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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Bank Accounts & Fees

No federally insured bank has failed since a Kansas lender closed on July 17

The Federal Deposit Insurance Corporation’s failure list shows four insured banks closed in 2026, and none since Small Business Bank of Lenexa, Kansas, shut on...

Renting & Leasing

Apartments.com says the national average apartment rent slipped to $1,752 in September

The national average apartment rent slipped to $1,752 in September, down 0.08 percent from August, according to the monthly rent report from Apartments.com, the rental...

Mortgages & Rates

Fannie Mae dropped three limits on attorney opinion letters used instead of title insurance

An attorney’s written opinion can stand in for a title insurance policy on a mortgage that Fannie Mae buys, and since October 7 three restrictions...

Stocks & Wall Street

Spot silver was bid at $60.05 an ounce late Monday, October 12

Spot silver was bid at $60.05 an ounce late on Monday, October 12, according to Kitco’s price page, which stamped the quote 22:11 EST and...

Social Security & Medicare

Social Security wants to merge two disability forms, with comments due November 23

Social Security wants to replace two forms that people fill out at the disability hearing stage with one. The revised Form HA-4631, Claimant’s Recent Medical...

Corporate Shakeups

IKEA is closing its three Washington-area plan-and-order stores by November 30

IKEA is closing all three of its small plan-and-order stores in the Washington, D.C. area, and the last one shuts November 30. Georgetown, in the...

Fraud & Scams

A cyberattack on bank auditor Mercadien exposed data on 402,741 people, and nine banks and credit unions including Orrstown Bank have confirmed customers were hit

Mercadien, a Hamilton, New Jersey firm that audits banks and credit unions, told the Indiana attorney general in February that an intruder took personal data...

Fraud & Scams

A court appointed a receiver on October 8 to liquidate four funds run by New York adviser SQN Capital and ordered its chief executive to pay a $200,000 SEC penalty over what the agency says were inflated valuations

A federal court in New York appointed a receiver on October 8 to liquidate four investment funds run by SQN Capital Management, and ordered the...

Social Security & Medicare

Washington says its SNAP recipients only face the three-months-in-36 time limit after a screening at their next eligibility review, not on a fixed date

Washington has set no cutoff date for the federal rule that limits some SNAP recipients to three months of benefits in any 36. The state’s...

Social Security & Medicare

SNAP households in 14 Florida Panhandle and Big Bend counties have until October 19 to ask the state to replace food lost to Hurricane Isaias

A Florida household on SNAP that lost food to Hurricane Isaias can ask the state to replace it, but only if the home is in...

Social Security & Medicare

SNAP households in Hawaii County, Maui County and one Oahu ZIP code have until October 15 to report food destroyed by Hurricane Nolo and get up to a month’s benefits back

Power outages tied to Hurricane Nolo began across parts of Hawaii on September 25, and a wildfire on Maui the next day made matters worse....

Social Security & Medicare

USDA’s SNAP food-restriction waivers each run two years, so the drink and candy bans five states target for November 1 would hold into 2028

Every SNAP food-restriction waiver USDA has approved for soda and candy limits runs for two years, so the five states set to start at the...

Social Security & Medicare

VCU Health goes out of network with Anthem’s Medicare Advantage HMO-POS, PPO and chronic-condition plans on January 1, while Anthem’s dual special needs plan stays in

VCU Health goes out of network with three kinds of Anthem Medicare Advantage plan on January 1, 2027: the HMO-POS, the PPO and the chronic-condition...

Social Security & Medicare

Medicare will not give members a new special enrollment period when their hospital leaves the plan network, after regulators dropped that proposal from the 2027 final rule

The Centers for Medicare & Medicaid Services decided against creating a new special enrollment period for Medicare Advantage members whose doctor or hospital leaves their...

Social Security & Medicare

CHRISTUS Medicare Advantage members who go back to Original Medicare have until March 4, 2027 to buy a Medigap policy with no health questions, the plan tells them

CHRISTUS Health Plan is ending three Medicare Advantage plans on December 31, 2026, and members who respond by going back to Original Medicare have a...

Social Security & Medicare

Over 11,000 Social Security beneficiaries asked the agency to explain an overpayment, and its watchdog found 79 of 125 sampled requests were handled incorrectly

Social Security’s own inspector general found that the agency mishandled 79 of 125 sampled requests from beneficiaries who asked it to explain an overpayment. The...

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