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...

TFT’s Best Books of the Year

By Maureen Mackey, The Fiscal Times

Great events can inspire great stories, and we’ve had our share of them over the past many months. Here, TFT’s choices for best books of the year—including The Big Short by Michael Lewis and Obama’s...
Health Reform Gutted After Supremes Reject Mandate

By George Hager, The Fiscal Times

JUNE 27, 2013 - It's a balmy Thursday , the last day the Supreme Court is sitting before ending its 2012-13 term, and besides the usual cats and dogs, there's one big case left. Cuccinelli v...
A Smarter Bailout Could Have Shortened the Recession

By Mark Thoma

As this year comes to a close, and as we finally begin the recovery stage of the recession, it’s a good time to look back and ask how policymakers could have improved their response to the downturn...
How an IRS Snafu Could Threaten Your Refund

By Michelle Hirsch, The Fiscal Times

The Making Work Pay tax credit result in surprise tax penalties for 13.4 million taxpayers in 2009 and 2010.
Estate Tax Change Threatens Obama’s Tax Compromise

By Tom Herman, The Fiscal Times

The estate tax has become a major issue as Congress debates President Obama’s tax compromise with Republicans. Liberal Democrats blast the proposal as costly and a bonanza for a tiny group of very...

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