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...

$1.7 Trillion in Unfunded State Pensions Is Squeezing Vital Public Programs

By Josh B. McGee

Governments across the country are facing down at least $1.7 trillion in unpaid pension costs for public workers. As these growing commitments squeeze local budgets and crowd out essential services,...
Retailers React to Backlash Against Thanksgiving Day Shopping

By Beth Braverman

In the race to capture as many holiday shoppers as possible, many large retailers and malls in recent years have pushed their Black Friday opening from the early hours of the morning into the early...
Prescription Drug Prices Headed for Double-Digit Increases in 2017

By Beth Braverman

Spending on prescription drugs continues to be one of the biggest drivers pushing health care costs upward. Slideshow: The 10 Most Frequently Prescribed Drugs in America Specialty drugs get a lot of...
Ariad Just Gave Congress Another Reason to Regulate Drug Prices

By Eric Pianin

If Hillary Clinton and the Democrats assume control of the White House and the Senate next year, which seems increasingly likely, the U.S. pharmaceutical industry will have plenty to worry about. The...
As More Americans Rent, Investors Snap Up Single Family Homes

By Beth Braverman

The American homeownership rate is at its lowest point in more than 50 years, but that doesn’t mean that Americans want to live in traditional rentals like apartment and condos. As Millennials...

Search form