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...

Fed needs better way to signal policy, officials say

By Sakari Suoninen and Alistair Scrutton and Ann Saphir, Reuters

FRANKFURT/STOCKHOLM/HOUGHTON, Michigan (Reuters) - The Federal Reserve confused financial markets over scaling back its bond buying, four top officials said on Thursday, with one arguing the central...
Why Obamacare May Not Put a Dent in Health Spending

By John F. Wasik, The Fiscal Times

With insurance marketplaces scheduled to launch in less than a week, the government today said average premiums would be lower than previous estimates. Yet the big picture on health care spending...
401(k) Target Date Funds: Set It and Regret It?

By Suzanne McGee, The Fiscal Times

Investing in these “set it and forget it” funds is no guarantee that you will be financially able to retire in whatever year you’ve targeted – no more guaranteed than it might be with another package...
Obamacare's average monthly cost across U.S.: $328

By Caroline Humer, Reuters

(Reuters) - Americans will pay an average premium of $328 monthly for a mid-tier health insurance plan when the Obamacare health exchanges open for enrollment next week, and most will qualify for...
Self-Driving Cars Aren’t Here Yet – But Their Parts Are

By Adam Skolnick, The Fiscal Times

Self-driving cars – the stuff of science fiction for decades – will be here within the decade, but several of their key features are already on sale in today’s new vehicles.

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