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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Crypto & Digital Assets

Bitcoin’s slide below $64,000 erased $1.1 billion in leveraged bets in one day

Traders holding high-leverage crypto positions lost more than a billion dollars in forced liquidations after Bitcoin dropped below $64,000 in a single session. The selloff...

Government & Policy

Trump Accounts open for deposits July 4 — on top of the $1,000 federal seed for kids born since 2025, families can add $5,000 a year

Families with children born since January 1, 2025, are weeks away from a deadline that will determine whether their kids start life with a federally...

Smart Spending

Amazon moved Prime Day to June for the first time since 2021 — and Walmart, Target, and Best Buy scheduled rival sales the same week

Amazon scheduled its Prime Day sale for June 23 through 26, marking the first time since 2021 that the retail giant has placed its flagship...

IRS & Enforcement

Dishwashers, DJs, and golf caddies all made the IRS’s final list of 70 jobs eligible to deduct up to $25,000 in tips

Workers who never expected a tax break on their tips, from dishwashers splitting pooled gratuities to DJs collecting cash after a wedding set, now qualify...

Government & Policy

Grubhub owes 60,000 California drivers a piece of $24.75 million — and every valid claim filed by June 18 gets at least $25

Roughly 60,000 delivery drivers who worked for Grubhub in California could each receive at least $25 from a $24.75 million settlement fund tied to worker...

Cost of Living

Dealers are quietly absorbing almost half of the tariff hike on new cars

American car buyers shopping for a new import this summer are paying less of a tariff surcharge than the sticker math would suggest. Federal records...

Government & Policy

Illinois lawmakers delayed the nation’s first credit-card swipe-fee ban to 2027 — and a federal judge has now blocked it permanently

Illinois merchants who hoped to stop paying credit-card interchange fees on the tax and tip portions of customer transactions will have to keep waiting, and...

Social Security & Medicare

Social Security checks go out June 10, 17, and 24, set by your birth date

Millions of Social Security recipients will see their June 2026 payments land on one of three Wednesdays this month, with the exact date determined entirely...

Retirement Planning

IRA contributions jumped 29% to a record last quarter, with two-thirds of the money going into Roths

Americans poured money into individual retirement accounts at a record pace during the first quarter of 2026, with contributions climbing 29 percent year over year....

Fraud & Scams

AT&T’s $177 million breach payouts, up to $7,500 each, are waiting on a judge’s final sign-off

Millions of AT&T customers whose Social Security numbers were exposed in a 2024 data breach could receive individual payouts of up to $7,500, but the...

Tax Changes & Deadlines

Buyers of new American-built cars can now deduct up to $10,000 a year in loan interest — even if they take the standard deduction

Millions of car buyers who finance a new vehicle assembled in the United States can now subtract up to $10,000 in annual loan interest from...

Smart Spending

Flying on a Tuesday saves about $56 over a weekend departure this summer

Travelers booking U.S. domestic flights this summer stand to save roughly $56 per ticket simply by departing on a Tuesday instead of a weekend day....

Smart Spending

Americans will spend a record $24 billion on Father’s Day this year, about $199 per shopper

American shoppers are set to push Father’s Day spending to $24.0 billion in 2025, a new record that works out to roughly $199.38 per person...

Fraud & Scams

Trader Joe’s shoppers have until Tuesday, June 9 to claim an estimated $102 each from the chain’s $7.4 million receipt-privacy settlement

Trader Joe’s shoppers who paid with credit or debit cards during a specific period can file claims for an estimated $102 each from a $7.4...

Smart Spending

TOMY is recalling Boon NURSH baby bottles because the outer shell can peel into a choking hazard

Parents who purchased Boon NURSH 8 oz reusable baby bottles at Walmart should stop using them immediately. TOMY is recalling approximately 40,000 of these bottles...

IRS & Enforcement

Adding a bank account to your free IRS online account is the fastest way to avoid weeks of refund delay this year

Millions of taxpayers filing returns this year face a new procedural step that could mean the difference between receiving a refund in days or waiting...

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