‘Very rare’ market signal is putting the S&P 500 on a rocket ship to 2500, BofA analyst says

The market has had a quiet start to the summer, but the doldrums may be about to give way to some serious fireworks, with new record highs potentially on the way. So said Stephen Suttmeier, a chief equity technical strategist with Bank of America Merrill Lynch. Last...

Why one study suggests a minimum wage hike actually ‘cuts overall wages and cuts jobs’

In the quest for a higher minimum wage, how high is too high? In 2014, Seattle voted to gradually hike its minimum wage to $15 an hour, with the rate jumping from $11 to 13 last year. Yet on average, low-wage workers have made $125 per month less. That’s a key...