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.-Saudi diplomatic tension unlikely to fracture business ties

By Angus McDowall, Reuters

RIYADH (Reuters) - Saudi Arabia's frustration with its main ally the United States over Middle East policy will not harm business relations or oil sales, despite a threat from its spy chief of a "...
The 6 Times You Really Need a Financial Adviser

By Beth Braverman

For many people, the thought of going to see a financial planner is like going to the dentist. Fearing an unpleasant experience, they’re apt to put off something they need for as long as possible...
One Man's Uncommon Fix for Outrageous Student Debt

By Maureen Mackey, The Fiscal Times

As millions of American high school seniors apply to college, how many will be able to pay for four years when the cost of attending a private university runs as much as $40,000 to $60,000 a year? It...
JPMorgan close to $6 billion settlement with investors: source

By Karen Freifeld, Reuters

NEW YORK (Reuters) - JPMorgan Chase & Co is nearing an agreement worth close to $6 billion with a group of institutional investors to settle claims over shoddy mortgage-backed securities issued...
Want a Job? Get Ready for the Phone Interview

By Judith A. Stock, LearnVest

As a stellar would-be employee, you want to sail through the interview process. But before you think that all you need is a knockout résumé and a killer outfit, think again. Nowadays, there’s a step...

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