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...

Down and Out on $250,000 a Year

By Karen Hube, The Fiscal Times

A family of four with an annual income of $250,000 may be in the top 2.9 percent of earners. But after taxes and basic expenses, they are far from the affluent family they may seem to be.
Battle Over Tax Cuts Tests Obama’s Leadership Skills

By Kirk Victor, The Fiscal Times

Despite the conciliatory talk after yesterday’s White House meeting, President Obama will have a tough time achieving a compromise on extending the Bush tax cuts.
Big Demand at Food Pantries from Students and Jobless

By Maureen Mackey, The Fiscal Times

This Thanksgiving, food banks around the country are seeing increased need, as well as many new faces. No longer is there a typical clientele.
Happier Holidays: Optimistic Outlook for Retail Sales

By James C. Cooper, The Fiscal Times

• The National Retail Federation projects a 2.3 percent gain in holiday sales • The economy has added 1.1 million jobs so far this year • Households have slashed nearly $1 trillion from their...
Tax Reform Splits Americans into Winners and Losers

By Kathy Kristof, The Fiscal Times

The president’s deficit reduction panel’s proposed tax reform plans would raise revenues, increase simplicity and efficiency, and create winners and losers. Among the losers: middle class families...

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