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...

A High-Risk Retirement in Hedge Fund Style

By JESSICA TOONKEL, Reuters

A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets. BlackRock Inc ( BLK.N ), the world's largest asset manager,...
Mortgage Rates Drop Below 4 Percent: Lowest Since May 2013

By Beth Braverman

Long-term mortgage rates fell last week to 3.89 percent, their lowest level in over a year and a half, according to a weekly survey by Freddie Mac . Rates for a 30-year fixed mortgage at this time...
The Robot Guard That Might Actually Prevent Crime

By Michelle Fox, CNBC

Meet Silicon Valley's newest crime fighter: the K5 robot. As the world grapples with the onset of drones and trembles at the increasing likelihood of sentient machines, a 300-pound machine is being...
10 of the Most Inappropriate Toys for Kids

By Marine Cole

If you haven’t yet finished your holiday shopping and still need to purchase toys for your children, nephews or grandkids, you may want to avoid poo dough or stuffed dead squirrels – or worse.
10 Ways Holiday Shopping Has Changed This Year

By Josie Rubio, dealnews.com

Shoppers, take note: Although there was one more day between Thanksgiving and Christmas this year, it's still considered a "short" holiday season, with five fewer days than in 2012. That means it's...

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