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...

Hurricane Irene: A By-the-Numbers Storm Guide

By The Fiscal Times Staff

As Hurricane Irene roars up the eastern coast of the U.S. this weekend, it could wreak economic havoc to the tune of $35 billion, according to one worst-case scenario. The Fiscal Times rounds up this...
The Biggest Break of All – Zero Federal Income Tax

By Henry Blodget, The Business Insider

Amid the yelling back and forth about how America should deal with its debt and deficit problem, two major debates have emerged. The first is whether the problem should be addressed via spending cuts...
Hurricane Irene: Major $$ Damage May Lie Ahead

By Maureen Mackey and Georgette Jasen The Fiscal Times, The Fiscal Times

Hurricane Irene, currently pounding the Bahamas as a powerful category 3 hurricane, has folks along much of the northeast coast of the U.S. scrambling to prepare for major storm damage over the next...
Bank Unveils Debit and Credit Card in One

By CANDICE CHOI

Fifth Third Bank is offering a new card that's linked to both a checking and credit card account. The Cincinnati-based bank says the Duo MasterCard is the first to offer the split functionality.
Low Interest Rates Hurting Economy, Pension Funds

By PAUL WISEMAN

Low interest rates have caused misery for retirees and others who depend on interest income.

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