that he decided to drop out of the reace. The billionaire real estate magnate now has two primary victories under his belt and, according to RealClearPolitics, heads to Nevada, where the next caucus will be held, with even more support than he had in South Carolina.

Surveying the scenario, many GOP leaders are dismayed — and in denial.

Conservative magazine National Review, which in January dedicated an entire issue to taking down Trump, acknowledged that the frontrunner’s South Carolina victory is a big deal but appears to hope there are still other options. “I don’t consider Trump inevitable, but there is no getting around how big this win was for him,” wrote editor Rich Lowry Sunday.

Top Investment Grade Vehicles

Much like today’s capital markets or real estate, the automotive space has its fair share of investors. While some gear heads like to collect cars for the love of anything with four wheels, there are also business folks out there looking to get their hands on the next auto that will be super desirable so it can be flipped at a profit. So if you’re financially minded, how do you move from a focus on specs like horse-power and torque and zero in on ROI?

It’s trickier than you’d expect. Unlike high finance, there really isn’t a quantifiable way to place a valuation on an automobile in an effort to determine if it will generate a return over a specified time horizon. And unlike real estate where you can ride the wave if a neighborhood is undergoing gentrification — e.g., Jersey City or Brooklyn’s Williamsburg — car collectors can be very fickle as automobiles are typically more disposable than a property.

Still, car buffs are committed to finding that elusive set of wheels, the one they’ll buy low and sell high even though cars are notorious as steeply depreciating assets.

“Collectors are very serious about finding that next vehicle that will increase in value,” says

Millennials Should Look Before Leaping Into Personal Loans

Hey, we’re taking out personal loans again! That’s… a little frightening.

According to Bankrate, 24 million Americans are likely to take out a personal loan this year. Those are unsecured loans that do not require collateral like a house or car. While they’re used for home improvements, debt consolidation and other purposes, one of their more common uses is for emergencies, and some of their more common users are younger applicants.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

“I think the actual number will be even higher,” said personal loans expert Todd Albery, chief executive of, a Bankrate company. “A lot of people don’t plan for a personal loan until their roof leaks or their car breaks down. Since three in ten Americans have no emergency savings whatsoever, they’re just one unplanned expense away from needing cash in a hurry.”

That “no emergency savings” revelation is especially noteworthy with TransUnion, which pointed out that the number of U.S. consumers taking out personal loans has increased 18% since 2013. Meanwhile, by the third quarter of 2015, according to the Federal Reserve Bank of New York, total U.S. credit card

If Donald Trump Was President, Here’s What Would Happen to the U.S. Economy

Editor’s note: This story was originally published in October. Republican frontrunner Donald Trump won the South Carolina Republican primary Saturday, sending more shockwaves through the GOP esablishment as Jeb Bush dropped out of the race. It’s worth taking another look at what the U.S. economy may look like under a President Trump. Trump also won the New Hampshire primary convincingly and placed a close second in Iowa.

The section on health care has been updated, as well as more information about Trump on immigration. 

There’s no denying Trump has done a good job of making himself rich — he’s worth somewhere between $4.5 billion and $10 billion, depending who you ask. Can he make the rest of America rich, too?

The economy isn’t something Trump looks forward to tackling. In a January interview with “Good Morning America,” Trump offered up a bleak assessment of the U.S. economy but added that, in terms of fixing it, it’s a task he’d rather skip.

Must Read: If Ted Cruz Were President, Here’s What Would Happen to the U.S. Economy

“We’re in a bubble,” he said. “And, frankly, if there’s going to be a bubble popping, I hope they pop before I become president because I don’t want to inherit all this stuff.

Donald Trump Wants You to Boycott Apple

iPhone sales will continue to decline if Donald Trump has his way.

The boisterous billionaire and Republican presidential race frontrunner called for a boycott on Apple (AAPL – Get Report) Friday, according to numerous reports. He wants consumers to steer clear of the tech giant’s products until it hands over the information requested by the FBI over the San Bernardino shootings.

“Apple ought to give the security for that phone, okay?” Trump said in a rally in Pawley’s Island, South Carolina. “What I think you ought to do is boycott Apple until such time as they give that security number. How do you like that? I just thought of it. Boycott Apple!”

Must Read: If Donald Trump Was President, Here’s What Would Happen to the U.S. Economy

Apple has been embroiled in a battle with the U.S. government this week over an order from a California court that it help unlock the phone of gunman Syed Farook, who used an iPhone 5c. Earlier this week, in a letter posted to the company’s website, Apple CEO Timothy D. Cook said the request would set a “dangerous precedent,” threatening the security of Apple’s customers, something it has long said it

This Hot Stock Shows Why 10 Billionaires Can’t All Be Wrong

If you think solar energy is only embraced by the sort of people who vote for Sen. Bernie Sanders (D., Vt.), a self-avowed socialist, consider this: Ten billionaires are investing massive sums in renewable energy technologies such as solar. Warren Buffett, George Soros, Bill Gates and their super-wealthy peers can hardly be considered as naïve and utopian.

Below, we examine a solar stock with the greatest growth potential this year. It’s poised for triple-digit gains in 2016, no mean feat in a market that some analysts are saying will soon descend into a prolonged slump. If you want to “beat the bear,” you should look for companies with game-changing technologies that are tapped into unstoppable trends.

But there’s another misconception about solar right now. Many investors think that persistently low oil and gas prices will compel end users to abandon solar in favor of cheaper fossil fuels.

STOCKS TO BUY: TheStreet’s Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

If you believe that fallacy, you’ll miss one of the most exciting investment opportunities to come along in decades. Fact is, the infrastructure for the solar industry is now pervasive and entrenched, leading to

Biogen and Other Biotech Stocks Are About to Rally, These 3 Charts Show

when things seemed like they couldn’t get any better for biotech stocks, we analyzed Gilead (GILD – Get Report) and the NYSE Arca Biotech Index using the objective decision support engine. The warning was clear: Investors needed to exit the biotech sector because it was about to crash. Now, however, opportunity seems to be knocking in many of these battered stocks.

First, let’s survey the existing damage. From its July peak at more than 4400, the NYSE Arca Biotech Index recently fell to around 2600. That’s a crash of 41%. While Gilead fell “only” about 33% from its high last summer to its recent low, another well-known biotech stock, Biogen (BIIB – Get Report)  has seen its market cap nearly cut in half.

Brand New – TheStreet’s Biotech Bible! Before you invest one single dime in any biotech stock you have got to KNOW WHAT YOU ARE BUYING! Get THE most comprehensive text covering the 171 biotech companies that have gone public since 2013! There’s nothing else like it for digging into this highly speculative group of stocks.  Get a FREE copy today!

The decision support engine is now flashing an alert that many biotech

How Bernie Sanders Wants to Tax Your Trades

“Yes, I do believe that now after the American people bailed Wall Street out, yes, they should pay a Wall Street speculation tax so that we can make public colleges and universities tuition-free,” said Vermont Senator Bernie Sanders at the sixth Democratic presidential debate in Milwaukee. But what exactly does such a tax entail?

One of the core parts of the Sanders campaign platform, the Wall Street speculation tax — otherwise known as a “financial transaction tax” — aims to raise billions of dollars in revenue by placing a small levy on every stock, bond and derivative bought and sold in the United States. He says such a measure would cover the entirety of his $75-billion-a-year plan to make free college a reality in America.

Sanders’ proposal largely mirrors the Inclusive Prosperity Act, a bill put forth by Keith Ellison, a Democratic Representative from Minnesota, in 2015. Under the proposals, stock trades would be taxed at a 0.5% rate, bond trades at 0.15% (in the Ellison plan, 0.10%) and derivatives at 0.005%.

“The idea of taxing trading and financial markets is not especially original. It’s been done already in many, many countries,” said Robert Pollin, professor of economics and co-director of the

Seniors Should Consider Social Security Loopholes Before They Close

A big Social Security loophole is closing, but there’s still time for seniors to jump through it and sock away some cash.

We’ve already mentioned that the Bipartisan Budget Act of 2015 is closing Social Security’s “file and suspend” loophole on April 30. Once both members of a couple reached retirement age, that loophole made it possible for the higher earner to file for benefits and suspend them until age 70 while the lower earner could file for the other’s spousal benefit — which is up to 50% of the highest earner’s Social Security benefits. Within the couple, each member’s own benefits would go untouched and continue to grow until age 70, when the lower earner could stop taking the spousal benefit and go for the higher benefit if necessary.

“It’s basically free money,” says Laurie Samay, a certified financial planner and portfolio manager with Palisades Hudson Financial Group. Yes, a free money scheme that’s going the way of the dodo.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

Also gone is the “restricted application” loophole that allowed someone who was full retirement age or older and eligible for

Stocks George Soros Loves

George Soros has no qualms about dipping his toes into the technology arena, though he has admitted to having some rather non-technical approaches to the markets in the past.

The billionaire investor and founder of Soros Fund Management has spoken and written at length about his philosophy-based theories of fallibility and reflexivity, by which investors’ views do not perfectly correspond to the actual state of the market and the financial markets have an active role in affecting future earnings flows and determining prices.

Exclusive Look Inside: You see Jim Cramer on TV. Now, see where he invests his money. Check out his multi-million dollar portfolio and discover which stocks he is trading. Click here to see the holdings for 14-days FREE.

Soros is known for following his impulses as well. He divulged in the 1995 book Soros on Soros that he sometimes relies on “animal instincts” in investing and said that he often used the onset of back pain as a signal that something was wrong with his portfolio, though it didn’t tell him what. “That is not the most scientific way to run a portfolio,” he said.

Tech is one of the top sectors represented in Soros’ most recent public equity portfolio,

6 Bank Stocks to Buy Now Before They Snap Back, Says BMO Capital Markets

Bank stocks have reacted strongly to the global market meltdown, and analysts from BMO Capital Markets, a division of the Bank of Montreal, are making a case for six financial sector stocks that have high potential to “snap back.”

“U.S. equity markets (and bank stocks in particular) over-reacted so far this year to what we consider as misplaced economic concerns,” according to a report out Monday by the group. “[Bank] valuations should recover.”

“Misplaced” concerns by investors include “the possibility that slowing Chinese growth may lead the U.S. economy into a recession (some even forecast a depression), inspiring credit quality deterioration, the freezing of wholesale funding markets, and the failure of major financial counter-parties,” the report said.

Back by Popular Demand…“Confessions of a Street Addict” Get a FREE signed copy of Jim Cramer’s national best-seller when you gain access to his multi-million dollar charitable trust portfolio! Click here to see Jim’s holdings and get your FREE gift.

As of Friday, the S&P 500 fell roughly 9% this year, while large-cap banks and specialty finance companies are down 21% and 19%, respectively, BMO analysts write.

Must Read: 10 Biggest CEO Exits in 2015, Including Cisco, Procter & Gamble and McDonald’s

But the analysts note that aside from energy-related loans,

3 Companies Poised to Benefit From Advances in Bluetooth Technology

Bluetooth wireless technology has come a long way from the headsets and car stereos that helped establish it over the past couple decades. Bluetooth technology was always limited because at least one of the devices — such a mobile phone — required Internet access in order to be controlled remotely.

That’s no longer the case, as Bluetooth will soon be capable of creating its own gateway to the Internet.

The Bluetooth Special Interest Group announced last week that this new architecture will “allow any Bluetooth sensor to relay data to the cloud and back again.” This means, for example, that devices from home lights to locked doors can be controlled while out of the house.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

“Routers, thermostats, security systems — the always on, always connected infrastructure in the home — can now speak to and control tiny, low power sensors and relay that information to the cloud, providing control from anywhere,” said Steve Hegenderfer, a director at Bluetooth Special Interest Group, in a statement.

Must Read: 5 Stocks Warren Buffett Has High Hopes for in 2016

This development is especially promising for the

Cure for the Big Blues IBM Just Took Another Major Step in Its Path to Revival

“Creative destruction,” a term coined by famed economist Joseph Schumpeter, is now at work to revitalize IBM (IBM – Get Report) , the grandfather of information technology. But judging by the drumbeat of pessimism over IBM, you wouldn’t know it.

Founded in 1911, IBM is continually dismissed as a hidebound corporate relic that’s destined for the tech sector’s historical dustbin. IBM’s headquarters in the Westchester hamlet of Armonk, N.Y. is a long way from the cooler environs of Silicon Valley, where the hipster billionaires behind Apple and Alphabet are creating world-changing gadgets, computer software and online services.

Must Read: 5 Toxic Stocks to Sell Now Before It’s Too Late

But the investment herd is quite mistaken about IBM, which spells investment opportunity for you. And while you wait for IBM’s strategic moves to lift the stock’s price, you can enjoy the high dividend. In these days of 1% CDs, it’s tough to find a yield worth getting excited about, but IBM’s dividend yield of 3.9% is nothing to sneeze at. Here’s why IBM is a rare opportunity in what promises to be a tough year for the broader markets.

On Thursday, “Big Blue” took another step to proving the conventional wisdom wrong,

High-Yield Stocks With Safe Dividends

Finding reliable dividend income in today’s market is hard work, but we found five high quality businesses with safe dividend yields as high as 5.3%.

Many income investors look at the dividend aristocrats list or the list of dividend kings to find sources of safe income. These lists contain businesses that have historically been strong enough to increase their dividends for at least 25 or 50 consecutive years. Most have also outperformed the market for many years.

However, only three of the more than 50 companies on these lists have a dividend yield greater than 4.5%.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

As a result, many investors give in to the temptation to chase high yield and accumulate shares in riskier stocks.

Must Read: Will General Motors (GM) Stock Be Hurt by Saab, Saturn Recalls?

We take a different approach. By studying a company’s payout ratios, balance sheet, recession performance, free cash flow generation, profitability trends, and more, we are able to rate the safety of each dividend payment available in the market.

Our Dividend Safety Scores range from 0 to 100, with scores of 50 being average, 75 or higher considered excellent,

Why Larry Summers Is Completely Wrong on How to Fix the U.S. Economy

The reason that the U.S. economy has been growing at such a slow pace (secular stagnation) is that the rate at which people are saving exceeds the rate at which businesses want to invest leading to a neutral real rate of interest that is so low that monetary policy is rendered ineffective. Consequently, fiscal efforts must be undertaken in order to raise investment expenditures and bring the U. S. economy back to a higher rate of growth. At least, all according to economist Larry Summers.


This argument for a stimulating the economy through fiscal expenditures has been the fundamental economic policy of the United States government since the early 1960s and has been supported during much of the subsequent period by both Republican and Democratic administrations.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

My basic argument is that the U.S. government has been following this policy of credit inflation, a policy that stimulates both private sector debt as well as governmental debt in order to keep the economy growing as rapidly as it can, as long as it can.

Must Read: Why is the U.S. Economy Growing so

Who Are You Voting for? Don’t Worry, the Market Doesn’t Care

No matter what your political affiliation is, the stock market doesn’t care — and neither should your portfolio. Like many timid investors in 2016, you may be wondering how the next president could potentially affect your current investments. If you’ve been considering getting out of the market solely based on election uncertainty, stop.

Oppenheimer Funds recently put out a whitepaper on exactly why and below are two key takeaways:

Market returns are unbiased when either political party is in office.

A common notion is that the Republican party tends to be a historically pro-business party. Conversely, the Democratic party with its historic preference for higher taxes and increased regulation, may hinder economic and market growth. But the idea that having a Republican in office is better for market returns is simply not supported by historical evidence.

Must Read: Jeb Bush Says ‘Sorry, Not Sorry’ on Hedge-Fund Tax Plan

According to a New York Times study from 2012, market returns exclusively over the past 15 Republican presidents have averaged about 4.22%. Over the past 13 Democratic Presidents, the market has averaged a return of 7.94%.

This difference in returns doesn’t mean you should pull out of the markets when Republicans are in office. According to Bloomberg