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...

Craft Beer Is Booming: Here’s How Much We’re Spending on All Those IPAs

By Beth Braverman

Flannel shirts and beards aren’t the only hipster trends taking hold in mainstream America. While overall sales of beer are down in the United States, sales of craft beers continue to rise. Last year...
The 10 Most Expensive States for Owning a Car

By Millie Dent

The cost of owning a car goes far beyond the purchase price. There are taxes to pay, as well as insurance premiums and maintenance costs. Taken together, these extra expenses can add up to thousands...
Spending Your Tax Refund: 10 Home Improvements That Make Life Better

By Beth Braverman

Now that you’ve finally gotten that tax return filed, it’s time to start planning what you’ll do with your refund. Nearly 83 percent of taxpayers will get money back from Uncle Sam this year, with...
The American Retirement Crisis in 5 Charts

By Beth Braverman

A new survey by the Employee Benefit Research Institute finds that Americans remain more confident about their prospects for a financially secure retirement than they were during the recession. But...
Here’s Why So Many Middle Class Americans Can’t Buy a House

By Janna Herron

One of the biggest concerns in housing right now is the lack of homes for sale . But the problem is disproportionately hurting one type of buyer: those looking for affordable homes. The number of...

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