A generation of college grads, who owe more than $1 trillion, may have to postpone buying a home indefinitely.
Stocks are lower as a US government report estimates that March retail sales declined by the most in 9 months.
In focus this morning are major financial institutions' quarterly results and a slew of upcoming economic data.
In this Investor Beat: Research firm IDC reports that global shipments of personal computers declined 14% in the first quarter. What does this mean for investors? Also, some stocks making big moves today.
JPMorgan and Wells Fargo release their quarterly results Friday. Bank of America and Citigroup follow next week.
The first round of payments, totaling about $1.2 billion, will start getting sent out on Friday.
The president's upcoming budget plan is expected to cap IRA balances at $3 million.
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Casual dining restaurant chains have jumped on the happy hour train with deals on drinks and snacks -- maybe enough for dinner.
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