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...

6 Money Mistakes to Avoid When You're Getting a Divorce

By Kelli B. Grant, CNBC

As summer winds down, so may your marriage. University of Washington researchers studying court records in the state found a "twin peaks" pattern of divorce filings — in March and August. "Divorce...
The Latest Sign That the Obamacare Exchanges Aren’t Working in Many Markets

By Eric Pianin

In the wake of Aetna’s recent announcement that it was pulling up stakes in 11 of 15 states where it had been selling insurance on Obamacare exchanges, there are more alarming signs that other major...
How to Prevent the Next Housing Crisis

By Staff KnowledgeWharton

Even as the world contends with the most recent political-economic upheavals, from the aftermath of Brexit to mass migration, unfinished work remains from the 2008 global financial crisis. If left...
Facebook Is Making You Spend More Money Than You Should

By Beth Braverman

Financial planners have always warned that the “lifestyle creep” that comes with the desire to keep up with friends and neighbors can hurt consumers’ ability to meet their long-term financial goals...
Epi-Pen Maker Enters the Pharmaceutical Industry’s Hall of Shame

By Eric Pianin

One of a parent’s worst nightmares is seeing a young child gasping for breath as a result of an allergic attack and being powerless to do anything about it. Sen. Amy Klobuchar (D-MN) still recalls...

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