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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Cost of Living

Gas hit $4.50 nationally — up 50% since the Iran war started — and the average household is now spending $380 a month just on fuel

Maria Gonzalez fills up her Honda CR-V twice a week. The home health aide drives roughly 80 miles a day across suburban Houston visiting patients,...

Cost of Living

Spirit Airlines executives are requesting $10.7 million in “retention bonuses” — while 17,000 workers just lost paychecks and health benefits

Spirit Airlines’ last flight touched down weeks ago. The planes are being auctioned. Roughly 17,000 employees, from flight attendants and gate agents to pilots and...

Fraud & Scams

One in five Americans was hit by financial fraud last year — total losses reached $84 billion, and only $21 billion was recovered

About 50 million American adults lost money to financial fraud in 2024, according to the Federal Reserve’s annual Survey of Household Economics and Decisionmaking (SHED). That...

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 were hit with IRS penalties during the COVID-19 pandemic. Now, the federal government may owe them money back. But there is a...

Markets & Investing

I bonds just reset to 4.26% — the highest rate since October 2023 — and the 0.90% fixed rate locks in for 30 years

The Treasury announced on May 1, 2026, that Series I savings bonds now carry a 4.26% annualized composite rate, a notable jump that makes the...

Government & Policy

Trump shrugged when asked about $4.48 gas — “for a little while,” he said — as Republicans warn high prices could cost them the midterms

On April 23, 2026, the national average price of a gallon of regular gasoline hit $4.48, according to AAA’s daily fuel tracker. That same afternoon,...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but after the Medicare Part B hike to $203, retirees kept just $38 of it

Six months into 2026, most retired workers have had time to notice what their 2.8% Social Security raise actually looks like in their bank accounts....

Credit & Debt

Credit card debt hit $1.33 trillion — and 55% of cardholders say they’re carrying balances just to cover gas and groceries

Somewhere between the egg aisle and the gas pump, millions of Americans quietly crossed a line: they stopped paying off their credit cards each month...

Stocks & Wall Street

The S&P 500 is 1% from an all-time high — but the CAPE ratio just hit 39, the highest level since the year 2000

The S&P 500 closed at 5,958 on May 5, 2026, finishing the first full week of the month within roughly 1% of its all-time high...

Stocks & Wall Street

Micron started shipping a 245-terabyte SSD — one drive that holds what used to fill 82 server racks — and the stock surged 11% to an all-time high

Micron Technology began commercial shipments of a 245-terabyte solid-state drive in March 2026, a single storage unit the company says can replace roughly 82 server...

Stocks & Wall Street

Pinterest surged 20% after earnings — the fastest sales growth since 2024 — while Shopify dropped 7% despite beating revenue by $80 million

Pinterest and Shopify both reported first-quarter earnings on the same day in May 2026. Both beat expectations. One stock jumped 20%. The other fell 7%....

Economy & The Fed

Kevin Warsh’s Fed chair vote could be the most partisan in history — and it’s happening 4 days before Powell’s term expires

Every Republican voted yes. Every Democrat voted no. And just like that, on April 29, 2026, Kevin Warsh became the first Federal Reserve chair nominee...

Stocks & Wall Street

Intel hit an all-time high after Apple opened talks to use it as a chip supplier — the same company that traded at $18 two years ago

In the spring of 2024, Intel’s stock was hovering near $18 a share. The company had lost Apple as a chip customer, fallen a generation...

Cost of Living

California’s gas just crossed $6.11 on average — some counties hit $7 a gallon — and Newsom is calling it “Trump’s Iran war tax”

Filling up a mid-size sedan in California now costs north of $90. The statewide average price of regular gasoline crossed $6.11 per gallon in late...

Bank Accounts & Fees

High-yield savings accounts still pay up to 4.10% APY — the Fed hasn’t cut rates once this year, and markets now expect zero cuts for all of 2026

The Federal Reserve has met three times in 2026. Three times, it left interest rates exactly where they were. And three times, the best online...

Mortgages & Rates

Mortgage rates held at 6.20% this week — half a point lower than last May — but Iran-driven inflation could push them higher before summer ends

Mortgage rates held at 6.20% this week — half a point lower than last May — but Iran-driven inflation could push them higher before summer...

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