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...

Rich Baby, Poor Baby: Why Overspending on Kids Is a Waste

By Blaire Briody, The Fiscal Times

It costs about $286,860 on average to raise your child until the age of 18. Are you really getting your money’s worth?
Some Flyers May Not See Savings from Expired Taxes

By DAVID KOENIG

DALLAS (AP) — Some airline customers won't see savings this weekend even though several federal taxes on tickets have expired. US Airways and American Airlines raised fares to offset the tax savings...
For Many, Energy DeReg Was a Dismal Failure

By John Greenwald, The Fiscal Times

Energy deregulation – also known as restructuring – has been a mixed blessing for many American households. After seeing little progress in rate reduction, seven of the 22 states that originally...
Why Better Patient Care = More $$ for Hospitals

By Phil Galewitz, Kaiser Health News

hospital financial incentives, customer service in hospitals, disney and hospitals, walt disney company, medicare payments, bonus payments, keeping patients happy, improved customer service in...
Red Flags: IRS Taking a Tougher Look at Tax Deductions

By Karen Hube, The Fiscal Times

After a sharp decline in enforcement activities, the IRS is now stepping up its audits of average Americans, with a sharp eye on mortgage interest deductions, adoption credits and gifts of property.

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