The Money Overview

Author

Gerelyn Terzo

Gerelyn is an experienced financial journalist and content strategist with a command of the capital markets, covering the broader stock market and alternative asset investing for retail and institutional investor audiences. She began her career as a Segment Producer at CNBC before supporting the launch Fox Business Network in New York. She is also the author of Dividend Investing Strategies: How to Have Your Cake & Eat It Too, a handbook on dividend investing. Gerelyn resides in Colorado where she finds inspiration from the Rocky Mountains.

Latest Articles by Gerelyn Terzo

Stocks & Wall Street

Why the stock market’s record week might actually be bad news for your wallet

Maria Gonzalez, a home health aide in Phoenix, spent the week of April 14, 2026, picking up an extra weekend shift to cover a $287...

Government & Policy

A gas company got a $370M tax break by calling its 1,000-foot tankers “motorboats” — a senator says “if that’s a motorboat, the Titanic was a dinghy”

Cheniere Energy’s liquefied natural gas tankers stretch roughly 1,000 feet from bow to stern. Each one can carry enough supercooled fuel to heat tens of...

Credit Cards & Rewards

Premium credit card annual fees are now past $800 — here’s when the math stops working

When American Express raised the Platinum Card’s annual fee to $895, the company framed it as an upgrade. New perks arrived alongside the price hike:...

Loans & Lending

Student loan garnishment still on hold — 5.5 million defaulted borrowers have a window to act before July

If you’re among the roughly 5.5 million Americans whose federal student loans are in default, the government already has the authority to take up to...

Economy & The Fed

Consumer confidence just hit its lowest point in 74 years — worse than the 2008 crash, worse than COVID

The last time American consumers felt anything close to this pessimistic, the country was in the grip of the worst financial crisis since the Great...

IRS & Enforcement

IRS launches anonymous Tax Debt Help tool — no Social Security number required

The IRS wants you to explore your tax debt options before you hand over a single piece of personal information. A web-based feature called Tax...

Crypto & Digital Assets

Charles Schwab launches spot Bitcoin and Ethereum trading at 75 bps — undercutting Fidelity

Charles Schwab, the largest discount brokerage in the United States, is preparing to offer its retail clients direct trading in Bitcoin and Ethereum through their...

Economy & The Fed

Gold hits $4,819 per ounce — here’s what’s driving the safe-haven rally in 2026

On the afternoon of March 18, 2026, minutes after Federal Reserve Chair Jerome Powell finished his post-meeting press conference, gold futures on COMEX blew past...

Social Security & Medicare

2027 COLA projected at 2.8% again — senior group warns it’s not enough

A retiree collecting the average Social Security benefit of roughly $1,976 a month gained about $55 from the 2026 cost-of-living adjustment. If the latest projection...

Tax Changes & Deadlines

53 million Americans claimed new OBBB deductions this tax season — here’s how much extra they’re getting back

A warehouse worker in Ohio who logged 10 hours of overtime every week. A bartender in Miami who reported $18,000 in tips. A retired couple...

Credit & Debt

Americans now owe a record $1.277 trillion in credit card debt — 55% covers essentials like groceries and rent

The credit card statement used to be where vacations and flat-screen TVs showed up. Now it is where eggs, rent, and the electric bill land....

IRS & Enforcement

IRS just launched a free Tax Debt Help tool — anonymous, no SSN required

Tax season is winding down, but for roughly 19 million Americans who carry an unpaid federal tax balance, according to the IRS Data Book, the...

Corporate Shakeups

Disney cuts roughly 1,000 jobs across TV, film, marketing under new CEO D’Amaro

Walt Disney Co. is eliminating roughly 1,000 positions across television, film, marketing, and corporate divisions, CEO Josh D’Amaro told employees in an internal memo in...

Mortgages & Rates

The states where property taxes, insurance, and HOA fees make ownership most expensive in 2026

A homeowner in suburban New Jersey can easily spend $9,500 a year in property taxes, $2,400 on insurance, and $4,200 in HOA dues before making...

Tech & Your Wallet

Snap slashes 16% of workforce — CEO says AI now replaces “repetitive work”

Snap cut roughly 1,000 jobs this week, eliminating about 16% of its full-time workforce in a restructuring that CEO Evan Spiegel framed as a direct...

Cost of Living

Oil jumps 8% on Strait of Hormuz blockade — what it means for gas and grocery prices

Crude oil surged roughly 8% in early Monday trading after the U.S. military announced it would blockade all Iranian ports, including traffic through the Strait...

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