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
Gas prices up 33% year-over-year — why your $4.12/gallon is now the #1 financial worry for 86% of Americans
The last time Sarah Mendez filled up her Honda CR-V in suburban Dallas, she watched the pump tick past $55 and kept climbing. A year...
Amazon inks $11.6B Globalstar deal to power satellite internet ambitions
Amazon just made its most expensive bet yet on satellite internet. The company announced an all-cash-and-stock deal to acquire Globalstar, the satellite communications firm, for...
Survey: 62% of shoppers say they’re spending more on groceries
A bag of groceries that cost $100 before the pandemic now runs about $130. American shoppers do not need a chart to know that, but...
Pentagon says Iran war cost $18B, seeks $200B more from Congress
WASHINGTON – The Pentagon is asking Congress to approve roughly $200 billion in emergency war funding for its military campaign against Iran, a request that...
U.S.-Iran peace talks in Pakistan end without a deal after 21 hours
ISLAMABAD, Pakistan – Twenty-one hours of face-to-face negotiations between American and Iranian delegations collapsed early Sunday without an agreement, plunging a fragile ceasefire into uncertainty...
Gas prices jump 21.2% in March, biggest monthly rise since 1967
American drivers got walloped at the pump in March 2026. Gasoline prices surged 21.2% in a single month, the sharpest spike since the Bureau of...
Oracle cuts up to 30,000 jobs, outlining $2.1B restructuring plan
Oracle is cutting as many as 30,000 jobs worldwide as it funnels billions into cloud computing and artificial intelligence, making it one of the largest...
Block cuts about 40% of staff as company shifts spending to AI
Block Inc. is eliminating roughly 4,000 jobs, slashing about 40% of its workforce in one of the largest AI-justified layoffs the technology industry has seen....
Tech layoffs near 99,000 in 2026 so far, TrueUp tracker shows
Barely three months into 2026, the tech industry has already cut close to 99,000 jobs, according to the layoff tracker maintained by TrueUp, a startup-focused...
Trump orders U.S. naval blockade of the Strait of Hormuz
At 10 a.m. EDT on April 13, 2026, U.S. warships began enforcing a naval blockade of Iranian ports and coastal areas along the Strait of...
AAA: U.S. gas price average hits $4.12 a gallon
Filling up the family car just got noticeably more expensive. The national average price of regular gasoline has climbed to $4.12 per gallon, according to...
Inflation’s hidden cost: rising prices steadily erode idle cash
A family that deposited $10,000 into a standard checking account in January 2021 still sees $10,000 on the statement today. But that balance is a...
Stagnant wages and high costs leave many Americans falling behind
On a Saturday morning in April 2026, a home health aide in suburban Atlanta opens her banking app and stares at the number. After taxes,...
Reading a CPI report to see what inflation really means for your bills
On April 10, the Bureau of Labor Statistics published its Consumer Price Index report for March 2026, and within minutes the number that landed on...
DOGE touts $160B saved; report estimates $135B in added costs
The Department of Government Efficiency has a number it wants Americans to remember: $160 billion. That is how much DOGE says it has saved taxpayers...
Amazon says custom chip business tops $20B annual revenue run rate
Amazon’s in-house chip operation now generates more than $20 billion a year in cloud compute revenue, a run rate that surpasses the entire data-center businesses...
Strait of Hormuz stays largely shut despite U.S.-Iran ceasefire
The two-week ceasefire between the United States and Iran was supposed to reopen the Strait of Hormuz. Five days in, the waterway that carries roughly...
It now costs over $310,000 to raise a child in America: a full cost breakdown by age
Raising a child in the United States has never been inexpensive, but the price tag facing parents today is far higher than many realize. The...
Grocery prices are still rising at 2.5% in 2026 despite overall inflation slowing to 2.4%
Inflation in the U.S. economy has cooled from the highs seen earlier in the decade, but grocery shoppers are still facing steady price increases. Even...
Trump announces 2-week Iran ceasefire tied to Hormuz reopening
For weeks, the White House cycled through threats, deadlines and last-minute reversals over Iran. On Monday, President Donald Trump landed on something concrete: a two-week...