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...

Christie's Big Chance to Help Cut Obesity Costs

By Maureen Mackey, The Fiscal Times

Chris Christie, the N.J. governor, can dish all he wants about his weight – but he doesn’t like it when others do, even physicians who once took care of U.S. presidents. On Wednesday, Dr. Connie...
Raise the Price of Booze, Watch Deaths Drop

By Kate Kelland, Reuters

Increasing the minimum price of alcohol by 10 percent can lead to immediate and significant drops in drink-related deaths and may also have long-term beneficial health effects, according to a study...
Great Recession Leaves Long-Lasting Scars: Poll

By Michael A. Fletcher and Peyton Craighill, The Washington Post

Americans remain deeply pessimistic about the nation’s economic future nearly four years into the recovery, and the vast majority think it will take “many years” for things to return to the way they...
The State of the Union Speech Obama Should Deliver

By Josh Boak and Eric Pianin, The Fiscal Times

The contents of President Obama’s State of the Union address next week aren’t a state secret. He’s already been spelling out his second term agenda in his inaugural address two weeks ago and a...
Health Care Research Now Braces for Cuts

By Eric Pianin

Industry and consumer advocates of health and science research today warned that an anticipated $1.6 billion cut in the budget for the National Institutes of Health (NIH) would seriously hamper...

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