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...

Time to Ditch Retirement? Global Leaders Confront an Aging Population

By Michael Hodin, The Fiscal Times

A recent study from the Aegon Center on Longevity and Retirement highlights a remarkable trend: Half of all employees surveyed expect to work past the age of 65. Drawing on data from 15 countries –...
The Extraordinary Rising Costs of Driving Drunk

By Millie Dent

As if you need another reason not to drink and drive. People who are charged with drinking under the influence can expect their car insurance rates to skyrocket. An adult who receives a citation for...
The Cheapest Cars to Insure in 2016

By Beth Braverman

Honda bumped Jeep to take the 2016 title for the cheapest car to insure in the U.S., according to the latest annual report from Insure.com . The Japanese automaker took the top two spots on the list...
Living Longer and Better Is Making Retiring in Place Less Lonely

By Eric Pianin

There has been a subtle but important shift in the life style of older Americans in recent decades – one that punches a hole in the stereotype of the lonely unmarried woman. Throughout much of the 20...
Here’s How Much Barbie’s New High-Tech House Would Really Cost

By Beth Braverman

Mattel may be rolling out new Barbies with body types more like those of everyday girls, but when it comes to housing, the iconic doll is still in a world of her own. At the 2016 New York Toy Fair...

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