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...

Here’s Why the IRS Could Lose Your Tax Information

By Janna Herron

The Internal Revenue Service has failed to back up stored data — including taxpayer information —effectively, according to a new audit report . The Treasury Inspector General for Tax Administration...
The Best Cities for Middle Class Families

By Beth Braverman

Listen to the stump speech of any 2016 presidential hopeful and you’ll hear right away about how hard it is for today’s middle class. A report issued last year by the Pew Charitable Trust’s Stateline...
The Worst Cities for Middle Class Families

By Beth Braverman

In 2015, 120.8 million Americans adults lived in middle-class households, defined as having an income between two-thirds and double the median income, while 121.3 million Americans were in either the...
Here’s How Much Salary You Need to Buy an Average US House

By Beth Braverman

While home prices are rising around the country, potential home buyers can take some solace in interest rates, which continue to defy expectations that they’re going to increase. The median price of...
Here’s Where House Flippers Are Making the Most Money

By Janna Herron

The number of people trying to make a quick buck flipping houses hit an eight-year high last year. For good reason, too: Profits are at the highest level in a decade, and the return on investment is...

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