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...

You’ll Never Believe Who’s Abusing Heroin Most

By Teresa Wiltz, Stateline

On Super Bowl Sunday, most football fans watched ads for Victoria’s Secret, the lost Budweiser dog and a deadpan Kim Kardashian extolling the virtues of T-Mobile. But in St. Louis, those national ads...
Minimum Wage Hike Closes San Francisco Bookstore

By Yuval Rosenberg

An independent San Francisco bookstore says it will be closing its doors by March 31, despite having its best year ever in 2014. And it’s pointing at San Francisco’s newly enacted minimum wage law as...
The Surprising Reasons Baby Boomers Retire

By Marine Cole

For recent retirees, financial readiness was far from the most important factor in their decision to step off the hamster wheel. Ameriprise Financial surveyed 1,000 newly retired baby boomers between...
The Financial Mistake That Can Cost Homeowners

By Marine Cole

If you haven’t refinanced your mortgage yet, you could be leaving tens of thousands of dollars on the table. Interest rates have bounced around historical lows for years, yet a surprising number of...
10 Surprising Tax Deductions in 2015

By Marine Cole

Every homeowner knows about deducting mortgage interest payments from their income taxes, just as every freelance worker knows that certain business-related expenses can be deducted from their income...

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