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.
The largest share of complaints lodged with the Consumer Financial Protection Bureau have targeted the giant bank.
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