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
Grandparents can open a Trump Account for a child born from 2025 through 2028 and the government adds $1,000
A federal savings program created under the Working Families Tax Cuts lets more than a parent open an investment account for a young child. Parents,...
One dollar of income over the Obamacare subsidy line now costs an early retiree the entire credit
A household earning one dollar more than 400% of the federal poverty level for 2026 loses access to every dollar of its Affordable Care Act...
One- and two-person SNAP households still get a guaranteed monthly minimum
The standard formula that sets a Supplemental Nutrition Assistance Program benefit can, for a household with very little net income left over after deductions, produce...
Seniors can deduct medical bills to qualify for more food-stamp help
A Supplemental Nutrition Assistance Program household with a member who is 60 or older, or who has a disability, can deduct out-of-pocket medical costs above...
Buy-now-pay-later loans are starting to show up on credit reports, where a missed payment can dent a score
Buy-now-pay-later loans, once a form of credit largely invisible to lenders, are increasingly landing on the credit reports maintained by the three nationwide bureaus, and...
Coffee costs about 19% more than a year ago as tariffs and short harvests push grocery bills up
A pound of ground coffee at the supermarket now costs roughly 19 percent more than it did a year ago, government price data show, even...
Dell is cutting about 4,000 jobs, its third straight year of shrinking its staff by roughly a tenth
Dell confirmed roughly 4,000 layoffs on September 4, hitting IT and engineering teams including roles in Bangalore, the latest round in a stretch that has...
A court threw out SNAP soda-and-candy bans in five states, so the \”18 states\” figure spreading online is wrong
A federal court has thrown out five states’ Supplemental Nutrition Assistance Program waivers that barred soda and candy purchases with food-stamp benefits, and the online...
Canada hits 700 American products with tariffs up to 50% on September 8, and the cost circles back to U.S. shoppers
Canada will impose retaliatory tariffs of 15%, 25% and 50% on more than 700 American products starting September 8, matching new U.S. duties dollar for...
Sam’s Club membership now costs $60 a year, up from $50, its first increase since 2022
A basic Sam’s Club membership now costs $60 a year, a $10 jump from the $50 rate that had held since 2022, after the Walmart-owned...
A new federal rule ranks job performance over seniority when the government cuts staff
A final rule from the Office of Personnel Management took effect September 2, rewriting the formula federal agencies use to decide which employees survive a...
Nearly 7,900 U.S. stores are set to close this year as chains shrink
Retail analysts at Coresight Research now project that nearly 7,900 U.S. stores will close before the end of 2026, a full-year estimate built from the...
Campbell’s is cutting 13% of its workforce as packaged-food sales slump
Campbell’s, the Camden, New Jersey-based maker of soup, Goldfish crackers and Prego sauce, told investors on September 3 that it has cut its salaried workforce...
The new stopgap funds the government only through December 11, but Social Security and Medicare keep paying
President Donald Trump signed H.R. 6500, the Continuing Appropriations and Extensions Act, 2027, into law on September 2, days ahead of the September 30 deadline...
Trump’s most-favored-nation drug deals now cover 26 drugmakers, tying U.S. prices to the lowest paid abroad
The Trump administration said Aug. 31 that its most-favored-nation drug-pricing initiative now covers 26 pharmaceutical manufacturers, after nine additional companies signed on in a single...
Food stamps now let elderly and disabled households keep up to $4,750 in savings and still qualify
Starting October 1, 2026, the beginning of federal fiscal year 2027, the Supplemental Nutrition Assistance Program’s resource limit for households with a member who is...
Uber is cutting about 3,400 jobs, a tenth of its workforce
Uber Technologies is cutting roughly 3,400 corporate jobs, about a tenth of its global workforce, under a restructuring that chief executive Dara Khosrowshahi outlined to...
New U.S. tariffs of 10% to 12.5% now hit imports from 60 countries, and the cost lands on store shelves
The Office of the U.S. Trade Representative’s Section 301 forced-labor tariffs took effect at 12:01 a.m. Eastern time on July 24, 2026, adding a 10...
Insurers want to raise Obamacare premiums another 14% for 2027 after expired subsidies already drove bills up 20%
Health insurers selling Affordable Care Act marketplace plans are asking state regulators to approve a median premium increase of 14% for 2027, according to preliminary...
CVS will add stores in 2026 for the first time in five years, closing only a few dozen
CVS Health expects to open roughly 60 stores in 2026, the company’s first increase in its store count in several years, after closing 271 locations...