Here’s why the ‘immaculate rotation’ across sectors is driving the market

The pat and popular stock-market story this spring goes like this: A small group of lavishly capitalized tech stocks, anointed by the pundits and adored by the momentum crowd, have dragged an otherwise sluggish tape to a grudging record high.This is both inaccurate...

Small business hires fall in May, but employees got raises, Paycheck survey shows

Small business hiring fell in May, but wages continued to rise for workers, a report by human resources firm Paychex said Tuesday. The Small Business Jobs Index decreased 0.16 percent from April to 100.34. The pace of small business employment growth is down 0.25...