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 to Colleges: Control Costs or Lose Funding

By Eric Pianin

With families struggling with mounting tuition costs and debt, President Obama has unveiled proposals that would punish colleges and universities that don’t take steps to control costs while...
A Brand New House for $1,500?

By Henry Blodget, The Business Insider

One of the latest projects for Bill Gross and idealab, an incubator run by Gross and his wife Marcia Goodstein, is affordable housing.
PIMCO Tells Investors to Avoid EU

By NEAL ARMSTRONG, Reuters

PIMCO is advising clients to diversify out of euros to protect the value of their investment holdings amid a highly uncertain outlook in the euro zone, with emerging market currencies seen as an...
Italy: Investment Bet of Decade?

By LISA JUCCA, Reuters

Buying Italian debt at this time is only for the brave - and those who believe the worst of the danger for the euro zone's third biggest economy has passed, according to interviews with more than a...
The Coming Nursing Home Shortage

By Steve Yoder, The Fiscal Times

Cuts in Medicare, declining construction of new nursing homes, and an aging population could spell disaster for the future of nursing homes.

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