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
US territories escape the Medicaid work rule that 43 states and Washington DC must run by January
A new Medicaid work requirement takes effect nationwide by January 1, 2027, and "nationwide" turns out not to mean all fifty states. The Centers for...
Medicaid gives a noncompliant enrollee 30 calendar days to answer before cutting coverage
A Medicaid enrollee flagged as noncompliant with the program’s new work requirement does not lose coverage the moment a caseworker notices a missing hour of...
A state can waive Medicaid’s work rule where county unemployment tops 8 percent
CMS’s interim final rule implementing Medicaid’s new work requirement, issued June 1, 2026, contains a provision unrelated to an individual’s job search: a county’s unemployment...
Medicaid’s work rule stops at the parent of any child 13 or younger
The rule that created Medicaid’s new work requirement ties one of its biggest exemptions to a single birthday, not a sliding scale. Under the interim...
Medicaid excuses the work rule for anyone in a hospital or nursing facility
When the Centers for Medicare and Medicaid Services wrote a nationwide 80-hour-a-month work requirement into Medicaid eligibility, it also carved out a narrow release valve...
Food stamps stop scaling at 18 people and cap the largest households at $3,887
Beginning October 1, 2026, a household of 18 people on food stamps in the 48 contiguous states and Washington, D.C. maxes out at $3,887 a...
Medicare enrollees sit outside the Medicaid work requirement entirely
A 63-year-old Medicaid beneficiary in Ohio who has not yet enrolled in Medicare could be required, starting in 2027, to document 80 hours a month...
Medicaid applicants must meet the 80-hour rule in the month before they apply
The Centers for Medicare and Medicaid Services published an interim final rule fact sheet on June 1, 2026, laying out how the new Medicaid community...
Former foster youth and people in addiction treatment are exempt from Medicaid’s new work rule
A federal rule that took effect July 31, 2026, permanently walls off two groups of Medicaid enrollees from a work-hour count that could otherwise cost...
Food stamps will subtract $217 from a three-person household’s income before figuring the benefit
The U.S. Department of Agriculture’s Food and Nutrition Administration issued its Fiscal Year 2027 cost-of-living adjustment memo on August 21, 2026, raising the SNAP standard...
February’s 6-3 Supreme Court ruling put Washington on the hook for as much as $175 billion in tariff refunds
A 6-3 Supreme Court ruling on February 20, 2026, struck down the tariffs the Trump administration imposed under the International Emergency Economic Powers Act, and...
The savings figure that ends a senior’s food stamps after a lottery win rises to $4,750 on October 1
A federal notice made public in August raises the resource ceiling that decides whether an older or disabled household can keep receiving food stamps to...
Medicare will email the handbook as a PDF each fall to anyone who asks
Medicare will email a PDF copy of its “Medicare & You” handbook every fall to any beneficiary who switches to the electronic edition at Medicare.gov/go-digital,...
Medicare.gov now lists private health apps that connect to a beneficiary’s Medicare record
Medicare.gov’s new health-apps directory tells beneficiaries that every listed app has been independently verified to meet high privacy and security standards before it can touch...
A homeless food stamp household can deduct $205.66 in shelter costs starting October 1
The Food and Nutrition Administration set the maximum homeless shelter deduction for the Supplemental Nutrition Assistance Program at $205.66 for fiscal year 2027, effective October...
War-driven fuel costs have taken $659 from the average household and $88 billion nationwide
The average American household has paid an additional $659.01 for gasoline and diesel since the Iran War began pushing prices higher on February 28, 2026,...
Diesel reached a record $5.90 a gallon on Monday as the war premium held
AAA’s daily fuel-price survey put the national diesel average at $5.9012 a gallon on September 8, a fraction below the $5.9015 mark the tracking service...
Regulators say the fund’s chief executive took more than $7 million of investor money for himself
At least $7 million in investor money moved out of two Pacific Private Money Group funds and into accounts controlled personally by the funds’ founder,...
Investors in a collapsed California fund are owed $121 million and under $17 million is recoverable
The Securities and Exchange Commission says the two Pacific Private Money Group funds at the center of a Northern California fraud case still owe investors...
Social Security’s 800 number has had a zero percent busy rate for four straight months
Social Security says its National 800 Number has not returned a busy signal to a single caller in four straight months, a reversal from a...