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...

Congress wins relief on Obamacare health plan subsidies

By David Lawder, Reuters

WASHINGTON (Reuters) - Congress has partially wriggled free from the "Obamacare" health reforms that it passed and subjected itself to three years ago. In a ruling issued on Wednesday, U.S. lawmakers...
Why Talented Black Students Attend Lousy Colleges

By Beth Braverman

Less selective colleges draw a disproportionate share of minority students — even after adjusting for academic performance — but are underfunded and over-crowded, making it more difficult for those...
$Exclusive: Chesapeake drops energy leases in fracking-shy New York$

Exclusive: Chesapeake drops energy leases in fracking-shy New York

By Edward McAllister, Reuters

NEW YORK (Reuters) - Chesapeake Energy has given up a two-year legal fight to retain thousands of acres of natural gas drilling leases in New York state, landowner and legal sources told Reuters...
Obama touts mortgage finance plan, highlights private sector role

By Jeff Mason, Reuters

PHOENIX (Reuters) - President Barack Obama called on Tuesday for broad reform of the mortgage finance system to boost the U.S. housing market, help still-struggling homeowners, and prevent one of the...
How to Guard Your Nest Egg in an Uncertain Economy

By Cnbc Staff, CNBC

It may seem like a fairly safe bet. Withdraw no more than 4 percent from your retirement savings each year, and you'll have enough to last the rest of your life.After all, many people's biggest fear...

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