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...

Italy offers state aid to world's oldest bank

By Silvia Aloisi, Reuters

SIENA, Italy (Reuters) - Italy offered up to 2 billion euros on Tuesday to plug a capital gap in the bank Monte dei Paschi di Siena, the second time in three years the cash-strapped state has had to...
Italy sets aside funding for Monte Paschi bank

By Giuseppe Fonte and Stephen Jewkes, Reuters

ROME/MILAN (Reuters) - Italy agreed on Tuesday to help Banca Monte dei Paschi di Siena plug a capital gap of between 1.3 to 1.7 billion euros, the first state aid offered to an Italian bank since the...
7 U.S. Cities with the Biggest Bang for Your Buck

By Leah Konen, The Fiscal Times

Get the most for your money in locales with a low cost of living and high wages.
IRS Blows the Whistle on Referee Tax Evader

By Maureen Mackey, The Fiscal Times

Peter Lulo, 54, a former basketball referee from Brooklyn, New York, has pled guilty to tax fraud and admitted not filing any returns from 2005 to 2008 – all while raking in more than $63,000 from...
Who Guards Your Business When You're Sick?

By JENNIFER HOYT-CUMMINGS, Reuters

Financial advisers spend a lot of time creating contingency plans for their clients, but many neglect to prepare for their own worst-case scenario. Here's what to do if you're out of the office due...

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