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 Right Kind of Spending Can Fuel Real Growth

By Mark Thoma

As Congress turns its attention to deficit reduction, one argument we’ll hear again and again from those in favor of large cuts in spending is that our children and grandchildren should not be asked...
Retailers Offer Financial Services to 'Unbanked'

By YLAN Q. MUI, The Washington Post

Millions of low-income Americans who don't have bank accounts are finding an alternative to check-cashing stores at an unusual place: their local big-box retailer. Kmart has begun testing check...
How to Solve the Housing Crisis: Jobs, Jobs, Jobs

By James C. Cooper, The Fiscal Times

• Just 357,000 households were formed last year, a 60-year low. • Household formation by those younger than 35 is down 600,000 since 2007 . • 180,000 new jobs per month would create 1.6 million new...
Same Job, Less Pay: Temporary Workers Fill Labor Needs

By Nancy Miller, The Fiscal Times

Businesses are increasingly turning to temporary workers to remain flexible and save money in the face of an uncertain economic recovery.
Health Care Repeal Fades as Centrists Take Stage

By Merrill Goozner, The Fiscal Times

As House Republicans hold a largely symbolic vote to repeal President Obama’s health care law, the administration won a powerful set of centrist allies seeking additional reforms that would be...

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