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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Economy & The Fed

The Buffett Indicator just hit 232% of GDP — the highest reading ever recorded — and Warren Buffett himself said anything above 200% means you’re “playing with fire”

Warren Buffett has been selling stocks for two straight years, and he is not being subtle about it. By the end of the first quarter...

Loans & Lending

Subprime auto loan delinquencies just hit a 32-year record — and the average car payment climbed to $767 a month for a new vehicle

In October 2025, 6.65% of subprime auto borrowers tracked by Fitch Ratings were at least 60 days behind on their car payments. That is the...

Markets & Investing

SpaceX is expected to file its IPO prospectus next week — at $1.75 trillion, it would be the largest public offering in U.S. history by a factor of 10

SpaceX is preparing to go public at a valuation that dwarfs anything Wall Street has ever seen. The rocket and satellite company founded by Elon...

Credit & Debt

42% of Americans say they’ll have credit card debt until they die — total card balances just crossed $1.33 trillion at an average APR of 22.3%

Forty-two percent of Americans who carry a credit card balance believe they will be in credit card debt for the rest of their lives. That...

Economy & The Fed

Nvidia pumped $40 billion into AI companies this year — $30 billion to OpenAI alone — and critics say it’s a circular deal where Nvidia funds its own customers to buy more Nvidia chips

Nvidia has committed roughly $40 billion to artificial intelligence companies in 2026, with an estimated $30 billion flowing to a single recipient: OpenAI. The chipmaker’s...

Corporate News

Upwork cut a quarter of its workforce and said AI means it “moves faster with smaller teams” — the stock dropped 19% and its AI-related revenue rose 40%

Upwork told roughly 300 employees in early May 2026 that their jobs were gone, and the company did not soften the reason: artificial intelligence had...

Loans & Lending

The new student loan repayment plan launches in 53 days — and it’s the only income-driven option left after Trump killed SAVE, Grad PLUS, and every other IDR plan

If you owe federal student loans and haven’t been paying close attention, here is the short version: every income-driven repayment plan you’ve heard of is...

Economy & The Fed

Bitcoin slid below $80,000 after Iran rejected the U.S. deal — and the strong jobs report gave the Fed another reason to keep rates high

Bitcoin slid below $80,000 after Iran rejected the U.S. deal and the strong jobs report gave the Fed another reason to keep rates high. The...

Stocks & Wall Street

The S&P 500 crossed 7,400 for the first time and posted six straight winning weeks — traders on Kalshi give 59% odds it hits 8,000 this year

The S&P 500 touched 7,400 during trading on Friday, May 8, 2026, a level the index had never reached before. It pulled back slightly into...

IRS & Enforcement

The IRS may owe you money from COVID-era penalties — but you have to mail a paper form by July 10 or lose it forever

Millions of Americans paid IRS penalties during the COVID-19 pandemic, wrote off the loss, and never looked back. That may have been a costly mistake....

Government & Policy

The first tariff refund checks land next week — Cards Against Humanity is passing every cent to customers, but 0 of 25 CFOs surveyed plan to do the same

U.S. Customs and Border Protection is expected to begin sending refund checks to importers in the coming weeks, returning duties collected under the International Emergency...

Economy & The Fed

The April jobs report crushed estimates — 115,000 jobs vs. 65,000 expected — but white-collar sectors keep shedding workers, and AI may be the reason why

Hospitals kept hiring. Warehouses kept hiring. Retail floors kept hiring. And for the 115,000 Americans who landed nonfarm payroll jobs in April 2026, the labor...

Economy & The Fed

The S&P 500 just hit a record 7,399 — while consumer confidence crashed to its lowest point in 74 years of tracking

The S&P 500 closed at a record 7,398.93 on May 8, 2026, pushed higher by a strong April jobs report and broad buying across technology,...

Corporate News

Cloudflare cut 1,100 workers — 20% of its workforce — while posting record revenue, because AI usage inside the company surged 600% in three months

On May 7, 2026, Cloudflare told roughly 1,100 employees their jobs were being eliminated. The same day, the company filed first-quarter earnings with the SEC...

Stocks & Wall Street

Uber’s stock surged 8% after trips grew 20% to 3.6 billion and gross bookings hit $53.7 billion — then the CEO called robotaxis a “$1 trillion opportunity”

Uber Technologies delivered first-quarter 2026 results on May 6 that beat Wall Street expectations across nearly every metric, and then CEO Dara Khosrowshahi went further:...

Government & Policy

$166 billion in tariff refunds start going to businesses around May 11 — FedEx pledged to pass them along, but 0 of 25 CFOs surveyed plan to share with customers

The federal government is preparing to return roughly $166 billion in tariff payments to American importers, one of the largest refund operations in U.S. customs...

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