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
Workers lost 0.3% of real hourly buying power over the past year
Average hourly pay failed to keep pace with consumer prices over the year through August, leaving workers with 0.3% less inflation-adjusted buying power per hour....
August inflation accelerated to 0.4%, lifting yearly consumer prices 3.4%
Consumer inflation picked up sharply in August, with the broad price index rising 0.4% in one month after a 0.1% July increase. Prices stood 3.4%...
Dominion customers could get $10 monthly bill credits for four years under the revised merger offer
Dominion Energy and NextEra Energy have doubled the length of a proposed residential bill credit as they seek approval for their Virginia merger. The revised...
A VA audit found one in three proposed disability cuts was processed with errors
A Department of Veterans Affairs watchdog review found that claims processors made at least one error in about 34 percent of cases last year involving...
Skipping the monthly GI Bill enrollment check can halt a veteran’s housing payment
Since January 2026, every category of Department of Veterans Affairs education beneficiary — not just the students already required to check in — must confirm...
Veterans eligible for two GI Bills can now draw up to 48 combined months of benefits
A veteran who served two separate stretches of duty — one that qualified for the Montgomery GI Bill and a later one that qualified for...
A SNAP office must approve an application within 30 days, or seven in an emergency
Federal law gives a SNAP office 30 days to approve or deny an ordinary application, and only seven days when a household has almost no...
A bill moving through Congress would force faster Medicare Advantage treatment approvals
A bipartisan bill that would force Medicare Advantage plans to speed up and standardize how they approve care has cleared two House committees without a...
Congress returns September 14 to a stack of Social Security and Medicare money bills
Lawmakers returned to Washington on September 14 with three separate bills touching Social Security and Medicare still sitting in committee, none of them enacted and...
The White House plans no raise for about two million federal workers in 2027
President Trump has told Congress that most of the roughly two million civilian federal employees covered by the government’s general pay schedules should not expect...
Trump’s drug-pricing deals now cover 26 companies, but the lower prices are not at the counter yet
The Trump administration says it has now reached most-favored-nation pricing agreements with 26 pharmaceutical manufacturers, after nine more companies signed on in late August, together...
The tariffs Americans paid at the register are being refunded to importers, not shoppers
Billions of dollars in tariff refunds are moving through U.S. Customs and Border Protection this year, the result of a Supreme Court ruling that struck...
Subsidized Obamacare enrollees will see their premiums more than double next year
Enrollees who get help paying for an Affordable Care Act marketplace plan are now paying, on average, more than double what they paid for the...
Only people who paid full price get the new $500 Obamacare refund, and only in 30 states
The White House says nearly 1 million Affordable Care Act enrollees in 30 states will receive a $500 refund check starting in October, drawn from...
A GAO audit found $608 million in improper VA community-care payments, with no fraud-risk check done
A Government Accountability Office audit found that VA’s Community Care program made about $608 million in improper payments, a figure GAO calculated at roughly 2.4%...
Medicaid can now recheck your eligibility every six months instead of once a year
Medicaid will begin rechecking eligibility for the program’s expansion group every six months instead of once a year, according to the Centers for Medicare &...
The Medicaid work rule’s income floor has sat at $580 since 2009
Medicaid’s new work requirement includes an income-based alternative to logging hours: enrollees who earn at least $580 a month can satisfy the standard through income...
Medicaid’s work rule exempts pregnant women, caregivers of a child 13 or under, and fully disabled veterans
Medicaid’s new work requirement, set to begin January 1, 2027, will not apply to everyone enrolled in the program. The Centers for Medicare & Medicaid...
SNAP’s standard deduction rises with the new benefit year, quietly shrinking the income that counts against you
Every year, USDA recalculates the standard deduction SNAP uses to determine how much of a household’s income counts toward its benefit, and the update for...
Arizona’s food-stamp rolls fell more than half in a year, the steepest drop nationwide
National SNAP participation has fallen by roughly 5.5 million people since the 2025 reconciliation law took effect in July 2025, according to the Food Research...