We focus on a case study of a divorcing couple that are defaulting to a 50/50 split of assets based on their current value. While it may be a 50/50 split today, it may not be an equitable division of assets in the near future.
The “Money Talks” hosts discuss the Nonmanufacturing Index, Job Openings and Labor Turnover, Federal Open Market Committee minutes from the March meeting, and oil inventories. Energy stocks were the market movers for the week, making headlines on Monday, Tuesday and Thursday. Labor Department data showed initial jobless claims ticked up by 14,000 to 281,000 last week versus an expected increase of 17,000.