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
Ground beef averaged $6.92 a pound in August, up about 60 cents
Ground beef cost an average of $6.92 a pound in August, about 60 cents more than the $6.32 it averaged a year earlier, according to...
Electricity averages 19.6 cents a kilowatt-hour and natural gas $1.71 a therm heading into winter, BLS says
At 19.6 cents a kilowatt-hour for electricity and $1.71 a therm for piped natural gas, the average U.S. household energy rates in August were higher...
Car repair bills climbed 5.2% in a year while auto insurance fell 5.1%
Maintaining and repairing a motor vehicle cost 5.2% more in August than a year earlier, while the Consumer Price Index for motor vehicle insurance stood...
Airfares are up 23.4% from a year ago as holiday booking season begins
Applied to a $500 round trip, the 23.4% rise that the Bureau of Labor Statistics measured in airline fares over the 12 months to August...
Texas gets $51 million for 68 rural hospital districts and South Dakota $13 million for crisis care under Trump’s rural health fund
Texas is receiving $51 million for 68 rural hospital districts and authorities, and South Dakota $13 million for a 24/7 mobile crisis response service, in...
Christmas ornaments, fireworks and soccer balls are on a list of 77 Chinese goods recommended for lower U.S. tariffs under Trump’s China deal
Fireworks, tableware, dolls, puzzles, glass and wooden Christmas ornaments and soccer balls are among 77 categories of Chinese goods that the two governments have recommended...
Premium gas averages $5.36 a gallon, up $1.38 from a year ago
Premium gasoline averaged $5.3625 a gallon nationwide on Sept. 28, according to AAA, up $1.38 from the $3.9805 recorded a year earlier. Regular unleaded, the...
Heating oil now costs 52% more than a year ago, at $5.15 a gallon
Heating oil averaged $5.15 a gallon in August, according to the Bureau of Labor Statistics, and the consumer price index for fuel oil stood 52%...
Trump’s fuel-economy rule will cut the average new car’s price by $1,300, his Transportation Department says
A $1,300 cut in the average new vehicle’s price is the central promise of the fuel-economy rule the Transportation Department finalized on Sept. 28, alongside...
The gas industry puts the average natural-gas heating bill at about $497 for November through March
The American Gas Association puts the average household’s natural-gas heating bill at about $497 for November through March this year, a figure the trade group...
Car incentives shrank to 6.5% of the average transaction price in August, down from 7.2% a year earlier
Automakers spent 6.5% of a new vehicle’s average transaction price on incentives in August, down from 6.6% in July and from 7.2% in the same...
Electric vehicles now cost 9.4% more than gas cars on average, down from 16% a year ago, Kelley Blue Book says
A new vehicle powered by a battery now costs 9.4% more on average than one with a gasoline engine, down sharply from a 16% premium...
ESPN’s streaming app now costs $13.99 a month for Select and $31.99 for Unlimited
A monthly ESPN Select subscription now costs $13.99, and ESPN Unlimited costs $31.99, according to ESPN’s own pricing page, up from $12.99 and $29.99. The...
Disney raised its ad-supported Disney+ and Hulu plans to $12.49 a month
Disney’s ad-supported Disney+ and Hulu plans each rose fifty cents this week, from $11.99 to $12.49 a month, the fourth time in the streaming era...
The gas industry says natural-gas heating costs will fall 14% this winter, while energy-assistance directors forecast a 5.8% rise
Two organizations are describing the same winter in opposite terms. The American Gas Association forecasts natural-gas heating costs will fall 14 percent this season, while...
A federal court permanently blocked USDA from penalizing states over SNAP guidance on some lawfully residing immigrants
A ruling issued September 17 by the U.S. District Court for the District of Oregon vacated a year-old USDA guidance memo that had cut some...
The Senate’s veterans’ COLA bill has 15 original cosponsors but has not moved since May 11
Fifteen senators, split across both parties, signed on as original cosponsors when Sen. Jerry Moran introduced a bill in May to raise veterans’ disability compensation...
Trump administration agrees to rescind its shutdown layoff policy after unions challenged about 4,200 federal layoff notices
About 4,200 federal Reduction-in-Force notices went out this fall under a policy that treated layoffs as exempt from ordinary shutdown rules, and the Trump administration...
TrumpRx lists a fertility drug at $1,450 a pen in the U.S., against $310 in Germany
Two prices for the same fertility drug sit side by side on TrumpRx.gov: a $1,450 pen of Gonal-F for a buyer in the United States,...
The bill that sets veterans’ 2027 disability raise has not passed the House or Senate, though the increase is meant to start December 1
A bill that would raise veterans’ disability compensation for 2027 has cleared neither the House nor the Senate, even though the increase it authorizes is...