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...

Suze Orman: The American Dream Has Shifted

By Maureen Mackey, The Fiscal Times

In a new book, The Money Class, Suze Orman argues for less spending, more savings, and being truthful about what we can and can’t afford—and that means dumping the old American dream.
Cigarette Ban Would Slash State Revenues

By Merrill Goozner, The Fiscal Times

If the FDA decides to ban menthol cigarettes, experts say it would save many lives of young people and African-Americans while deeply cutting into states’ tobacco tax revenues.
New Tax Laws Make Filing a Bureaucratic Nightmare

By Katherine Reynolds Lewis

Tax time this year is more painful than usual because of changes in the already complex tax code, IRS delays in printing certain forms and its inability to accept returns filed electronically until...
Japan Crisis: Tourism Takes a Hit

By JAYMES SONG

HONOLULU (AP) — A tsunami spawned by the deadly earthquake in Japan caused tens of millions of dollars in damage to homes, businesses and boats in Hawaii after the waves roared ashore last week. Now...
GDP of St. Patrick’s Day: Spending of the Green

By The Fiscal Times Staff

Americans will spend about $4 billion on St. Patrick’s Day this year, as they splurge on green beer, “Kiss Me, I’m Irish” buttons and dyed carnations.

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