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
9.3 million older homeowners qualify for property-tax relief; only 8% claim it.
Millions of older Americans who own their homes are leaving property-tax relief on the table. Custom estimates drawn from federal survey microdata indicate that roughly...
California will stop streaming services from blasting ads louder than the show itself.
Streaming viewers in California who have scrambled for the remote every time a blaring ad interrupted their show just got a legislative fix. Governor Gavin...
Nearly 60% of eligible seniors skip SNAP, leaving an estimated $9.48 billion in food benefits unclaimed every year.
More than half of older Americans who qualify for federal food assistance never receive it. In fiscal year 2019, just 48 percent of eligible adults...
Regulators recalled “Diablo Rising” fireworks that can explode and burn users before July 4.
Bada Boom Fireworks is pulling its Pyro Diablo “Diablo Rising” 9 Shots aerial device, model PD-C5001, from the market after the U.S. Consumer Product Safety...
A new veterans bill in Congress would cut disability pay for up to 1.5 million veterans to help fund a benefit for the combat-injured.
Up to 1.5 million veterans could see their disability compensation reduced under a bill that pairs those cuts with an expanded benefit for combat-injured military...
321,000 Wyze solar security cameras are being recalled after six caught fire or exploded and burned their owners.
Six owners of Wyze solar security cameras suffered burns after their devices caught fire or exploded, prompting a federal recall of roughly 321,360 units sold...
California will require chain restaurants to list major allergens on their menus
Millions of Californians who manage food allergies will soon get a new layer of protection when eating at chain restaurants. Starting July 1, 2026, food...
LIHEAP helps lower-income households pay heating and cooling bills, yet many who qualify never apply
More than one in four U.S. households reported difficulty paying for energy in 2020, yet the main federal program designed to help covers only a...
The Education Department has paused wage garnishment and tax-refund seizures for defaulted student-loan borrowers while it rolls out a new plan
Federal student-loan borrowers in default will not face wage deductions or tax-refund seizures while the U.S. Department of Education prepares to launch new repayment options....
$95 billion in rate increases is being sought by utilities across 49 states, as home power bills rose 10.2% in a year
Households across nearly every U.S. state face the prospect of sharply higher electricity costs as utilities press regulators to approve what amounts to $95 billion...
Fresh vegetables cost about 12% more than a year ago, among the fastest-rising items at the grocery store
American grocery shoppers are paying sharply more for fresh vegetables than they did a year ago, with prices climbing approximately 11.9% between May 2025 and...
More than 1 million older adults aged 55 to 64 are projected to lose food stamps as new SNAP work rules raise the age limit
More than 1 million adults between the ages of 55 and 64 face the loss of their food assistance benefits as expanded work requirements under...
Trump’s promised $2,000 tariff “dividend” checks aren’t coming, analysts say, with no law passed and the odds near zero
Americans waiting for $2,000 tariff “dividend” checks from the federal government will not receive them. No law authorizing the payments has passed Congress, the Supreme...
Starting January 2027, Medicaid will require many adults to work or volunteer 80 hours a month to keep their coverage
Starting in January 2027, many low-income adults on Medicaid will have to document at least 80 hours a month of work, school, or community service...
Kroger says it will make its biggest grocery price cuts in years to compete with Walmart and Costco
Kroger plans to cut prices on thousands of grocery items in what the retailer calls its broadest reductions in years, a direct bid by CEO...
An estimated 5.3 million more people could become uninsured as Medicaid adds work requirements
Millions of adults who currently receive Medicaid coverage face the prospect of losing it under a new federal rule that ties eligibility to monthly work...
Who pays more now that Obamacare’s enhanced subsidies have lapsed? Households earning above four times the poverty line lose help entirely
Millions of Americans who earned above 400 percent of the federal poverty line just lost their Affordable Care Act premium subsidies entirely. Congress temporarily removed...
Costco is raising its Executive membership to $130 and its Business tier to $65 this year
Costco Wholesale will charge $130 for Executive memberships and $65 for Gold Star and Business memberships in the United States and Canada starting Sept. 1,...
Beef now costs nearly 13% more than it did a year ago
American grocery shoppers are paying sharply more for beef than they were a year ago, with prices climbing 12.9 percent between May 2025 and May...
California is swapping confusing “sell by” dates for clear “use by” labels to curb wasted groceries
Starting July 1, 2026, food sold in California will no longer carry consumer-facing “sell by” dates. Instead, products manufactured on or after that date must...