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The Money Overview

Tax Changes & Deadlines

The new tax law lets car buyers deduct up to $10,000 of interest on a U.S.-assembled vehicle

A provision inside the One Big Beautiful Bill Act lets car buyers deduct up to $10,000 a year in interest paid on a loan for a new vehicle assembled in the United States, according to Internal Revenue Service guidance on the law’s Working Families Tax Cuts. The deduction runs for tax years 2025 through 2028 […]

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Tax Changes & Deadlines

The new tax law lets car buyers deduct up to $10,000 of interest on a U.S.-assembled vehicle

A provision inside the One Big Beautiful Bill Act lets car buyers deduct up to $10,000 a year in interest paid on a loan for a new vehicle assembled in the United States, according to Internal Revenue Service guidance on the law’s Working Families Tax Cuts. The deduction runs for tax years 2025 through 2028 […]

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Banking & Credit Cards

Fraud & Scams

Federal regulators now say a bank may warn a customer when a frozen account is tied to fraud

Five federal banking regulators said this week that a bank or credit union has always been free to tell a customer that a frozen account,...

Fraud & Scams

Scammers now use AI voice clones to fake a grandchild’s emergency call and demand cash

A caller claiming to be a panicked grandchild no longer needs to sound convincing on the fly — artificial intelligence can now generate that voice...

Fraud & Scams

Callers posing as U.S. Marshals are pushing seniors to hand their savings to gold-bar couriers

A caller in Honolulu told an elderly widow this summer that he was a deputy U.S. Marshal, that her Social Security number had been linked...

Fraud & Scams

Fake toll-payment texts are now the fastest-growing government-imposter scam

Fake text messages demanding instant payment for an unpaid highway toll have become the fastest-growing form of government-imposter fraud, and the growth now shows up...

Loans & Lending

Auto-loan delinquencies hit a record 5.5%, the worst since the Great Recession

The auto loan delinquency rate climbed to a record 5.5% in the second quarter, edging past the 5.3% peak set during the depths of the...

Bank Accounts & Fees

Overdraft fees are back near $33 after Congress killed a rule capping them at $5

The average overdraft fee has climbed back to about $32.75 per transaction, according to a 2026 survey cited by financial-education site Empower, nearly matching what...

Retirement & Taxes

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