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...

Holiday Office Gift Giving Made Easy

By Marine Cole

Holiday shopping for friends and family can be stressful, but the conundrum of whether to give, and what to give, to co-workers and bosses also adds to our seasonal anxiety. Here are ways to ease...
The One Thing That’s Making Retailers Jump for Joy

By Krystina Gustafson, CNBC

If that chill in the air has you reaching for your scarf and gloves, retailers have you right where they want you. Following the fourth-warmest October on record for the U.S., the first winter storm...
Petrobras ex-director arrested, shares sink amid graft scandal

By Stephen Eisenhammer, Reuters

RIO DE JANEIRO (Reuters) - Brazilian police arrested a former Petrobras executive on Friday and the state-run oil giant's shares sank 5 percent after it was forced by a widening corruption scandal to...
U.S. mortgage delinquencies fall to lowest since 2007: MBA

By Reuters

The delinquency rate on home loans decreased to 5.85 percent on a seasonally adjusted basis in the third quarter. It has fallen for six straight quarters to its lowest since the fourth quarter of...
College Housing: Skip the Dorm, Buy a Condo?

By JANNA HERRON, Bankrate

Next time you write a check to your student's college for a cramped dorm room, you may wonder if there's a better -- and more cost-effective -- option to house your bookish son or daughter. Some...

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