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...

Stock Sell-off Endures as Bad News Bears Take the Lead

By Jennifer Depaul, The Fiscal Times

In the ongoing battle between the bulls and bears on Wall Street, the bears took the upper hand today, as investors focused on a new spate of bad economic news and the subtext of the Fed’s Tuesday’s...
Rising College Costs Force Families to Deplete Savings

By LYNN ASINOF, The Fiscal Times

With costs still soaring, families are working and borrowing more, and spending less. More students are living at home, and limiting their college choices.
Free Preventive Care for Seniors to Start in January

By Michelle Andrews, Kaiser Health News

Starting in 2011, the new health-care law will make it cheaper and easier for seniors to get preventive care. Medicare beneficiaries can receive free services including mammograms and colorectal...
Prime Numbers: Reasons for Consumers to Start Spending

By James C. Cooper, The Fiscal Times

Employment income grew 3.4% last quarter. Consumer debt payments take 12.5% of income. More than 6% of households’ income is going to savings. Consumers have been knocked around in recent months...
DIY Divorce: In Tough Times, Many Take on Own Legal Dilemmas

By Blaire Briody, The Fiscal Times

In a tough economy and as lawyers’ fees rise, divorcing couples are looking to save a buck by navigating the legal process on their own. But for some, going solo doesn’t come without risk.

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