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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Market Trends

Builders slashed new home prices 6.2% in a year to $387,400 — because 481,000 unsold homes are sitting on the market

The sticker price on a brand-new American home just dropped to a level that would have seemed impossible during the pandemic housing frenzy. According to...

Economy & The Fed

Producer prices for services jumped 1.2% in a single month, the biggest gain since 2022 — that’s the inflation the Fed can’t blame on oil

Wholesale prices spiked in April 2026, and the usual explanation doesn’t apply. It wasn’t oil. It wasn’t gasoline. It wasn’t a drought or a refinery...

Government & Policy

Trump landed in Beijing today with Musk, Cook, and Nvidia’s CEO on Air Force One — traders give 81% odds the tariff truce gets extended

President Donald Trump touched down in Beijing on Tuesday afternoon, May 13, 2026, accompanied by three of the most powerful technology executives on the planet:...

Mortgages & Rates

The 30-year mortgage held at 6.37% the same week wholesale inflation hit 6% — the 10-year Treasury just climbed to its highest yield in 10 months

Homebuyers who locked in a 30-year fixed mortgage this week are paying 6.37%, according to Freddie Mac’s Primary Mortgage Market Survey. That number barely moved...

Fraud & Scams

Fake EZ-Pass and toll-road texts are the fastest-growing scam in America — imposter fraud losses hit $3.5 billion last year

The message that landed on a New Jersey commuter’s phone last spring looked like any routine toll notice: “Your E-ZPass account has an unpaid balance...

Bank Accounts & Fees

The best high-yield savings account still pays 4.10% APY — and the new Fed chair taking over today hasn’t signaled a single rate cut

Kevin Warsh walked into the Federal Reserve’s Eccles Building on May 14, 2026, as the most hawkish new chair the central bank has had in...

Economy & The Fed

Wholesale inflation hit 6% the day after consumer inflation hit 3.8% — the one-two punch economists say means more price increases for everything you buy

A gallon of gas costs more to refine. A pallet of chicken costs more to ship. A contractor’s lumber bill is climbing again. And as...

Cost of Living

Brent crude hit $111 a barrel today, its highest price since 2022 — gas sat at $4.51, just 51 cents from the all-time U.S. record

American drivers paid a national average of $4.51 for a gallon of regular unleaded during the first week of June 2026, according to AAA’s daily...

Budgeting & Saving

Zero rate cuts are priced in for 2026 — and the best high-yield savings account still pays 4.10% APY because of it

The Federal Reserve has not touched its benchmark interest rate once in 2026. Through every scheduled meeting this year, the Federal Open Market Committee has...

Fraud & Scams

Fidelity flagged a $15 billion fraud wave targeting Americans’ savings — scammers send 100,000 texts a day and AI voice clones need just 3 seconds of audio

A 54-year-old woman in Arizona picks up the phone and hears her son’s voice, panicked, saying he’s been in a car accident and needs bail...

Money in the News

A Gartner report says AI layoffs haven’t saved companies a cent — but 37,000 workers lost their jobs in the first 10 days of May anyway

Between May 1 and May 10, 2026, more than 37,000 workers across the United States learned their jobs were gone. A budget airline that once...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but today’s 3.8% CPI means retirees are losing purchasing power faster than the raise covers

The extra $57 in January’s Social Security check was supposed to keep retirees even with rising prices. By spring, it was already underwater. Consumer prices...

Mortgages & Rates

The average new home loan hit a record $467,300 — and 3.8% inflation guarantees mortgage rates won’t drop to help

A buyer closing on a home today is borrowing more money than at any point in American history. The average new purchase mortgage reached $467,300...

Economy & The Fed

Oil climbed above $102 WTI for the first time since 2022 — Trump says the Iran ceasefire is on “massive life support”

Oil climbed above $102 WTI for the first time since 2022 — Trump says the Iran ceasefire is on “massive life support” For the first...

Cost of Living

Airline fares rose 20.7% in the past year — the steepest annual increase on record, and Spirit Airlines shutting down made it worse

A round-trip flight from Orlando to Chicago cost as little as $120 on Spirit Airlines last spring. Today, with Spirit gone and no ultra-low-cost carrier...

Cost of Living

Gas hit $4.50 the same day the CPI showed it’s the biggest driver of inflation — the all-time U.S. record is just 52 cents away

Filling up a midsize sedan cost more than $65 at most stations on the morning of May 12, 2026, the same morning the federal government...

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