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...

Europe worries temper companies' profit outlook

By Nick Zieminski and Scott Malone, Reuters

NEW YORK/BOSTON (Reuters) - Worries about a slowing global economy crimped corporate spending in the second quarter, leaving the chief executives of top U.S. companies including United Parcel Service...
After the Massacre: Guns Win, Theaters Lose

By Suzanne McGee, The Fiscal Times

While the rest of the economy struggled to add jobs and grow, employment within the firearms and ammunition industry exploded by 30.6 percent between 2008 and 2011. The industry's federal tax...
The Pentagon Mantra: Cut Defense, Slaughter Jobs

By Eric Pianin

Studies prepared by defense industry analysts and the Bipartisan Policy Center conclude that the budget deal reached at the 11th hour last year by Congress could cost the economy between one million...
Colleges Pay Students to Graduate Faster

By Steve Yoder, The Fiscal Times

As states look for ways to control rising tuition and student debt, they’re using the power of the purse to accelerate students’ graduation time.
Iowa, Minnesota Best Places to Live by 2032?

By Katya Johns, The Fiscal Times

A new report finds some unexpected states could be the best places to live by 2032.

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