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
Food stamps still guarantee a $25 monthly minimum for the smallest households after the October update
The smallest households on the Supplemental Nutrition Assistance Program will keep their guaranteed monthly floor, and see it rise by a dollar, when the U.S....
Medicaid must recheck millions of adults’ eligibility twice a year starting in 2027
Millions of Medicaid enrollees in the program’s expansion group are about to have their eligibility checked twice as often. A federal policy letter from CMS...
Pregnant women, caregivers and disabled adults stay exempt from Medicaid’s new work requirement
A Medicaid work requirement taking effect no later than January 1, 2027 will not reach every adult in the program’s expansion group. The same interim...
Medicaid’s new 80-hour-a-month work rule reaches adults up to age 64 and lands by January 1
The Centers for Medicare & Medicaid Services issued a rule in June requiring most states to enforce a new Medicaid work requirement no later than...
Food-stamp shoppers in five states can buy soda and candy again after a court tossed the ban
Grocery-store checkout rules for food-stamp shoppers in five states flipped back in June, after a federal judge ruled that the U.S. Department of Agriculture had...
The 2025 law ended food-stamp work exemptions that once protected homeless adults
People experiencing homelessness once had one less hurdle to clear to keep their food assistance: a blanket exemption from SNAP’s work-hour rule that Congress built...
Former foster youth who aged out at 18 lose their food-stamp work exemption under the 2025 law
A safety-net exemption created for one of the most vulnerable groups on food assistance has disappeared under a 2025 law overhauling federal work rules. Young...
TrumpRx now sells discounted drugs like Ozempic directly, mostly to cash and Medicaid buyers
A year after President Trump announced his first pharmaceutical pricing deal in the Oval Office, the discount website built from that push, TrumpRx.gov, is live...
Customs has cleared up to $128.68 billion in tariff refunds, but the money goes to importers, not households
U.S. Customs and Border Protection has accepted roughly $128.68 billion in tariff refund claims for processing since the Supreme Court struck down a set of...
Adults up to age 64 must now work 80 hours a month to keep their food stamps
A federal work rule that used to end at age 54 now reaches all the way to 64. Under a 2025 law that rewrote parts...
Grocery prices climbed 2.7% over the year, with beef rising and eggs the rare item falling
Grocery prices were 2.7 percent higher this July than a year earlier, according to the U.S. Department of Agriculture’s latest food price data, and the...
CMS is letting small-business workers buy their own coverage through rebranded ICHRA accounts
Federal health officials gave a familiar small-business benefit a new name this month, and with it a fresh push to get more employers using it....
Rite Aid has vanished as a chain, and its prescriptions moved to CVS and other pharmacies
Rite Aid, a chain that once ran more than 4,000 stores, no longer exists as an operating pharmacy company. Its own website has announced that...
Kroger and FedEx confirmed fresh layoffs this month as hiring cools into fall
Public WARN Act filings show FedEx and Kroger both moving ahead with job cuts that take effect this month, adding two familiar names to a...
U.S. layoffs reached 210,741 workers through mid-September, with AI cited in nearly half
Layoff tracking site SkillSyncer counted 383 separate job-cut events across the U.S. economy through September 17, affecting 210,741 workers, an average of about 811 job...
Oracle cut about 2,500 jobs on September 15, some locked out of Slack before the layoff email
Oracle laid off roughly 2,500 employees on September 15, and for many of them the news arrived as a locked screen before it arrived as...
Abbott will pay more than $384 million to settle claims over infant formula billed to Medicaid and WIC
Abbott Laboratories, the Illinois-based healthcare company that manufactures and sells infant formula and nutritional therapy products, agreed to pay $384,999,040 to settle federal and state...
The enhanced Obamacare subsidies that lowered premiums since 2021 have expired, and Congress has not renewed them
The enhanced premium tax credits that had lowered Affordable Care Act marketplace premiums for millions of households since 2021 expired at midnight on December 31,...
About 725,000 people earning just above the subsidy cliff lost Obamacare help for 2026
An estimated 725,000 people who bought Affordable Care Act marketplace coverage in 2025 earned just enough to sit between 400% and 500% of the federal...
Hawaii is the one place where SNAP benefits shrink this October instead of growing
Every SNAP jurisdiction in the country gets a raise on October 1 except one. USDA’s fiscal year 2027 cost-of-living adjustment lifts maximum food-assistance allotments in...