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...

Consumer Spending Increases 0.4 Percent in March

By Martin Crutsinger

WASHINGTON (AP) — Consumers spent more in March, but most of the added money went toward higher gas prices. Retail sales increased 0.4 percent last month, the ninth consecutive gain, the Commerce...
Attention Online Sellers: How to Avoid Tax Trouble

By Raina Kelley, The Fiscal Times

Many sellers at sites like Ebay, Craigslist and Etsy treat their online sidelines like a virtual garage sale. The IRS may view them differently. Here’s what online sellers need to know to stay out of...
Investors Could Benefit from NYSE Bidding War

By The Fiscal Times Staff

Despite antitrust concerns and regulatory scrutiny, investors could benefit from a New York Stock Exchange merger with another exchange.
Home Office Deduction: IRS Lowers the Red Flag

By Tom Herman, The Fiscal Times

Freelancers and consultants beware: working for yourself had many tax advantages, but taking advantage of the juiciest tax breaks without waving a red flag at the IRS can be tricky. Let TFT’s tax...
Tax Troubles of the Rich and Famous

By Raina Kelley, The Fiscal Times

It seems like there’s always a celebrity in trouble with the IRS. Here is a TFT slideshow on tax troubles of the rich and famous.

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