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...

GE files to spin off credit card unit

By Aman Shah, Reuters

(Reuters) - General Electric Co's credit card unit filed for an initial public offering on Thursday, the first step in the conglomerate's long-awaited plan to exit retail finance and reduce its...
U.S. jobs, factory data show improvement; housing lags

By Lucia Mutikani, Reuters

WASHINGTON (Reuters) - The number of Americans filing for jobless benefits hovered near three-month lows last week and factory activity in the Mid-Atlantic region rebounded this month, suggesting the...
How to Handle an Unexpected Tax Bill in 4 Steps

By Beth Braverman

Receiving a tax bill you hadn’t planned for can be unsettling, especially if the amount you owe is large and you don’t have the liquid cash available to pay it out of pocket. Here’s what to do if it...
China premier warns on economic slowdown as data fans stimulus talk

By Benjamin Kang Lim and Kevin Yao, Reuters

BEIJING (Reuters) - Chinese Premier Li Keqiang warned on Thursday that the economy faces "severe challenges" in 2014 - comments that came as weak data fanned speculation the central bank would relax...
GOP takes aim at Obamacare to fund Medicare

By Susan Cornwell, Reuters

WASHINGTON (Reuters) - U.S. House Republicans said on Wednesday that they are pushing a plan to delay for five years the penalties for failing to buy health insurance under Obamacare, and to use the...

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