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...

Death toll rises to 72 in Mumbai building collapse

By Vivek Prakash, Reuters

MUMBAI (Reuters) - The death toll from a collapsed building in India's financial center Mumbai rose to 72 on Saturday, as an injured woman trapped for 36 hours was freed from the rubble of the...
Internet GDP: The Metric that Gives More for Less

By Kevin Maney, Techonomy

A standard trope these days is that we in the middle class have been slogging through a couple of decades of woe. Wages are stagnant. Our standard of living isn’t improving. The grand forces of our...
Why Alzheimer’s Will Be the Fiscal Nightmare of the Century

By Michael Hodin, The Fiscal Times

A new study by the RAND Corporation projects that the cumulative costs of caring for people with dementia could be as high as $215 billion annually in the United States – which would exceed the...
Why We're Losing the Costly Battle Against Superbugs

By Mark Koba, CNBC

A new study by MPHonline.org reports that superbugs are responsible for $20 billion in excess health care costs in the U.S. annually, as well as $35 billion in lost wages and other societal costs...
Obama tries to woo Republicans with cuts in budget

By Mark Felsenthal, Reuters

WASHINGTON (Reuters) - President Barack Obama will offer cuts to Social Security and other benefit programs in a budget proposal next week aimed at winning over enough congressional Republicans to...

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