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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Fraud & Scams

Fake EZ-Pass and toll-road texts are the fastest-growing scam in America — imposter fraud losses hit $3.5 billion last year

The message that landed on a New Jersey commuter’s phone last spring looked like any routine toll notice: “Your E-ZPass account has an unpaid balance...

Bank Accounts & Fees

The best high-yield savings account still pays 4.10% APY — and the new Fed chair taking over today hasn’t signaled a single rate cut

Kevin Warsh walked into the Federal Reserve’s Eccles Building on May 14, 2026, as the most hawkish new chair the central bank has had in...

Economy & The Fed

Wholesale inflation hit 6% the day after consumer inflation hit 3.8% — the one-two punch economists say means more price increases for everything you buy

A gallon of gas costs more to refine. A pallet of chicken costs more to ship. A contractor’s lumber bill is climbing again. And as...

Cost of Living

Brent crude hit $111 a barrel today, its highest price since 2022 — gas sat at $4.51, just 51 cents from the all-time U.S. record

American drivers paid a national average of $4.51 for a gallon of regular unleaded during the first week of June 2026, according to AAA’s daily...

Budgeting & Saving

Zero rate cuts are priced in for 2026 — and the best high-yield savings account still pays 4.10% APY because of it

The Federal Reserve has not touched its benchmark interest rate once in 2026. Through every scheduled meeting this year, the Federal Open Market Committee has...

Fraud & Scams

Fidelity flagged a $15 billion fraud wave targeting Americans’ savings — scammers send 100,000 texts a day and AI voice clones need just 3 seconds of audio

A 54-year-old woman in Arizona picks up the phone and hears her son’s voice, panicked, saying he’s been in a car accident and needs bail...

Money in the News

A Gartner report says AI layoffs haven’t saved companies a cent — but 37,000 workers lost their jobs in the first 10 days of May anyway

Between May 1 and May 10, 2026, more than 37,000 workers across the United States learned their jobs were gone. A budget airline that once...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but today’s 3.8% CPI means retirees are losing purchasing power faster than the raise covers

The extra $57 in January’s Social Security check was supposed to keep retirees even with rising prices. By spring, it was already underwater. Consumer prices...

Mortgages & Rates

The average new home loan hit a record $467,300 — and 3.8% inflation guarantees mortgage rates won’t drop to help

A buyer closing on a home today is borrowing more money than at any point in American history. The average new purchase mortgage reached $467,300...

Economy & The Fed

Oil climbed above $102 WTI for the first time since 2022 — Trump says the Iran ceasefire is on “massive life support”

Oil climbed above $102 WTI for the first time since 2022 — Trump says the Iran ceasefire is on “massive life support” For the first...

Cost of Living

Airline fares rose 20.7% in the past year — the steepest annual increase on record, and Spirit Airlines shutting down made it worse

A round-trip flight from Orlando to Chicago cost as little as $120 on Spirit Airlines last spring. Today, with Spirit gone and no ultra-low-cost carrier...

Cost of Living

Gas hit $4.50 the same day the CPI showed it’s the biggest driver of inflation — the all-time U.S. record is just 52 cents away

Filling up a midsize sedan cost more than $65 at most stations on the morning of May 12, 2026, the same morning the federal government...

Cost of Living

American paychecks shrank in real terms for the first time since 2023 — wages grew 3.6% but prices rose 3.8%

A worker earning the national average hourly wage of $31.27 took home a bigger number on their pay stub in April 2026 than a year...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but the Medicare Part B premium hike swallowed $17.90 of it, leaving retirees with just $38 more

Five months into 2026, the extra money from Social Security’s latest cost-of-living adjustment has had time to settle into retirees’ budgets. For most, the verdict...

Mortgages & Rates

The 30-year mortgage averaged 6.37% last week — up from 6.02% in April — and the spring rate dip that buyers were counting on is gone

The numbers were finally cooperating. During the week of April 17, 2026, the 30-year fixed mortgage rate fell to 6.02%, its lowest point of the...

Stocks & Wall Street

The S&P 500 closed at a record 7,413 today — its seventh straight week of gains — while oil climbed back above $104 on the Iran deal collapse

The S&P 500 closed at a record 7,413 today, its seventh straight week of gains, while oil climbed back above $104 on the Iran deal...

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