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Tyler Foster

Latest Articles by Tyler Foster

Stocks & Wall Street

Three-year Treasury notes sold October 6 at a 4.932 percent yield

Treasury sold $58 billion of three-year notes on Tuesday, October 6, at a high yield of 4.932 percent, the highest of the ten monthly three-year...

Fraud & Scams

Prosecutors charged a Vietnamese national with laundering about $53.3 million in pig-butchering money

Federal prosecutors in Kansas City have charged Trung Nguyen Van, 37, a Vietnamese national, with laundering money from pig-butchering scams. The complaint says his cryptocurrency...

Fraud & Scams

Eleven people were sentenced for grabbing credit union members’ phones to reach their bank accounts

Eleven people have been sentenced to prison terms ranging from four months to three years and six months for a scheme in which fraudsters approached...

Fraud & Scams

A Jamaican sweepstakes caller who targeted at least 115 elderly victims got 36 months

A federal judge in South Carolina sent a Jamaican man to prison for 36 months for phoning elderly Americans with news that they had won...

Credit & Debt

Nonrevolving consumer credit grew at a 4.1 percent annual rate in August, the Federal Reserve’s October 7 report shows

Nonrevolving consumer debt, the category that holds car and student loans, grew at a seasonally adjusted annual rate of 4.1 percent in August, the Federal...

Credit & Debt

A five-year new-car loan from a commercial bank averaged 7.54 percent in August and a two-year personal loan 11.90 percent, the Federal Reserve reports

A five-year new-car loan from a commercial bank carried an average rate of 7.54 percent in August, the Federal Reserve reported October 7, up from...

Mortgages & Rates

Fed officials said mortgage rates rose more than 10-year Treasury yields and home-purchase borrowing stayed depressed, minutes released October 7 show

Residential mortgage rates rose a bit more than 10-year Treasury yields, and borrowing for home purchases remained depressed, according to minutes of the Federal Reserve’s...

Market Trends

Foreclosure starts ran 29 percent above a year earlier in August, and 89,000 more homes are in active foreclosure than last year, ICE data show

Lenders began foreclosure on far more homes in August than they did a year earlier, even though the pace eased from July. Intercontinental Exchange (ICE),...

Social Security & Medicare

Medicaid expansion adults with incomes above the poverty line will owe cost sharing starting October 1, 2028, South Dakota’s Medicaid agency says

South Dakota’s Department of Social Services says Medicaid expansion enrollees with income above 100% of the federal poverty level will have cost shares starting October...

Cost of Living

USDA says Trump’s dyed-diesel order should mean about $640 million in combined federal and state savings for farmers and ranchers across 224.6 million harvested acres

Agriculture Secretary Brooke Rollins said on October 5 that President Donald Trump’s new dyed-diesel order should save farmers and ranchers about $640 million in combined...

Mortgages & Rates

Mortgage refinance applications fell 8 percent in a week to their lowest level since 2025, and the MBA says very few homeowners have an incentive to refinance

“Very few homeowners have an incentive to refinance at these rates,” Joel Kan, deputy chief economist at the Mortgage Bankers Association, said in the group’s...

Insurance & Protection

Nine federal employee health plans, including four Health Net of California options, will not be offered in 2027, and enrollees who do not switch go into Compass Rose Standard

Four of the nine federal employee health plan options that will not be offered in 2027 belong to Health Net of California, the Office of...

Social Security & Medicare

Veterans with a VA-determined total disability are exempt from Medicaid’s 80-hour monthly work requirement, Pennsylvania’s Medicaid agency says, ahead of the January 1, 2027 start

Pennsylvania’s Medicaid agency lists veterans with a VA-determined total disability among the groups exempt from the state’s new Medicaid work requirement, which starts January 1,...

Mortgages & Rates

The average 30-year mortgage rate in the Mortgage Bankers Association survey hit 7.49 percent, its highest in almost three years, as applications fell

The average rate on a 30-year fixed mortgage reached 7.49 percent in the week ending October 2, according to the Mortgage Bankers Association’s weekly survey,...

Stocks & Wall Street

Former WWE shareholders would be paid automatically from a $147.5 million settlement with Vince McMahon and others if a Delaware judge approves it November 30

Former WWE shareholders would receive money automatically, with no claim form, from a $147.5 million cash settlement with Vince McMahon and four other defendants, but...

Social Security & Medicare

Social Security recipients paid on the 3rd, including people who claimed before May 1997, get November money on Tuesday, November 3 and December money on Thursday, December 3

Social Security recipients who are paid on the 3rd get their November payment on Tuesday, November 3 and their December payment on Thursday, December 3....

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