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 officials laud stimulus, quibble over future plans

By Jonathan Spicer and Alister Bull, Reuters

NEW YORK/LITTLE ROCK, Arkansas (Reuters) - Central bankers appear satisfied with the impact of their latest monetary stimulus, though there is some disagreement over how forcefully to continue...
Fed's Bullard urges smaller bond buys to replace Twist

By Alister Bull, Reuters

LITTLE ROCK, Arkansas (Reuters) - The Federal Reserve could replace its expiring Operation Twist with a smaller program of outright Treasury purchases and still give the same boost to the economy, a...
Manufacturing contracts to weakest in three years

By Edward Krudy, Reuters

NEW YORK (Reuters) - Manufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget...
Cost of Union Dock Strike in CA: $1B a Day

By Reuters

A national coalition of U.S. business groups is urging an end to a strike at the twin California ports of Los Angeles and Long Beach amid fears that a prolonged stand-off will cost the American...
EADS confirms shareholder shake-up talks

By James Regan and Gernot Heller, Reuters

PARIS (Reuters) - Shares in EADS rose on Monday as European nations raced towards a deal aimed at overhauling a convoluted shareholder structure at Europe's largest aerospace group. The Airbus parent...

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