Personal Economics

Factbox: What happens in a U.S. government shutdown?

By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
Delaware Sues Opioid Manufacturers, Distributors Over Epidemic

By Nate Raymond, Reuters

(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
Trump's drug czar nominee withdraws from consideration

By Sarah N. Lynch and Makini Brice, Reuters

WASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
6 Tips for Renovating Your Home Without Getting Ripped Off

By Beth Braverman

Follow these steps to make sure that you’re not spending more than you need to on your home improvement projects.
The Risk That’s Growing Once Again in the Housing Market

By Diana Olick, CNBC

Homebuyers are increasingly opting to put less money down when purchasing their homes, increasing their risk should the housing market, and specifically home prices, falter yet again.

Making a Big Money Move? Why You Should Probably Consult a Financial Adviser

By Beth Pinsker, Reuters

People hire financial advisers with the very obvious goal of getting advice on how to handle their money. So why do investors often cut advisers out of consequential decisions? Some advisers say...
Are Fidget Spinners Dangerous? Consumer Group Issues a Warning

By Beth Braverman

The Consumer Product Safety Commission is warning that fidget spinners might not be suitable for everyone.
The Best City in America for Working Parents

By Beth Braverman

While it’s tough for working parents across the country, there are some cities where the load is a bit lighter, thanks to lower childcare costs and shorter commute times.
Here’s How Much More Your Health Insurance Will Cost Next Year

By Beth Braverman

Consumers who get health insurance through their jobs won’t see rate hikes in the double digits like those on the Obamacare exchanges, but they’ll still see the cost of health care go up.
Would Trump Take Away Your Mortgage Interest Deduction?

By Rob Garver

In the complicated world of federal tax expenditures, there is perhaps no provision more loved by its beneficiaries and more hated by academic economists than the mortgage interest deduction. For...

'Pan Am': First-Class Flight Back to 1960s Glamour

By FRAZIER MOORE, Associated Press

NEW YORK (AP) — They could have called it a stage or a studio, but the term they prefer is "the hangar." Why not? Handily adjacent to Brooklyn's Steiner Studios lot is a cavernous storage shed now...
Risk/Return on Wall Street This Week

By Suzanne McGee, The Fiscal Times

Gold Is Just Taking a Breather Gold lost much of its glitter late last week, plunging 9.3 percent Thursday and Friday in the biggest selloff seen since 1983. Look for a rebound before long, however...
The Mortgage Fix That Could Stoke Spending

By James C. Cooper, The Fiscal Times

Mortgage refinance reform could save homeowners $50 billion - $70 billion . 10.9 million mortgages are underwater — 4.7 million by more than 25 percent. Current refi activity is less than 50 percent...
In Sagging Economy, Grandmas-for-Hire Take Off

By Maureen Mackey, The Fiscal Times

At a time when America’s 77 million aging workers are looking for new employment opportunities, an employment referral agency based in L.A., Rent-A-Grandma, matches experienced, mature domestic...
Recession Taking Toll on Young Adults

By HOPE YEN

WASHINGTON (AP) — Call it the recession's lost generation. In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage...

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