Skip to main content

The Money Overview

Avatar photo
Author

Tyler Foster

Latest Articles by Tyler Foster

Stocks & Wall Street

The S&P 500 just closed above 7,365 for the first time — the CAPE ratio is at 39, and the last time it was this high was March 2000

On the final trading day of May 2026, the S&P 500 closed above 7,365 for the first time in its history. The milestone, confirmed through...

Market Trends

Home prices dropped in 39 of the 129 largest U.S. cities this year — and 4 of the 10 fastest-falling markets are in Florida

Three years ago, Cape Coral, Florida, was the kind of market where houses sold before the sign hit the yard. Buyers from New York, New...

Stocks & Wall Street

AMD surged 18.6% in a single day after AI chip revenue hit $5.8 billion — while Coinbase lost $394 million as crypto trading collapsed

Advanced Micro Devices jumped 18.6% on May 6, 2026, after the chipmaker reported that quarterly revenue from its AI-focused data center business reached $5.8 billion....

Budgeting & Saving

Class of 2026 graduates expect to earn $80,000 — their actual average starting salary is $56,153

Ask a college senior what a typical new graduate earns, and odds are they will land close to the right number. Ask that same senior...

IRS & Enforcement

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

Millions of Americans paid late-filing penalties, late-payment penalties, or interest charges to the IRS during the early months of the COVID-19 pandemic. Now, an independent...

IRS & Enforcement

Tens of millions of taxpayers may qualify for IRS refunds from COVID-era penalties — the deadline to file Form 843 is July 10, and it can only be mailed on paper

A penalty of $500 here, $1,200 there. During the worst of the COVID-19 pandemic, the IRS kept its automated penalty machine running even as its...

Economy & The Fed

Kevin Warsh’s Fed chair vote hits the Senate floor May 11 — four days before Powell’s term expires — and it was the first fully partisan committee vote for a Fed chair in history

No Federal Reserve chair nominee has ever reached the Senate floor on a purely partisan vote. Kevin Warsh is about to be the first. On...

Credit & Debt

Credit card debt just crossed $1.33 trillion — and the average APR is 21.52% for anyone carrying a balance

Carry a $5,000 credit card balance for a year at today’s rates and you will hand your bank more than $1,000 just in interest. Not...

Cost of Living

Gas hit $4.50 nationally — up 50% since the Iran war started — and the average household is now spending $380 a month just on fuel

Maria Gonzalez fills up her Honda CR-V twice a week. The home health aide drives roughly 80 miles a day across suburban Houston visiting patients,...

Cost of Living

Spirit Airlines executives are requesting $10.7 million in “retention bonuses” — while 17,000 workers just lost paychecks and health benefits

Spirit Airlines’ last flight touched down weeks ago. The planes are being auctioned. Roughly 17,000 employees, from flight attendants and gate agents to pilots and...

Fraud & Scams

One in five Americans was hit by financial fraud last year — total losses reached $84 billion, and only $21 billion was recovered

About 50 million American adults lost money to financial fraud in 2024, according to the Federal Reserve’s annual Survey of Household Economics and Decisionmaking (SHED). That...

IRS & Enforcement

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

Millions of Americans were hit with IRS penalties during the COVID-19 pandemic. Now, the federal government may owe them money back. But there is a...

Markets & Investing

I bonds just reset to 4.26% — the highest rate since October 2023 — and the 0.90% fixed rate locks in for 30 years

The Treasury announced on May 1, 2026, that Series I savings bonds now carry a 4.26% annualized composite rate, a notable jump that makes the...

Government & Policy

Trump shrugged when asked about $4.48 gas — “for a little while,” he said — as Republicans warn high prices could cost them the midterms

On April 23, 2026, the national average price of a gallon of regular gasoline hit $4.48, according to AAA’s daily fuel tracker. That same afternoon,...

Social Security & Medicare

Social Security’s 2.8% COLA added $56 a month — but after the Medicare Part B hike to $203, retirees kept just $38 of it

Six months into 2026, most retired workers have had time to notice what their 2.8% Social Security raise actually looks like in their bank accounts....

Credit & Debt

Credit card debt hit $1.33 trillion — and 55% of cardholders say they’re carrying balances just to cover gas and groceries

Somewhere between the egg aisle and the gas pump, millions of Americans quietly crossed a line: they stopped paying off their credit cards each month...

1 … 239 240 241 242 243 … 258