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...

How Much Do You Plan to Spend on Your Better Half This Holiday Season?

By Beth Braverman

Americans say they plan to shower their partners with gifts this holiday season, even if it means going into debt to do it. That’s especially true for men, who will spend an average of $446 on their...
The 11 States with the Hottest Housing Markets

By Janna Herron

Home prices are rising across the country — or so it seems. A CoreLogic survey out Tuesday showed that U.S. house values increased 6.4 percent in September compared with a year ago, marking 15 months...
How China Can Deal with Its Rapidly Aging Population

By Michael Hodin, The Fiscal Times

China has officially lifted its one-child policy as part of its 13th five-year plan. The question is whether China can limit the negative economic effects of its population growth, despite having...
There’s a New Way to Reduce Student Loan Payments

By Beth Braverman

Taking out student loans is one of the biggest financial decisions that young people make, but they’re shockingly uninformed when it comes to the basic terms of their loans and they’re often missing...
The Mortgage Market Is Heating Up, but Only for Some Borrowers

By Janna Herron

If you have a blemished credit score, tough luck on getting a mortgage to buy a home. The recent rise in home purchases using a mortgage is largely dominated by Americans with high credit scores,...

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