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
SNAP benefits rise about 2.9% nationwide on October 1 for the new federal fiscal year
The federal government’s annual cost-of-living recalculation lands on Supplemental Nutrition Assistance Program benefits October 1, and this year’s adjustment pushes the maximum monthly allotment for...
Medicaid enrollees must prove their work hours twice a year to keep coverage in 2027
Medicaid enrollees subject to the new work requirement will not wait a full year to prove they still qualify. CMS’s June 2026 rule shifts eligibility...
Medicaid’s new 80-hour-a-month work rule takes effect by January 1 for adults 19 to 64
The Centers for Medicare and Medicaid Services issued a rule in June 2026 spelling out how Medicaid’s new work requirement will operate, with a deadline:...
SNAP now counts a child as a dependent only until age 14, pulling parents of teens under the work rule
A single number buried in H.R. 1’s SNAP provisions is quietly reclassifying parents who thought caregiving alone kept them out of the program’s work requirement....
Veterans and homeless adults lost their automatic exemption from SNAP work rules this year
Three categories of SNAP recipients who never had to prove work hours to keep their food benefits now do. The U.S. Department of Agriculture confirmed...
The 2027 VA disability raise is projected near 3.9%, the largest for veterans since 2022
Veterans receiving VA disability compensation are looking at an early estimated raise of about 3.9 percent for 2027, based on forecasts that predate the government’s...
A Trump drug deal now covers 89% of the branded market, with $600 billion in projected savings over a decade
The Trump administration said on August 31 that nine more pharmaceutical manufacturers have agreed to sell drugs in the United States at no more than...
Marketplace health premiums are jumping about 114% on average after enhanced tax credits expired
Out-of-pocket premiums for subsidized Affordable Care Act marketplace plans are rising by about 114% on average for 2026 coverage, according to the Kaiser Family Foundation,...
Adults up to age 64 must now meet SNAP’s 80-hour-a-month work rule to keep food aid
A rule change that took effect the day H.R. 1 became law has stretched Supplemental Nutrition Assistance Program work requirements over a decade of adults...
The Supreme Court struck down Trump’s global tariffs, and the refunds are going to importers, not households
In a 6-3 ruling issued February 20, 2026, the Supreme Court held that the International Emergency Economic Powers Act does not give a president the...
A federal COVID-loan sweep put $245 million in taxpayer losses under scrutiny
A two-month federal enforcement surge targeting alleged fraud in pandemic-era relief programs reached approximately $245 million in intended taxpayer losses, according to the Justice Department....
Rural North Carolina schools are getting $1.25 million for clinics, telehealth and mobile care
A $1.25 million federal award is moving rural health care in North Carolina closer to the school day. The money supports new and expanded school-based...
Kansas is receiving nearly $17 million for rural health technology and patient transportation
Kansas is receiving a new federal rural-health investment worth nearly $17 million, divided between medical technology and transportation between facilities. The split reveals the money...
Maine still offers a $300 check to residents who file a 2025 return by October 15
Maine’s $300 affordability payment remains available to residents who have not yet filed a 2025 state income-tax return, but the route closes on October 15,...
Georgia is cutting $18,000 from the assessed value of qualifying homesteads this year
Georgia’s 2026 property-tax relief does not arrive as a rebate check. The state is reducing the assessed value used on qualifying homesteads by $18,000, then...
New Jersey Senior Freeze payments keep arriving through October 1 for later spring filers
New Jersey’s Senior Freeze reimbursement schedule is still moving through a defined fall window, with payments for a specific group of later spring filers expected...
California is putting $894 million in electric-bill credits into the hottest months of 2026
California scheduled $894 million in residential electric Climate Credits for 2026, moving major investor-owned utility credits into August and September when cooling demand can be...
Connecticut electric bills are down 18% this year, and the credit now lasts through April
Connecticut says average residential electric bills have fallen 18% so far in 2026, and new funding will keep a public-benefit-cost credit running through at least...
Regular gasoline now averages $4.316 a gallon nationwide
The national average for regular gasoline reached $4.3163 a gallon on September 14, according to AAA, which rounds to $4.316 in the headline figure. That...
Wholesale prices climbed 5.4% in a year as diesel costs jumped 24.1% in August
Producer prices for final demand were 5.4% higher in August than a year earlier, according to the Bureau of Labor Statistics. The monthly index rose...