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...

Out-of-Pocket Medical Costs Threaten Seniors

By Yuval Rosenberg

For all the debate about reining in the costs of Medicare, a new study suggests that the mountainous out-of-pocket medical costs patients pay over the last five years of their lives threaten to wipe...
Treasury sells big chunk of AIG stock at a profit

By Lauren Tara LaCapra and Olivia Oran, Reuters

(Reuters) - The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday, making a profit of $12.4 billion on the insurer's crisis-era bailout and bringing...
Exclusive: Obama, Romney to speak at Bill Clinton's philanthropic summit

By Michelle Nichols, Reuters

NEW YORK (Reuters) - President Barack Obama and Republican rival Mitt Romney are expected to set aside their political differences later this month to speak at Bill Clinton's eighth annual...
Seniors Turn to Risky ‘Reverse’ Mortgages for Cash

By Sheryl Nance Nash, The Fiscal Times

More seniors are tapping into their home’s equity for extra cash – but they risk losing their home to foreclosure or leaving their heirs holding the bill.
AIG shares fall on planned $18 billion sale of Treasury's shares

By Reuters

(Reuters) - American International Group's shares fell 2.1 percent on Monday a day after the U.S. Treasury Department said it will sell $18 billion of the insurance company's shares. The Treasury's...

Search form