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...

Toray in expanded $8.6 billion carbon fiber deal with Boeing

By Tim Kelly, Reuters

TOKYO (Reuters) - Japan's Toray Industries <3402.T> said it will be the sole supplier of carbon fiber for Boeing Co's 777X passenger jet in addition to the 787 Dreamliner and expects orders to...
Factbox: The Shanghai-Hong Kong stock connect scheme

By Kazunori Takada and Saikat Chatterjee, Reuters

The Shanghai-Hong Kong stock connect scheme gives China a controlled mechanism to open up its equity capital markets, allowing foreigners to access China’s mainland ‘A’ shares through the Hong Kong...
After strong debut, Virgin America may be fully priced: Barron's

By Reuters

Like the rest of the airline industry, Virgin is being lifted by a sharp drop in oil prices that has pushed jet fuel costs down to about $2.40 a gallon from over $3, the weekly financial newspaper...
Obama defends healthcare law after adviser criticism

By Reuters

Obama said the law, which extends private health coverage to uninsured Americans, was extensively analyzed and written about before its passage in 2010, and in subsequent debates. "The fact that some...
We’re Paying for the Chocolate Deficit

By Roberto A. Ferdman, The Washington Post

There's no easy way to say this: You're eating too much chocolate, all of you. And it's getting so out of hand that the world could be headed towards a potentially disastrous (if you love chocolate...

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