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
Under the Senate farm bill, states with food stamp error rates above 10 percent could pay up to 20 percent of benefits from 2030
A Senate Agriculture Committee bill would let the federal government push a much larger bill onto states that make too many mistakes issuing food stamps....
A Senate farm bill would delay states’ share of food stamp benefit costs by a year
A bill the Senate Agriculture Committee approved on September 16 would push back, by one year, a requirement forcing states to start covering part of...
More than 330,000 Americans lost food stamps in May and June alone
More than 330,000 Americans lost access to the Supplemental Nutrition Assistance Program between May and June 2026 alone, according to a Stateline analysis of state...
USPS plans holiday surcharges from October 4, adding as much as $20.80 to some Priority Mail Express packages
The U.S. Postal Service has filed a temporary peak-season price increase that would add as much as $20.80 to certain retail Priority Mail Express packages...
Arizona’s food stamp rolls have fallen by more than half, to about 421,000 people in June
Arizona’s food stamp rolls have been cut by more than half since July 2025, falling to about 421,000 people receiving benefits in June, according to...
A zero tariff for certain orphan, plasma and fertility drugs from 19 trading partners takes effect September 29
Beginning at 12:01 a.m. Eastern time on September 29, a zero tariff rate applies to a specific list of specialty drugs, including orphan-designated treatments, plasma-derived...
Trump’s drug-price deal could save state Medicaid programs $27.6 billion over ten years
The White House projects that its Medicaid drug-pricing deal with 26 pharmaceutical manufacturers will save federal and state governments a combined $64.3 billion over the...
Food stamp enrollment fell in every state but Alaska, a Stateline analysis found
Food stamp enrollment has fallen in every state except Alaska since the One Big Beautiful Bill Act took effect in July 2025, according to a...
The minimum food stamp benefit rises to $25 a month on October 1
USDA’s Food and Nutrition Service has set the smallest monthly SNAP payment for a one- or two-person household at $25 starting October 1, a one-dollar...
Abbott formula settlement will send Tennessee $2.35 million after a nationwide recovery
Tennessee will receive $2,349,346.04 from Abbott Laboratories’ $384.9 million settlement over infant formula and nutritional therapy products, Attorney General Jonathan Skrmetti announced on September 18....
Abbott will pay $384.9 million in a multistate infant-formula settlement
Abbott Laboratories has agreed to pay $384,999,040, or about $384.9 million, to resolve federal and state allegations that it caused government programs to pay for...
Mortgage-insurance costs are nearly 80% higher than in 2020
The insurance cost built into the typical U.S. mortgage payment is nearly 80% higher than it was at the start of 2020, according to the...
Property insurance now consumes a record $209 of the average monthly mortgage payment
Property insurance now takes a record $209 out of the average monthly single-family mortgage payment, according to the September 2026 ICE Mortgage Monitor released Sept....
VA targets Nov. 30 for legal opinion on painful-motion rule behind $45 million in underpayments
The Veterans Benefits Administration has set Nov. 30, 2026, as its target date for getting a legal opinion on how VA should apply its painful-motion...
Pennsylvania recovered nearly $600,000 in wages and damages for more than 100 brewery workers
Pennsylvania’s Department of Labor & Industry recovered $582,828 in wages and damages for 124 workers at Bald Birds Brewing Company, the agency announced on September...
A Pennsylvania brewery paid $582,828 after workers went five weeks without payroll
Bald Birds Brewing Company paid $582,828 in owed wages and liquidated damages to workers after a Pennsylvania investigation found that the brewery failed for several...
Iowa’s Meta settlement directs $68 million toward consumer and child-safety harms
Iowa will direct roughly $68 million of its $126 million Meta settlement toward the consumer and child-safety harms at the center of its lawsuit, Attorney...
Iowa is setting aside $25 million from Meta’s settlement for affected Facebook and Instagram users
Iowa Attorney General Brenna Bird said on September 14, 2026, that $25 million from the state’s $126 million share of the multistate Meta settlement will...
Illinois cut Nicor Gas’s requested rate increase by about $140 million
Illinois Attorney General Kwame Raoul’s office and consumer groups have reached a settlement that cuts about $140 million, or 63%, from the rate increase Nicor...
New Jersey Optimum customers are set for refunds and six months of free broadband
New Jersey’s Board of Public Utilities has approved a settlement requiring Optimum Communications to pay $37 refunds to cable customers who were charged for service...