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
Google is paying $630 million to anyone who used Google Play between 2016 and 2023 — no claim needed, payouts go out automatically through PayPal or Venmo
Google is paying $630 million to anyone who used Google Play between 2016 and 2023 – no claim needed, payouts go out automatically through PayPal...
A new federal Equal Credit Opportunity rule takes effect July 21 — lenders that deny credit must give the exact reason in plain language, not boilerplate codes
You apply for a credit card. A few days later, a letter arrives: “Application denied. Failed to achieve a qualifying score.” No further detail. No...
ACA enhanced subsidies expired January 1 — premium payments for 22 million enrollees just doubled, adding $1,016 a year to the average household’s health bill
On the first Monday of January, millions of Americans opened their health insurance bills and found a number they didn’t recognize. Across the 22 million...
Big banks must now hand your full account history to a rival bank in minutes for free — a CFPB open banking rule that just took effect April 1
Switching banks has always been a hassle, and Maria Torres knows it firsthand. The Chicago-based freelance graphic designer spent the better part of a weekend...
Many states erase part or all of a home’s property tax for seniors, veterans, and disabled owners — but the break only applies if you file for it
Every year, homeowners across the country leave real money on the table because they never filed a single form. In Texas, a homeowner who turns...
A federal program covers part of your heating and cooling bills — LIHEAP pays the average household a few hundred dollars, yet most who qualify never apply
Somewhere in Ohio right now, a retired couple is deciding whether to turn the thermostat down to 58 degrees or skip a prescription refill. Somewhere...
A federal law now bans surprise bills for out-of-network emergency care — but hospitals still send them, and you can refuse to pay the difference
According to a 2024 Consumer Financial Protection Bureau report, millions of Americans have faced unexpected medical bills after emergency room visits, even when they carried...
Many states will knock hundreds off your property-tax or rent bill through a “circuit breaker” rebate — but you have to file, and most never do
A 70-year-old renter in Springfield, Missouri, paying $900 a month could get back up to $1,100 from the state this year. A retired homeowner in...
Hotels, ticket sites, and rentals must now show the full price up front — a new federal rule banning the surprise “resort” and “service” fees that pad your bill
A $199 hotel room that actually costs $274 after a “resort fee” and an “amenity charge” get tacked on at checkout. A $95 concert ticket...
Most homeowners never challenge their property-tax assessment — yet a large share of appeals win, and the average successful one trims hundreds off the annual bill
The notice arrives in the mail, usually in spring: your county’s official opinion of what your home is worth, and by extension, what you owe...
DOGE staff copied 300 million Americans’ Social Security records into an unsecured cloud — the largest exposure of the nation’s most sensitive data ever reported
Brittany Borges spent years inside the Social Security Administration helping protect the personal records of hundreds of millions of Americans. When she resigned in May...
Companies must now make canceling a subscription as easy as signing up — a federal “click to cancel” rule aimed at the auto-renewals quietly draining your bank account
Last fall, a Reddit thread titled “Why does it take 47 clicks to cancel but one to subscribe?” collected more than 12,000 upvotes in a...
One in six American households is now behind on its utility bills — and the nation’s unpaid energy debt is on track to hit a record $23 billion this year
When the thermostat hits 95 degrees in a poorly insulated apartment, the arithmetic is brutal: run the window unit and fall further behind on the...
Even IKEA is cutting 850 jobs as shoppers pull back on big-ticket buys — a sign the slowdown is now hitting store aisles, not just tech offices
Inter IKEA, the company that owns and licenses the IKEA brand worldwide, announced in May 2026 that it will cut 850 positions across its global...
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...