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...

The ‘Invisible’ Job That Pays Six Figures

By Jane Wells, CNBC

As Americans overloaded with student debt question the value of a college degree, training for one high-paying profession begging for employees costs relatively little. "There is going to be a demand...
Actavis mulls job cuts, China expansion: Bloomberg

By Reuters

However, the report did not say how many positions will be eliminated. Earlier in November, Botox maker Allergan Inc accepted a $66 billion takeover bid from Actavis, ending a seven-month hostile...
Puerto Rico delays $2.9 billion bond sale, says public transit may shut down

By Reuters

Governor Alejandro Garcia Padilla has been unable to muster the support of his own party, which was expected to sign off last week on the 68 percent increase in the tax on crude oil. He convened a...
Wall Street group to challenge Dodd-Frank risk retention rules

By Sarah N. Lynch, Reuters

WASHINGTON (Reuters) - A Wall Street trade group said on Monday it has filed a lawsuit to strike down a new rule that requires banks to retain some risk on their books when they securitize loans,...
RCS Capital says some brokerages have reinstated sales of its REITs

By Reuters

RCS, which owns eight brokerage firms and a business that supplies the illiquid REITs and other "alternative" investment products to other broker-dealers, called the resumption a vote of confidence...

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