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...

Obama Goes Mano-a-Mano with Oil Speculators

By Merrill Goozner, The Fiscal Times

President Obama on Tuesday announced a far-ranging plan to crack down on oil speculation, which he blames in part for the recent run-up in oil prices. The high prices are lightening consumer wallets...
Buffett Rule Busted and Buried by GOP Congress

By Eric Pianin

As expected, Republicans blocked a Democratic effort in the Senate Monday evening to take up the ‘Buffett Rule,’ President Obama’s effort to force millionaires to pay at least a 30 percent tax on...
Young Adults Hit Hardest by Rough Economy

By Reuters

Annabel Adams has seen a lot in her life: 9-11, the dot-com bust, the housing collapse, the financial crisis, the Great Recession. That may sound like a lifetime of experience, but she is just 28...
4 Stupid Investor Tricks to Avoid

By Suzanne McGee, The Fiscal Times

Whether out of fear or greed, investors all too often scramble to do precisely the wrong thing at precisely the wrong time. Right now, the spectacle that falls into this category of “Stupid Investor...
Retail Sales Better Than Expected

By Lucia Mutikani, Reuters

Retail sales showed unexpected vigor in March as Americans shrugged off high gasoline prices and bought a range of goods, suggesting economic growth in the first quarter was probably not as weak as...

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