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...

How Young Millionaires Are Different Than Their Parents

By Christina Couch, The Fiscal Times

As many Generation X and Y'ers struggle for financial security, a crop of newly affluent does just fine
Fed doves make case for patience on tightening policy

By Ann Saphir and Balazs Koranyi and Jonathan Spicer, Reuters

MINNEAPOLIS/OSLO/NEW YORK (Reuters) - The Federal Reserve must be patient in deciding when to scale back bond purchases, top officials said on Friday, with one arguing it could wait "years" to lift...
Fed should sharpen message it will boost jobs: Kocherlakota

By Ann Saphir, Reuters

MINNEAPOLIS (Reuters) - The U.S. Federal Reserve needs to speak more clearly and tell the world it will do "whatever it takes" to boost employment, and not send the message that a very slow drop in...
As critical phase near, Obama stumps for healthcare law

By Mark Felsenthal, Reuters

WASHINGTON (Reuters) - President Barack Obama visits a local college on Thursday to promote his signature healthcare program as it nears a critical enrollment phase, even as the law faces stiff...
When Retirement Means Changing Diapers

By Allison Linn, CNBC

Millions of American children are no longer going over the river and through the woods to get to grandmother's house. They're already living there—in many cases, with their parents.

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