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...

Americans Are Still Idiots When It Comes to Investing

By Suzanne McGee, The Fiscal Times

For all the financial pain real estate and gold have inflicted in recent years, Americans can’t seem to put an end to their long-standing love affair with those investments. The two asset classes...
Zimmer to buy Biomet in $13.35 billion deal

By Reuters

(Reuters) - Medical device maker Zimmer Holdings Inc said it would buy orthopedic products company Biomet Inc in a deal valued at about $13.35 billion to broaden its portfolio of products that treat...
Cost-cutting, share buybacks buoy U.S. defense profits

By Andrea Shalal, Reuters

WASHINGTON (Reuters) - The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending that have...
'Bridgegate' scandal threatens next World Trade Center tower

By Hilary Russ, Reuters

NEW YORK (Reuters) - The "Bridgegate" scandal that rocked New Jersey Governor Chris Christie's administration earlier this year is threatening a deal that would allow developer Larry Silverstein to...
The Growing Perils of the Cashless Future

By Michael Kling, The Fiscal Times

We’re finally on the brink of the cashless society that futurists and other have been forecasting for years. The average consumer owns at least two credit cards and early adopters have begun ditching...

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