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...

$3B Postal Service Cut to Slow First-Class Mail Delivery

By HOPE YEN

Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance...
Why It’s Cheaper to Dine Out Than Eat In

By Nick Bhardwaj, The Fiscal Times

All across the country tonight, Americans will be asking themselves one important question: What’s for dinner? For an increasing number, the answer will be to dine out rather than slave away in the...
Boomers Delay Retirement

By Carol Morello and TERESA TOMASSONI, The Washington Post

More than one in five people in Washington, D.C. who are 65 or older are still plugging away at their jobs or looking for work, well above the national average, according to Census Bureau statistics.
The Start-Up Delusion: A Trap for College Grads

By Eric Schurenberg, The Fiscal Times

“There are four things* an investor is looking for in your presentation,” Ben McKean is saying as he clicks through his PowerPoint. McKean is mid-20s and looks younger, a former Wall Streeter turned...
Blagojevich to Get 15 to 20 Years

By NOMAAN MERCHANT, Associated Press

Ousted Illinois Gov. Rod Blagojevich deserves a sentence of 15 to 20 years in prison for his convictions on corruption charges, federal prosecutors said Wednesday.

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