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...

JPMorgan may tip Wall Street's hand on Volcker

By Rachel Wolcott, Reuters

LONDON, May 11 (Thomson Reuters Accelus) - JPMorgan Chase & Co's revelation that it had trading losses of at least $2 billion on a failed hedging strategy may have tipped the hand to one way Wall...
JPMorgan's Dimon loses clout as reform critic

By Dave Clarke, Reuters

WASHINGTON (Reuters) - Wall Street may have lost its most potent spokesman against Washington reforms. JPMorgan Chase & Co Chief Executive Jamie Dimon has parlayed his bank's reputation as a...
Lack of new cash disappoints in Spain bank reform

By Julien Toyer and Jesús Aguado, Reuters

MADRID (Reuters) - Spain's government tried to plug a gaping hole in the country's banking system on Friday, but the fourth such attempt to tackle the fallout from a property crash fell short of...
Mother's Day 2012: Spending Exceeds $18 Billion

By Michelle Hirsch and Maureen Mackey, The Fiscal Times

Americans will spend more on Mom this year than they have in recent years. Total spending in 2021 is expected to reach $18.6 billion nationally, according to the National Retail Federation. We’ll...
Congress May Toss the Economy over the Fiscal Cliff

By Eric Pianin

Unless the badly divided Congress and President Obama can agree on a slew of confounding budget and tax issues in the run up to a crucial presidential and congressional fall election, a fragile...

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