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...

US Obesity Rate Hit a Record High in 2015

By Eric Pianin

Americans continue to lose the battle of the bulge. A new Gallup survey published on Friday shows that the obesity rate among adults surged in 2015 to a new high of 28 percent, or a 2.5 percentage...
Flint Is Facing Another Big Problem: Vacant Houses

By Janna Herron

As if battling an unprecedented water contamination crisis wasn’t enough for the residents of Flint, Michigan, the city just landed on an unenviable list: the cities with the biggest share of empty...
New Tech Tools Beat the High Cost of Prescription Drugs

By Eric Pianin

For those in the market for a drug to lower their cholesterol, here’s some useful news: A 30-day supply of Atorvastatin – a generic version of Lipitor -- is going for $10.50 on line at Health...
8 Red Flags That Could Trigger an IRS Tax Audit

By Beth Braverman

If there’s anything that Americans dread more than doing their taxes, it may be the prospect of getting audited by the IRS. Fortunately, your chances of being audited by the Internal Revenue Service...
The 10 Cities With the Biggest Jump in Renters

By Beth Braverman

The housing crisis and recession that followed has led to a sustained increase in the percentage of Americans who rent rather than own their homes -- from 38.5 percent to 43.3 percent -- but the...

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