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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Government & Policy

The first tariff refund checks land next week — Cards Against Humanity is passing every cent to customers, but 0 of 25 CFOs surveyed plan to do the same

U.S. Customs and Border Protection is expected to begin sending refund checks to importers in the coming weeks, returning duties collected under the International Emergency...

Economy & The Fed

The April jobs report crushed estimates — 115,000 jobs vs. 65,000 expected — but white-collar sectors keep shedding workers, and AI may be the reason why

Hospitals kept hiring. Warehouses kept hiring. Retail floors kept hiring. And for the 115,000 Americans who landed nonfarm payroll jobs in April 2026, the labor...

Economy & The Fed

The S&P 500 just hit a record 7,399 — while consumer confidence crashed to its lowest point in 74 years of tracking

The S&P 500 closed at a record 7,398.93 on May 8, 2026, pushed higher by a strong April jobs report and broad buying across technology,...

Corporate News

Cloudflare cut 1,100 workers — 20% of its workforce — while posting record revenue, because AI usage inside the company surged 600% in three months

On May 7, 2026, Cloudflare told roughly 1,100 employees their jobs were being eliminated. The same day, the company filed first-quarter earnings with the SEC...

Stocks & Wall Street

Uber’s stock surged 8% after trips grew 20% to 3.6 billion and gross bookings hit $53.7 billion — then the CEO called robotaxis a “$1 trillion opportunity”

Uber Technologies delivered first-quarter 2026 results on May 6 that beat Wall Street expectations across nearly every metric, and then CEO Dara Khosrowshahi went further:...

Government & Policy

$166 billion in tariff refunds start going to businesses around May 11 — FedEx pledged to pass them along, but 0 of 25 CFOs surveyed plan to share with customers

The federal government is preparing to return roughly $166 billion in tariff payments to American importers, one of the largest refund operations in U.S. customs...

Market Trends

Florida home prices dropped 5.1% this year — the worst-hit city, Cape Coral, fell 9% as insurance costs and a flood of inventory crushed the Sun Belt boom

In May 2026, a three-bedroom stucco house on a canal in Cape Coral, Florida, listed at $380,000, sits unsold after weeks on the market. A...

Fraud & Scams

The FTC says fake EZ-Pass and SunPass texts are the fastest-growing scam in America — government imposter reports jumped 40%

The text arrives without warning: “You owe $6.99 in unpaid tolls. Pay now to avoid additional fees.” It includes a link, a logo that looks...

Stocks & Wall Street

The S&P 500 just closed above 7,365 for the first time — the CAPE ratio is at 39, and the last time it was this high was March 2000

On the final trading day of May 2026, the S&P 500 closed above 7,365 for the first time in its history. The milestone, confirmed through...

Market Trends

Home prices dropped in 39 of the 129 largest U.S. cities this year — and 4 of the 10 fastest-falling markets are in Florida

Three years ago, Cape Coral, Florida, was the kind of market where houses sold before the sign hit the yard. Buyers from New York, New...

Stocks & Wall Street

AMD surged 18.6% in a single day after AI chip revenue hit $5.8 billion — while Coinbase lost $394 million as crypto trading collapsed

Advanced Micro Devices jumped 18.6% on May 6, 2026, after the chipmaker reported that quarterly revenue from its AI-focused data center business reached $5.8 billion....

Budgeting & Saving

Class of 2026 graduates expect to earn $80,000 — their actual average starting salary is $56,153

Ask a college senior what a typical new graduate earns, and odds are they will land close to the right number. Ask that same senior...

IRS & Enforcement

The IRS may owe you money from COVID-era penalties — but you have to file a paper form by July 10 or lose it forever

Millions of Americans paid late-filing penalties, late-payment penalties, or interest charges to the IRS during the early months of the COVID-19 pandemic. Now, an independent...

IRS & Enforcement

Tens of millions of taxpayers may qualify for IRS refunds from COVID-era penalties — the deadline to file Form 843 is July 10, and it can only be mailed on paper

A penalty of $500 here, $1,200 there. During the worst of the COVID-19 pandemic, the IRS kept its automated penalty machine running even as its...

Economy & The Fed

Kevin Warsh’s Fed chair vote hits the Senate floor May 11 — four days before Powell’s term expires — and it was the first fully partisan committee vote for a Fed chair in history

No Federal Reserve chair nominee has ever reached the Senate floor on a purely partisan vote. Kevin Warsh is about to be the first. On...

Credit & Debt

Credit card debt just crossed $1.33 trillion — and the average APR is 21.52% for anyone carrying a balance

Carry a $5,000 credit card balance for a year at today’s rates and you will hand your bank more than $1,000 just in interest. Not...

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