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The Money Overview

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

Government & Policy

Social Security handled 505 million online transactions this year, a 35 percent jump

A retiree who updates direct deposit information, downloads a benefit verification letter, or checks a new claim’s status now most often does that work through...

Government & Policy

Social Security says a tighter control environment saved the agency $16 billion

The Social Security Administration marked the 91st anniversary of the Social Security Act on August 14, 2026, with a press release crediting a “better control...

Government & Policy

Drugmakers committed $19.6 billion to build medicine plants in the United States

Nine pharmaceutical companies have committed at least $19.6 billion to expand production inside the United States, according to a White House fact sheet released August...

Government & Policy

Nursing homes face no federal minimum staffing standard after the rule was withdrawn

The open question is not whether nursing homes will answer to a federal minimum staffing number, but when, if ever, one returns before September 30,...

Government & Policy

Congress has now extended the federal flood insurance program 36 times since 2017

Congress has now patched the federal flood insurance program for the 36th time since the end of fiscal year 2017, extending it again rather than...

Government & Policy

Medicare’s rural health program sends federal money to states to keep care close to home

On December 29, 2025, the Centers for Medicare & Medicaid Services sent the opening installment of a five-year, $50 billion commitment to all 50 state...

Cost of Living

AT&T raises internet bills another $5 a month on September 28

A $5 monthly increase hits AT&T Internet Air customers on September 28, 2026, the second rate hike the company has confirmed on its internet plans...

Government & Policy

Twenty-six drugmakers have now signed federal pricing deals covering 89 percent of the branded market

Twenty-six pharmaceutical manufacturers now hold most-favored-nation pricing agreements with the federal government, covering 89 percent of the branded drug market, after nine additional companies signed...

Government & Policy

A state can put off its Medicaid work requirement until the end of 2028 by showing a good faith effort

Forty-three states and the District of Columbia must condition Medicaid eligibility on 80 hours of monthly work, school or community service starting January 1, 2027,...

Government & Policy

Trump signed an order Tuesday shutting Canadian dairy, alcohol and vehicles out of the country on September 29

President Donald Trump signed a proclamation on Tuesday, September 8, 2026, directing that certain Canadian dairy products, alcoholic beverages, and motor vehicles be excluded entirely...

Government & Policy

A veteran’s surviving spouse is paid the plot allowance automatically without filing anything

When a veteran dies, the Department of Veterans Affairs does not wait for a surviving spouse to file paperwork before it starts processing one specific...

Government & Policy

The VA pays up to $2,000 toward a veteran’s funeral when the death was service connected, with no filing deadline

Two thousand dollars and no deadline: that is the deal the Department of Veterans Affairs offers a family covering funeral costs after a service-connected death,...

Corporate Shakeups

Providence is also cutting loose more than 260,000 commercial members and 58,000 Medicaid enrollees

Providence Health Plan is walking away from health insurance entirely, and the wind-down reaches far beyond the roughly 64,000 Medicare Advantage members whose coverage already...

Government & Policy

Money transmitters in eight border counties must now log an ID for cash transactions above $1,000

A cash transaction as small as $1,000 now triggers a federal reporting requirement at money services businesses in eight border counties across New Mexico and...

Government & Policy

Employers can now put money into a child’s Trump Account under rules Treasury just proposed

Up to $2,500 a year: that is the ceiling Treasury and the IRS set on August 11 for how much an employer can contribute, tax-free,...

Government & Policy

Seniors without obesity drug coverage pay about $50 a month for Wegovy under a federal agreement

Since July 1, 2026, a temporary Medicare program has let eligible beneficiaries fill a prescription for Wegovy, Zepbound or the newer pill Foundayo for a...

Government & Policy

A bipartisan Senate bill would force Congress to vote on a 50-year Social Security fix with no filibuster

Eight senators from both parties introduced a bill on July 14, 2026 that would force Congress to hold an up-or-down vote on Social Security’s looming...

Government & Policy

Food stamps raise the savings cap for households with someone 60 or older to $4,750 on October 1

The Department of Agriculture has quietly finalized a number that decides whether hundreds of thousands of older households can keep more in savings without losing...

Government & Policy

Food-stamp caregivers keep the work exemption only if a child under 14 is home

A single birthday now carries a federal consequence for families receiving food assistance. Under the tax and spending law Congress passed in 2025, a parent...

Government & Policy

A Medicaid work-rule notice starts a 30-day clock that counts weekends and holidays

A single notice mailed by a state Medicaid agency now carries a fixed 30-day expiration built into federal regulation, and the countdown does not pause...

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