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...

An apologetic Obama unveils fix on health law

By Roberta Rampton and Susan Cornwell, Reuters

WASHINGTON (Reuters) - President Barack Obama on Thursday tried to ease the biggest crisis of his presidency, acknowledging missteps with his signature healthcare law and announcing a plan to help...
More Companies Will Fine Workers for Poor Health

By KATHLEEN KINGSBURY, Reuters

Employers tried the carrot, then a small stick. Now they are turning to bigger cudgels. For years they encouraged workers to improve their health and productivity with free screenings, discounted gym...
As his term nears its end, Bernanke lauds Fed transparency

By Reuters

WASHINGTON (Reuters) - The more steps the Federal Reserve takes to openly explain its policy decisions to the public the more legitimate and effective the U.S. central bank will be, Fed Chairman Ben...
Stress at Work: What Employees Know That Bosses Don't

By Beth Braverman

Worker stress is the number- one lifestyle risk issue for employers, ranking above obesity, smoking, and poor nutrition, according to a new report by Towers Watson.
Shock Therapy as Paintings of Freud Net Record $142.4 M

By Jacqueline Leo

The seven people bidding on Francis Bacon’s study of artist Lucian Freud, the grandson of Sigmund Freud, may need a little analysis themselves after making the 1969 triptych the most expense artwork...

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