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...

Fed now committed to data-dependent interest rate hikes: Plosser

By Reuters

Charles Plosser, the hawkish head of the Philadelphia Fed, repeated in a speech that the central bank should continue adjusting its policy statements to prepare financial markets for the possibility...
South Korea October bank lending to households up most on record

By Reuters

Bank lending to households rose by a net 6.4 trillion won ($5.82 billion) during October, the biggest monthly gain on record since data was compiled in January 2008 and far more than a 4.3 trillion...
Easier mortgage rules, stable rates bring back U.S. home buyers

By Sagarika Jaisinghani, Reuters

(Reuters) - Many U.S. home buyers are returning to the market after almost a year as interest rates stabilize and regulators propose more relaxed rules on mortgage lending. U.S. homebuilders D.R...
Vodafone shares jump as new offerings prompt improved outlook

By Kate Holton, Reuters

LONDON (Reuters) - Vodafone , the world's second-biggest mobile operator, nudged up its full-year earnings forecast on Tuesday as improving demand in its big European markets and an investment push...
Bad Credit Makes Everything Harder – How to Fix It

By Lindsay Konsko, The Fiscal Times

Having poor credit definitely makes your life more expensive. Mortgages, car loans, insurance policies and a host of other items all carry higher rates if your credit score is low – which is why...

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