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...

The 12 Craziest Tax Laws in America

By Michelle Hirsch, The Fiscal Times

With 44 states facing budget shortfalls, no wonder some of them are resorting to wacky measures to raise revenue.
Taxes: What Could Trigger an IRS Audit

By Tom Herman, The Fiscal Times

As the April 18 tax-filing deadline approaches, many taxpayers are worried about getting audited by the IRS. Although the odds of an audit are slim, they increase with income--and can rise quickly if...
Tax Countdown: Are You a Winner or a Loser?

By SUSAN JOHNSTON, The Fiscal Times

With the U.S. tax code changing constantly and becoming ever-more complicated, 2010 was no exception. In fact, there were so many changes in the tax law over the past 18 months, experts predict tax-...
Underfunded State Pension Plans Create Credit Risk

By Adam Corey Ross, The Fiscal Times

New data show that even after a year of healthy investment gains, many state pension plans remain underfunded and could face credit problems.
If You Prefer Death to Taxes, Skip to Line 10

By Peter Leo, The Fiscal Times

The IRS has been thinking about simplifying the tax code and the filing system. Here’s a draft of the new 1040—please read before filing.

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