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...

Tesla third-quarter loss doubles to $75 million, shares jump

By Bernie Woodall and Paul Lienert, Reuters

DETROIT (Reuters) - Tesla Motors Inc shares rose more than 7 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results. The...
RCS Capital expects reinstatement of deals, shares bounce

By Jed Horowitz, Reuters

NEW YORK (Reuters) - Shares of RCS Capital Corp on Wednesday retraced some losses from the previous day's 20 percent slide after the company reassured investors that client companies that have...
CF Industries' profit plunges 44 percent, shares drop

By Reuters

Shares of CF, the world's No. 2 nitrogen fertilizer maker after Norway's Yara International ASA , dropped more than 4 percent after normal trading hours in New York. They had closed at $253.63. Chief...
New Illinois governor faces full plate of fiscal problems

By Karen Pierog, Reuters

CHICAGO (Reuters) - Illinois' newly elected Republican governor will need to navigate fixes for the state's fiscal woes through a Democrat-controlled legislature or risk seeing the state's credit...
Politics would constrain Shelby as head of Senate banking panel

By Emily Stephenson, Reuters

WASHINGTON (Reuters) - Richard Shelby appears poised to retake his old job as head of the Senate Banking Committee after big Republican electoral wins, likely bringing tougher scrutiny of the Federal...

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