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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

Cost of Living

Coffee is up as much as 25% and ground beef sits near $6.83 a pound as tariffs and shortages hit the grocery aisle

Grocery receipts told two very different stories in the summer of 2026. Ground beef averaged roughly $6.83 a pound, roasted coffee carried a double-digit annual...

Government & Policy

Medicaid’s new 80-hour-a-month work rule takes effect by January 1, and adults 55 to 64 must document the hours or lose coverage

Most states must begin requiring many Medicaid enrollees to complete 80 hours a month of work or approved activity by January 1, 2027, or face...

Government & Policy

The Supreme Court struck down Trump’s tariffs, and businesses have now been refunded $100 billion of the $166 billion they overpaid

About $100 billion in tariff money has now been returned to the businesses that paid it, roughly 60 percent of the $166 billion collected under...

Government & Policy

Trump’s promised $2,000 tariff-dividend checks are still only a proposal, and an adviser says no formal plan will reach Congress until next year

President Trump has repeatedly floated sending most Americans a $2,000 payment funded by tariff revenue, but as of late August 2026 the figure remains a...

Government & Policy

The VA reimburses eligible veterans for mileage to and from medical care

Getting to a VA appointment can mean a long round trip, and for veterans on fixed incomes the fuel and tolls add up over a...

Government & Policy

A Specially Adapted Housing grant helps a severely disabled veteran buy or fix a home

For veterans left with the most severe service-connected disabilities, small home modifications are not enough; the house itself may need to be built or rebuilt...

Government & Policy

A VA HISA grant helps pay for home changes like ramps and roll-in showers

An aging or disabled veteran who can no longer safely step over a tub wall or clear a front-door threshold does not always need to...

Cost of Living

Eggs are forecast to fall about 31% in 2026 even as beef and milk keep climbing

One corner of the grocery store is finally moving in the shopper’s favor, and it is the same aisle that inflicted the worst sticker shock...

Government & Policy

Car buyers can deduct up to $10,000 of loan interest, but the break fades once income tops $100,000

A temporary tax break lets buyers of new American-assembled vehicles write off the interest on their auto loans, up to $10,000 a year, but the...

Cost of Living

The average U.S. household will pay roughly $920 more this year because of Trump’s tariffs, one analysis estimates

A year of higher import taxes is quietly landing on kitchen tables, and one estimate puts the average tab at roughly $920 per household for...

Government & Policy

The new $6,000 senior deduction starts shrinking above $75,000 of income and disappears for higher earners

A new tax break aimed at older Americans comes with a ceiling that quietly erases it for anyone comfortably above the middle of the income...

Government & Policy

The IRS again shot down the viral rumor of a $2,000 tariff-dividend check this year

A rumor that will not die keeps promising older Americans a $2,000 windfall, and federal tax officials keep saying it is not coming. Viral posts...

Government & Policy

The White House is announcing a new round of drug-pricing deals that give state Medicaid programs foreign prices

The federal government is widening a campaign to pull American drug prices toward what other wealthy nations pay, and the newest step reaches into state...

Government & Policy

The VA will step in to help a veteran avoid foreclosure on a VA-backed home loan

When a veteran with a VA-backed mortgage falls behind, the Department of Veterans Affairs does not simply watch the servicer move toward foreclosure. Because the...

Government & Policy

A veteran rated fully disabled can get extra VA money for a dependent spouse and children

A veteran rated 100% disabled who lives alone receives $3,938.58 a month in VA compensation, but the same veteran with a spouse and one child...

Government & Policy

The VA’s Survivors Pension pays a low-income surviving spouse of a wartime veteran

A low-income widow or widower of a wartime veteran can draw a monthly VA Survivors Pension worth up to $974 a month, a figure set...

Government & Policy

Many states waive property taxes entirely for veterans with a service-connected disability

For a veteran with a top disability rating, a state property-tax exemption can erase one of retirement’s largest fixed bills, wiping out several thousand dollars...

Government & Policy

A VA Aid and Attendance benefit adds monthly money for veterans who need help with daily care

A wartime veteran who needs help with everyday tasks can lift the ceiling on a VA pension to as much as $29,093 a year through...

Cost of Living

A federal Lifeline benefit can trim the monthly phone or internet bill for low-income households

A telephone and internet bill is one of the few household costs that rarely bends, arriving at the same figure month after month regardless of...

Cost of Living

Macy’s plans to close about 150 stores by year’s end

Macy’s is closing in on the finish line of a plan to shut roughly 150 of its namesake department stores, a retrenchment that began in...

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