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...

U.S. factory, confidence data boost growth prospects

By Lucia Mutikani, Reuters

WASHINGTON, May 27 (Reuters) - Orders for long-lasting U.S. manufactured goods unexpectedly rose in April and consumer confidence perked up in May, supporting views of a rebound in economic growth...
AstraZeneca shares fall after Pfizer walks away

By Ben Hirschler, Reuters

LONDON (Reuters) - Shares in AstraZeneca <AZN.L> fell 2.3 percent on Tuesday after U.S. drugmaker Pfizer <PFE.N> said it would not make a formal bid to acquire its smaller British rival...
How AstraZeneca escaped Pfizer's clutches this time

By Ben Hirschler, Reuters

LONDON (Reuters) - On a sunny day in San Francisco last January, AstraZeneca Chief Executive Pascal Soriot was on his way to the Westin St. Francis hotel on Union Square to give investors some...
The Piketty Book Problem: Only as Good as Its Data

By Yuval Rosenberg

Here we go again. Another seminal economic work is coming under fire, with questions raised about the accuracy of the data and spreadsheets underpinning its politically charged conclusions. The...
Can Growth Keep Up with Market’s High Expectations?

By Patti Domm, CNBC

With the S&P 500 perched at all-time highs, traders will be taking the pulse of the economy in the week ahead to see if growth is keeping up with the stock market's high expectations. There are a...

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