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...

How to Find a Financial Adviser You Can Really Trust

By Suzanne McGee, The Fiscal Times

Investors dealing with financial advisers can feel like they’re navigating a field full of landmines: Portfolios stuffed with unsuitable investments; brokers conducting unauthorized trades; advisers...
Texas rejects key provisions of Obama's signature health law

By Corrie MacLaggan, Reuters

AUSTIN, Texas (Reuters) - Texas Governor Rick Perry said on Monday his state will not implement an expansion of the Medicaid program for the poor or create a health insurance exchange, leaving the...
WellPoint to buy Amerigroup for $4.5 billion in Medicaid play

By Debra Sherman, Reuters

CHICAGO (Reuters) - Health insurer WellPoint Inc will buy rival Amerigroup Corp for $4.46 billion, nearly doubling its Medicaid business in a major bet on the expansion of the U.S. government's...
The Real Shame in JPMorgan’s Shady Mutual Fund Sales

By Suzanne McGee, The Fiscal Times

When JPMorgan Chase (JPM) reports its second-quarter earnings on Friday, investors will finally get more details about the size of the trading loss incurred by the London Whale . But before that...
Employer-Based Health Care Plans on Slippery Slope

By Merrill Goozner, The Fiscal Times

Will any of the 160 million Americans who receive health insurance from their employers lose that coverage because of the Affordable Care Act?

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