Amazon.com Inc.’s decision to raise wages to $15 an hour for all of its US workers is good news. It will mean more money in the pockets of thousands of hard-working Americans struggling to make ends meet. Even more importantly, Amazon’s example may start a trend, encouraging other companies to raise wages as well, and prompting workers to demand more. ...

Bloomberg If there’s one thing the prophets agree on, it’s that the end will come in the bond market. Even for stocks. Prophesies of doom are everywhere. There’s billionaire investor Stan Druckenmiller, who says our “massive debt problem” will ignite a crisis. Oaktree Capital’s Howard Marks warns that public and private debt will be “ground zero when things next go ...

Bloomberg Municipal bonds suffered their worst week since early February, but the real test of the market lies ahead: Will slow-to-react individual investors pull their money out in droves, as they have during previous downturns? Individuals, who own more than half of all state and local governments bonds directly or through mutual funds and don’t follow the minute-by-minute movement of ...