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...

Ackman's Pershing Square takes big stakes in Freddie, Fannie

By Jennifer Ablan, Reuters

(Reuters) - Activist investor Bill Ackman's Pershing Square hedge fund has invested half a billion dollars to acquire stakes of nearly 10 percent each in Freddie Mac and Fannie Mae, the latest big...
Top Democrat Pelosi denies party members retreating from Obamacare

By David Morgan and Deborah Zabarenko, Reuters

WASHINGTON (Reuters) - The top Democrat in the U.S. House of Representatives said on Sunday that her party would not retreat from President Barack Obama's landmark healthcare reform law, despite...
Exclusive: U.S. official in July feared HealthCare.gov 'crash'

By David Morgan, Reuters

WASHINGTON (Reuters) - Almost three months before the botched launch of HealthCare.gov, a U.S. health official expressed frustration with a main contractor working on the website, fearing quality...
Buffett's Berkshire buys sizable new Exxon Mobil stake

By Jonathan Stempel and Luciana Lopez, Reuters

(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil...
Obama Offers ‘Fix’ for Millions Who Lost Health Plans

By Eric Pianin and Brianna Ehley

Stung by criticism that he misled the public about a key element of his health reform law, President Obama announced on Thursday he would take administrative action to try to protect millions of...

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