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
15% of tariff refund claims have already been rejected — and small businesses say the CAPE portal requires a customs broker or lawyer just to file
After the U.S. Supreme Court, in its May 2026 decision in National Foreign Trade Council v. United States, struck down a series of executive-branch tariffs...
Gas just hit $4.39 a gallon — up 47% since the Iran war started — and Exxon’s CEO says “there’s more to come” on price spikes
A gallon of regular unleaded now costs $4.39 at the national average, according to AAA’s daily fuel gauge. That is 47% higher than the $2.81...
Apple just posted a $111.2 billion quarter and announced a $100 billion buyback — and Tim Cook is leaving in 4 months
Tim Cook is stepping down as CEO of Apple. The company disclosed the succession plan in a regulatory filing with the Securities and Exchange Commission...
The personal savings rate just hit 3.6% — the lowest since 2008 — because Americans are spending more on gas, not more on stuff
For every $100 of after-tax income Americans earned in December 2025, they set aside just $3.60. That personal saving rate, reported by the Bureau of Economic...
Trump told Congress the Iran war is “terminated” — the Navy is still blockading Iran’s ports and gas just hit $4.39
Trump told Congress the Iran war is “terminated” — the Navy is still blockading Iran’s ports and gas just hit $4.39 President Trump sent Congress...
Trump signs executive order creating TrumpIRA.gov — 56 million workers without employer plans could get up to $1,000/year in federal matching funds
A freelance graphic designer in Austin. A DoorDash driver in Detroit. A house cleaner in Phoenix who invoices her own clients. None of them has...
The 2026 gas price survival guide: 5 line items in your budget that go up when fuel does
Filling up the family car got noticeably more expensive this spring. The Bureau of Labor Statistics’ March 2026 Consumer Price Index report, released in April,...
Only 25% of consumers say their cost-cutting plans are still working, PYMNTS report finds
Three out of four Americans who tried to shrink their spending this year say the effort has stalled. Only 25% of consumers report that their...
Gas prices hit $4.30 a gallon — the highest in four years — as Trump warns Iran blockade could last months
The last time Americans paid this much to fill a tank, Russian missiles were falling on Kyiv. On May 5, 2026, the national average price...
Trump signs executive order creating TrumpIRA.gov — workers without 401(k)s could get up to $1,000 a year in federal matching funds
If you drive for a rideshare company, freelance as a web designer, or work at a small restaurant that offers no retirement benefits, the federal...
Rice-sized solid-state battery targets smart lenses and wearables
The battery is about the size of a grain of rice. It contains no liquid electrolyte. And on 22 April 2026, it was placed inside...
U.S. expects first Trump-tariff refunds around May 11, filing says
Thousands of American companies that paid disputed tariffs on Chinese imports during the Trump-era trade war are a step closer to getting their money back....
2/3 of U.S. schools say free lunches are unaffordable as rules shift
When the lunch line opens at 10:45 a.m. in a Title I elementary school, the trays rolling out of the kitchen look healthier than they...
Housing crisis is driven by affordability, not a lack of homes
A family earning the national median income in early 2026 needs to stretch further to buy a median-priced home than at any point in at...
Iran’s living costs surge as Trump blockade tightens pressure
In Tehran’s southern neighborhoods, where working families do most of their shopping at open-air markets, the arithmetic of daily life has shifted sharply since late...
Ford expects $1.3B refund tied to Trump-era IEEPA tariffs
Ford Motor Co. stands to collect roughly $1.3 billion from the U.S. government after the Supreme Court struck down tariffs imposed under the International Emergency...
Lammes Candies to close all stores, ending 141-year retail run
By late April 2026, the shelves at Lammes Candies on Airport Boulevard in Austin were nearly bare. Customers lined up to buy whatever remained: boxes...
AARP says tariff refunds may hinge on class-action lawsuits for shoppers
AARP says tariff refunds may hinge on class-action lawsuits for shoppers Federal courts have struck down the tariffs. Refunds are being processed. But if you...
California Academy of Sciences cuts 53 jobs as deficit widens
The California Academy of Sciences, the sprawling natural history museum and research institution in San Francisco’s Golden Gate Park, has eliminated 53 positions in a...
Duke Energy customers press regulators over proposed 15% rate hike
When the doors opened at the Burke County courthouse in Morganton, North Carolina, on April 28, 2026, more than a dozen residents were already waiting...