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

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...

Social Security & Medicare

SSA warns of surge in fake Social Security benefit-statement emails targeting seniors

The email looks like it came straight from the Social Security Administration: the agency logo sits at the top, the formatting is clean, and the...

Social Security & Medicare

Medicare Part B deductible climbs to $283 — another hit on top of the premium

The 2026 Medicare Part B deductible is now $283, a $26 jump from the $257 that beneficiaries paid in 2025. Paired with a standard monthly...

Insurance & Protection

Home insurance premiums set to jump 8% in 2026 AND 8% again in 2027 — the states getting hit hardest

When North Carolina regulators approved a two-phase, 15% rate increase for homeowners insurance, split into two steps taking effect through mid-2026, it turned an abstract...

Mortgages & Rates

30-year mortgage drops to 6.12% — lowest in 4 weeks on Iran-ceasefire bond rally

A homebuyer borrowing $400,000 this week will pay about $85 less per month than one who locked in just two weeks ago. The reason traces...

Corporate News

Citigroup posts highest quarterly revenue in a decade — $24.6B on $3.06 EPS

Citigroup reported first-quarter 2026 revenue of $24.6 billion and diluted earnings per share of $3.06, its strongest top-line quarter in roughly a decade and a...

Economy & The Fed

Dow futures drop 517 points as Trump orders Strait of Hormuz blockade

American drivers were already paying a national average of roughly $3.60 per gallon for regular gasoline when they got a new reason to worry on...

Stocks & Wall Street

Big banks kick off earnings: JPMorgan, Wells, Citi, Goldman, Morgan Stanley, BofA

The biggest week on Wall Street’s calendar is here. JPMorgan Chase filed its first-quarter 2026 results with the SEC on April 14, and the rest...

Economy & The Fed

99,283 US workers laid off across 146 events in 2026 so far — ~973 per day

Between January 1 and April 12, 2026, at least 99,283 American workers received formal notice that their jobs were being eliminated. The losses span 146...

Mortgages & Rates

30-year fixed mortgage averages 6.15%, down 7 bps week-over-week

The average rate on a 30-year fixed mortgage fell to 6.15% this spring, dropping 7 basis points from the prior week and hitting its lowest...

Tax Changes & Deadlines

IRS issues final “no tax on tips” rules and eligible job list

Starting June 12, 2026, a restaurant server in Dallas who earns $28,000 a year in tips will be able to shield up to $25,000 of...

Government & Policy

Pentagon says Iran war cost $18B, seeks $200B more from Congress

WASHINGTON – The Pentagon is asking Congress to approve roughly $200 billion in emergency war funding for its military campaign against Iran, a request that...

Stocks & Wall Street

Jeremy Grantham warns AI boom is a bubble and a bust is coming

Jeremy Grantham has been calling bubbles for half a century, and he has been right often enough that Wall Street cannot afford to ignore him....

Government & Policy

U.S.-Iran peace talks in Pakistan end without a deal after 21 hours

ISLAMABAD, Pakistan – Twenty-one hours of face-to-face negotiations between American and Iranian delegations collapsed early Sunday without an agreement, plunging a fragile ceasefire into uncertainty...

Economy & The Fed

Consumer sentiment sinks to record low as inflation view hits 4.8%

Americans are more pessimistic about the economy than at any point in the 72-year history of the University of Michigan’s consumer survey. The preliminary Index...

Crypto & Digital Assets

Bitcoin stuck in extreme fear for 46 days, longest stretch since LUNA

Forty-six days. That is how long the Crypto Fear & Greed Index has been stuck in “Extreme Fear” territory for Bitcoin, a streak that began...

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