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...

Found Your Dream Home? 7 Tips for Getting the Best Deal

By Beth Braverman

The summer has been a hot one for the real estate market, with home prices jumping 6.5 percent in June and realtors in places like San Francisco and New York City reporting bidding wars that push...
Why Is HUD Spending $100 Million on People Who No Longer Qualify for Public Housing?

By Eric Pianin

While hundreds of thousands of low income families are desperately trying to find adequate public housing, as many as 25,226 families with incomes that exceed the limits for assistance are living in...
Just Bought a $1,000 Pair of Earbuds? Better Throw Them Out

By Jacqueline Leo

I remember when Pete Townshend of “The Who” told the world he was deaf. He had been suffering from tinnitus, which had gradually become worse—partly due to two events. One was a concert in 1976 that...
College Isn’t the Great Equalizer for Blacks and Hispanics, Study Shows

By Millie Dent

Although a college diploma is touted as a key factor to landing a better job and higher income, having a four-year degree wasn’t enough to protect the financial fortunes of black and Hispanic...
Want to Travel When You Retire? 7 Tips on How to Pay for It

By Beth Braverman

The dream of traveling in retirement -- whether that means relaxing on a beach or hiking across Europe -- is common enough for folks thinking about their golden years. After all, they’ve got to make...

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