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...

Burberry names Bailey CEO as Ahrendts quits for Apple

By James Davey and Kate Holton, Reuters

LONDON (Reuters) - Burberry boss Angela Ahrendts, who has overseen a doubling in sales and a 250-percent jump in the shares of the British fashion brand, will leave to take up a job at Apple next...
Senate deal on debt and shutdown would put the heat on Boehner

By Tim Reid, Reuters

WASHINGTON (Reuters) - If the Democrat-led U.S. Senate manages to strike a deal to reopen the American government and avert a catastrophic default on its debt by Thursday's deadline, the agreement -...
Nobel Prize U.S. winner warns of 'bubbly' global home prices

By Alister Bull and Johan Ahlander, Reuters

WASHINGTON/STOCKHOLM (Reuters) - One of three American economists who won the 2013 economics Nobel prize on Monday for research into market prices and asset bubbles expressed alarm at the rapid rise...
10 Ways Your Health Benefits at Work May Change

By Beth Braverman

While many of the plans and benefits to workers will be similar to those in the past, continued corporate efforts to rein in health care costs and other ongoing trends in corporate benefits mean...
Insight: How Credit Suisse underwent painful bond surgery -and survived

By David Henry and Katharina Bart, Reuters

NEW YORK/ZURICH (Reuters) - In spring 2009, senior Credit Suisse executive Gaël de Boissard told colleagues at a strategy meeting that as the bank reshaped its bond trading business, they needed to...

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