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
The burger on your next restaurant receipt is about to cost more — McDonald’s and Chipotle both warn beef prices will climb again this year
A McDonald’s Big Mac now runs between roughly $5.50 and $6.50 in most U.S. markets, according to franchise menu boards (McDonald’s does not publish a...
Your morning coffee costs 18% more than a year ago and ground beef just hit a record $6.90 a pound — even as overall grocery inflation cools to about 3%
The receipt tells the story before the government data does. A pound of ground beef at the average American supermarket now runs about $6.90, the...
Soaring property taxes and insurance are pricing retirees out of the Sun Belt — the very Florida and Texas hubs they moved to a decade ago for cheaper living
In 2014, a three-bedroom ranch house near Fort Myers, Florida, could come with an annual homeowners insurance bill around $1,800 and a property-tax tab under...
AI data centers are driving the biggest jump in U.S. electricity demand in decades — and several states are already raising household power bills to pay for it
When Maryland’s Office of People’s Counsel published its breakdown of rising electricity rates earlier this year, the culprit it identified was not extreme weather, not...
The U.S. Mint just made its last penny — and cash purchases now round to the nearest nickel, a quiet change that adds up at the register
The final one-cent coin rolled off the press at the Philadelphia Mint on a Monday morning in late May 2026. U.S. Treasurer Chief Marilynn Malerba...
The Supreme Court is weighing whether Trump can fire Federal Reserve governors — a ruling that could hand the White House direct control over your mortgage and savings rates
When Federal Reserve Governor Lisa Cook cast her vote on interest rates earlier this year, she helped set the borrowing cost on roughly $13 trillion...
Millions are now typing bank balances and logins into ChatGPT’s new money tools — and researchers found 4% of all AI prompts already leak sensitive personal data
Somewhere today, a corporate accountant will paste a spreadsheet of quarterly revenue figures into ChatGPT. A gig worker will upload three months of bank transactions...
Egg prices have crashed back to about $2 a dozen — a rare grocery win as bird flu eases, even while beef and coffee keep setting records
A dozen large eggs cost about $2.12 in April 2026, according to the Bureau of Labor Statistics average price series, with some regional markets still...
Tariffs are costing the average household about $2,500 a year — even as $35 billion in refunds flows back to the corporations that paid the very same tariffs
A new washing machine at Lowe’s costs about $80 more today than it did before the current tariff regime took hold. A set of all-season...
Chocolate now costs more than double what it did in 2024 and orange juice is up 28% — tariffs and bad weather are quietly wrecking the breakfast aisle
A standard chocolate bar that cost $1.79 two years ago now runs well over $4 at many supermarkets. A half-gallon of not-from-concentrate orange juice that...
Southwest just raised its first checked-bag fee to $45 — a 28% jump it blames on the Iran war, a year after killing the free bags that made it Southwest
A family of four flying Southwest Airlines this summer and checking one bag each will pay $360 in round-trip baggage fees. Thirteen months ago, that...
Cloudflare, Upwork, and payments firm Bill each cut up to a third of their staff this month — pushing 2026’s AI-driven layoffs past 70,000 workers
In a single day, more than 2,000 tech workers learned their jobs were being restructured out of existence. On May 7, 2026, Cloudflare, Upwork, and...
Beef hit a record $12.74 a pound as the U.S. cattle herd shrank to its smallest since the 1960s — and the USDA expects another 10% jump by fall
Americans are now paying $12.74 per pound for uncooked beef at the grocery store, the highest average price the Bureau of Labor Statistics has recorded...
Airfares are actually cheaper this Memorial Day than last year — the rare corner of travel that got more affordable while gas, hotels, and rental cars all climbed
A round-trip flight from Chicago to Fort Lauderdale over Memorial Day weekend is running roughly $40 to $60 less than the same trip cost a...
You now need to earn $127,000 a year to afford the median U.S. home — up from $79,000 before the pandemic, pricing out half of all households
Six years ago, a household earning $79,000 could qualify for a mortgage on a median-priced home in the United States. That was the math in...
A new federal “debanking” rule takes effect June 9 — after that, your bank can no longer close your account over your politics or your industry
A new federal “debanking” rule takes effect June 9 — after that, your bank can no longer close your account over your politics or your...
Meta lays off thousands today and reassigns 7,000 survivors to build AI — the same technology it says made their old jobs unnecessary
Meta began cutting roughly 8,000 jobs on May 20, 2026, and simultaneously ordered about 7,000 remaining employees to transfer into artificial intelligence teams, executing one...
A record 45 million Americans will travel this Memorial Day weekend — but 40% of households earning under $66,000 can’t afford a single trip
Somewhere around 45 million Americans are expected to pack cars, fill airport terminals, and crowd train platforms this Memorial Day weekend, according to AAA’s holiday...
Walmart, Target, and Nike collect billions in tariff refunds this week — while 330,000 small businesses that paid the same tariffs are still waiting
When U.S. Customs and Border Protection flipped the switch on its new tariff refund portal on April 20, 2026, the largest importers in the country...
The CFPB just rolled back its fair-lending rule — banks can no longer be punished for “disparate impact” unless intent is proven, gutting a decades-old check on bias
In 2013, the CFPB and the Department of Justice ordered Ally Financial to pay $98 million after finding that its auto-loan pricing consistently charged Black,...