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...

Freddie Mac wins dismissal of shareholder lawsuit

By Jonathan Stempel, Reuters

(Reuters) - A federal judge has again dismissed a lawsuit accusing Freddie Mac of misleading shareholders by understating its subprime mortgage exposure and overstating its capital strength ahead of...
New home sales dip, but prices scale five-year high

By Lucia Mutikani, Reuters

WASHINGTON (Reuters) - New home sales held near two-year highs in August and prices vaulted to their highest level in more than five years, adding to signs of a broadening housing market recovery...
New Home Sales Dip; Prices Vault to 5-Year High

By Lucia Mutikani, Reuters

New U.S. single-family home sales held near two-year highs in August and prices vaulted to their highest level in more than five years, adding to signs of a broadening housing market recovery. The...
Highway Toll Hikes Inflate Prices, Slow Recovery

By Brianna Ehley, The Fiscal Times

State and metropolitan governments increasingly are raising their tolls to finance highway and light rail construction and maintenance in the face of declining federal highway aid. States and local...
Lower Deductions for Sweet Charities Leave Sour Taste

By Merrill Goozner, The Fiscal Times

One of the key tax expenditures potentially on the chopping block is the charitable tax deduction. What would it mean for the world of philanthropy and public service if it came under real attack on...

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