Private sector sheds 27,000 jobs in March as coronavirus ripples through US economy

Coronavirus cases climb as job losses increase: Understanding the impact of the pandemic Barron’s Roundtable of Barron’s associate editor Jack Hough, Barron’s markets editor Ben Levisohn, Barron’s reporter Carleton English and Barron’s senior writer Al Root are joined by Guggenheim Partners’ CIO Scott Minerd to discuss how the coronavirus crisis isn’t over yet and the full impact on the economy […]

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Eurozone Inflation Slows On Energy Prices

Eurozone inflation slowed more-than-expected in March largely driven by falling energy prices as the spread of coronavirus pulled down economic activity, flash data from Eurostat showed Tuesday. Inflation eased to 0.7 percent from 1.2 percent in February. The rate was expected to slow to 0.8 percent. A similar lower rate was last seen in October. Headline inflation continues to remain […]

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Who's responsible for student loans in divorce?

Who pays back those student loans once you part ways? It depends on your state — and the type of loan you have. (iStock) Divorce is complicated — especially when finances are involved. But when either (or both) parties have student loan debt to their names, it can be even more difficult (not to mention time-consuming) to sort out. Continue […]

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Stocks slide as Wall Street braces for worst quarter in decades

US stocks slid Tuesday as the coronavirus pandemic put Wall Street on track to end its worst three-month period in decades. The Dow Jones industrial average dropped as much as 191.02 points, or 0.8 percent, at the open after posting gains in four of the past five trading days. The blue-chip index was down 21.7 percent for the year through […]

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Are millennials with student debt buying homes?

Millennials saddled with student loans are becoming homeowners. (iStock) While many millennials are saddled with student loans and credit cards, they still plan on becoming homeowners despite their debt. Continue Reading Below About two out of five millennials have student loan debt and owe approximately $498 billion out of the $1.6 trillion in outstanding loans, said Bruce McClary, spokesperson for the […]

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