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Half of all U.S. states will raise their minimum wage in 2024 — but is $16 an hour enough to live on?

Even as the minimum wage ticks up in 25 states, inflation remains high and competition for better-paying jobs is increasing.

The best-performing stock of the year rose nearly 10-fold, while the second-best averted disaster to surge 1,000% in a wild 2023

Forget about the Magnificent Seven and AI. The stocks that did the absolute best during the year were tied to biotech and crypto — along with one car-related company.

Why bitcoin may not see a ‘Santa Claus rally’, despite potential approval of crypto-based ETFs

A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.

Iovance stock drops 24% after it halts cancer-drug trial

Iovance Biotherapeutics Inc.'s stock fell sharply on heavier-than-usual volume on Wednesday, after the cancer-therapy company said the U.S. Food and Drug Administration placed a clinical hold on its trial for the lung-cancer treatment IOV-LUN-202.

I’m 76 with $73,000 in an investment account that has not increased in 2 years. Should I abandon the 50/50 strategy?

"It appears that had I had more in stocks, I would have made more money over the past couple of years."

Spreads tighten on ‘Magnificent Seven’ corporate bonds as investors take profits

Bond prices narrow between 10-year Treasurys and all but two of the seven largest S&P 500 components.

10-year Treasury yield drops toward 3.8% after market absorbs sale of 5-year notes

U.S. bond yields fell on Wednesday as investors continued to price in interest rate cuts by the Federal Reserve in 2024.

Equalweight S&P 500 and handful of key market gauges at or near ‘golden cross’

An equalweight measure of the S&P 500 logged a 'golden cross,' signaling the potential for more gains as beatdown parts of the market play catch-up.

This Tesla bull expects another ‘volatile’ year for EV maker

Tesla faces a "volatile, idiosyncratic year" with no new products and increased competition, Morgan Stanley says.

Apple scores win in court to pause Apple Watch ban

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Afraid rising cost of living will kill your retirement goals? You’re not alone  

New year, higher expenses? Rising cost of living is scaring some Americans looking to save for retirement.

Is this the end for high annuity yields?

If interest rates follow predictions and keep falling in 2024, you can expect annuity payout yields to plunge further, too.
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