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 Economics of Marriage: For Love <em>and</em> Money

By Maureen Mackey, The Fiscal Times

Jenny Anderson, Paula Szuchman, Spousanomics, economics of marriage, too big to fail, Citigroup, Lehman Brothers, financial crisis of 2008, comparative advantage, Gerald Loeb award
Milking the Government for All It’s Worth

By SYBIL ADELMAN SAGE

In a bold move by the IRS, nursing mothers can now nurse their babies tax free, sort of. The government, in all its wisdom, decided to allow breast pumps and other lactation supplies to be tax...
Forget Golf: Seniors Opt for Working Retirement

By Kathy Kristof, The Fiscal Times

As Baby Boomers begin to reach the traditional retirement age, many are planning to work longer, joining other older workers still in the job market.
Americans Climbing out of Debt and Saving More

By Neil Irwin, The Washington Post

The recession that just rocked the U.S. economy happened in part because Americans were borrowing and spending more than they could afford. Now, three years after the downturn began, families are...
Homeowners Exhale as Fed Reverses Course on Mortgages

By Katherine Reynolds Lewis

After receiving 5,000 comments on proposed changes to consumer mortgage rules, the Federal Reserve decided to defer the matter to the new Consumer Financial Protection Bureau.

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