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The Money Overview

Money in the News

Trending and breaking stories with a financial angle. This category covers the headlines that affect people’s wallets, from government policy shifts and cost of living changes to corporate upheaval and the financial side of technology. This is what keeps The Money Overview current with the broader news cycle.

Latest in Money in the News

Government & Policy

Veterans’ Group Life Insurance stops collecting premiums for three months from November 1, worth an average $330 each

Veterans’ Group Life Insurance will stop collecting premiums for three months starting November 1, 2026, under a premium holiday that the Department of Veterans Affairs...

Government & Policy

The VA reported 670,845 claims pending and 74,448 of them past 125 days on September 28

The Department of Veterans Affairs reported 670,845 claims pending on September 28, and 74,448 of them had been waiting more than 125 days. The inventory...

Government & Policy

The new mandatory Medicare drug rule benchmarks Part B prices against 19 foreign countries and lets drugmakers pick one of two methods

What Medicare Part B pays for certain drugs will be measured against prices in 19 other countries under a rule the Centers for Medicare &...

Government & Policy

More than seven months after the tariffs fell, the refund paperwork is still out for comment until November 4

Customs and Border Protection is still taking public comment, until November 4, 2026, on the paperwork behind the court-ordered tariff refunds, more than seven months...

Government & Policy

Texas would still let food-stamp shoppers buy naturally sweetened and medical-grade electrolyte drinks under its proposed ban

Texas’s amended SNAP demonstration project would bar sweetened drinks and candy from purchase with benefits, but the state’s own request spells out two kinds of...

Government & Policy

The Tariff Refund Act would refund $1,700 on a joint return and nothing above $400,000

H.R. 9768, the Tariff Refund Act of 2026, would treat certain tariff revenue as an overpayment of tax and would refund $1,700 on a joint...

Government & Policy

States must run Medicaid’s 80-hour monthly work requirement by January 1, and a person who falls short gets 30 days to fix it

January 1, 2027 is the latest date on which a state may start running Medicaid’s new community-engagement requirement, which asks expansion adults aged 19 to...

Government & Policy

Medicare’s $90 payment is followed by an email or a letter from the President in mid-October, according to the agency’s own fact sheet

The paper trail of the $90 Medicare rebate has three parts, and the Centers for Medicare & Medicaid Services describes all of them in its...

Corporate Shakeups

Amazon’s return settlement sends 92.7 percent of the net fund to shoppers who never file a claim form

Amazon’s $309.5 million return-policy settlement splits its net fund between two groups of shoppers, and the larger group has nothing to file. Settlement Subclass A...

Government & Policy

Veterans, homeless adults and former foster youth lost their food-stamp work exemption under the 2025 law

Veterans, people experiencing homelessness and adults aged 24 or younger who were in foster care on their 18th birthday lost a shield from the SNAP...

Cost of Living

Mercer says employers expect health benefit costs per employee to rise 8.2% in 2027, the steepest since 2003, with two-thirds of large employers shifting more premium to workers

Mercer’s 2026 National Survey of Employer-Sponsored Health Plans, issued through Marsh, finds that employers expect the total health benefit cost per employee to rise 8.2%...

Government & Policy

USDA’s own waiver table lists 23 states for SNAP soda and candy limits, four of them vacated by a federal court in June

The roster of states approved to bar soda and candy from SNAP purchases now runs to 23 rows on a single federal page, but the...

Government & Policy

SNAP’s standard deduction runs to $614 for larger households in Guam and $371 in Alaska, against $191 for the smallest Virgin Islands households

The Supplemental Nutrition Assistance Program (SNAP) standard deduction for fiscal year 2027 reaches $614 for larger households in Guam, $371 for Alaska households of one...

Government & Policy

SNAP’s gross income limit for one person is $2,162 a month in Alaska

Alaska households applying for the Supplemental Nutrition Assistance Program (SNAP) from October 1, 2026 face a gross monthly income ceiling of $2,162 for a single...

Government & Policy

USDA’s own October example runs a two-person senior household down to $424.50 in countable net income before the 30% food benefit formula applies

The U.S. Department of Agriculture (USDA) publishes a worked SNAP example in which a two-person senior household with $1,200 in monthly gross income ends up...

Government & Policy

The stopgap that funds the government to December 11 sets aside $130,191,781 for homeless-veteran housing services and $236,713 for rural veterans’ mental health

Two small lines in a continuing appropriations law show how veterans programs are kept running while Congress postpones its larger budget fight. Public Law 119-103...

Government & Policy

Customs opens phase three of its tariff refund process for importers October 6, after the Supreme Court ruled the emergency law Trump used does not authorize tariffs

U.S. Customs and Border Protection (CBP), the agency commonly called Customs, is scheduled to open phase three of its tariff refund process on October 6,...

Cost of Living

Listed Canadian alcohol products have carried an additional 50% duty since September 15

A 50% additional duty has applied since 12:01 a.m. eastern time on September 15, 2026, to listed Canadian alcohol products entering the United States, under...

Government & Policy

The White House said all 50 state Medicaid programs would benefit from lower drug prices, while CMS counted 40 states and Puerto Rico signed as of September 18, ahead of its September 30 deadline

On September 18, 2026, the White House announced lower drug prices for all 50 state Medicaid programs, and the Centers for Medicare & Medicaid Services...

Government & Policy

Treasury and the IRS expect the new school-choice tax credit to support 600 to 700 scholarship organizations by 2030, drawing more than 11 million donors

Treasury and the IRS project that the new school-choice tax credit could support 600 to 700 scholarship-granting organizations (SGOs) by 2030, with more than 11...

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