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
Kroger is closing about 60 supermarkets, and shoppers in five states may have to move a prescription
Kroger plans to shut roughly 60 underperforming supermarkets over about 18 months, a retrenchment already visible in Georgia, Illinois, Indiana, Virginia, and West Virginia. For...
Trump’s tariffs shrank the trade deficit but pushed everyday prices higher, a new analysis finds
A fresh analysis of the tariff record credits the import duties with a genuine achievement, a meaningfully smaller U.S. trade deficit, while documenting the price...
Tariff refunds have grown so large that the duties turned into a net cost, yet little is reaching shoppers
The tariffs that added roughly $30 billion a month to federal coffers for a year have flipped into a drain on the Treasury, as refunds...
The U.S. is readying a new 7.5% tariff on Chinese goods before a Trump-Xi summit, a cost that can reach store shelves
The next tariff aimed at China is being measured in single digits, not the triple-digit figures that defined earlier trade fights. The administration is preparing...
Medicaid’s new 80-hour work rule reaches 44 states on January 1, and millions must prove the hours or lose coverage
Starting January 1, Medicaid stops being an automatic benefit for millions of adults in 44 states and becomes a benefit that must be earned in...
New 50% U.S. tariffs on about $20 billion of Canadian goods just took effect, raising costs on liquor, clothing and building materials
A 50% tariff wall went up on roughly $20 billion of Canadian imports at midnight, and the goods behind it read like a shopping list:...
Nine states levy no income tax, stretching a fixed retirement income further
Where a retiree settles down can be worth thousands of dollars a year at tax time. Nine states impose no broad tax on personal income,...
The VA fills many prescriptions for a few dollars and mails them to the door for free
For a veteran enrolled in VA health care, the pharmacy counter looks nothing like the one at a retail drugstore. Many prescriptions are filled for...
Disabled veterans can buy a home with no down payment and skip the VA funding fee
A VA-backed home loan lets a qualified veteran buy a house with no down payment and no monthly mortgage insurance, two features that already separate...
CHAMPVA can cover health care for the spouse and children of a permanently disabled veteran
A veteran’s permanent and total disability rating does more than set a monthly compensation check. It can also open a health program that covers the...
A federal program can help low-income households cover part of a winter heating bill
A federal program pays part of the heating and cooling bills for millions of low-income households, and can cover an emergency benefit when a shutoff...
Gas near $4.10 a gallon and mortgages close to 7% are squeezing fixed incomes this summer
The national average price of gasoline sat near $4.10 a gallon in late August 2026, while the average rate on a 30-year fixed mortgage climbed...
Ground beef is up nearly 19% and tomatoes about 50% as tariffs and shortages hit the grocery aisle
Two staples of the grocery cart are climbing far faster than the overall inflation rate. Recent federal data show ground beef up about 18.9 percent...
About $100 billion in struck-down tariffs is being refunded to businesses, but little is reaching shoppers
After the Supreme Court struck down many of the tariffs imposed over the past year, roughly $100 billion of the money collected is now flowing...
More than 4 million people have already lost some or all of their food stamps under the new law
More than 4 million people have already lost some or all of their food stamps since last July, as new rules from the One Big...
Federal student-loan collections have restarted, and defaults now top 9 million, putting paychecks and benefits at risk
Federal student-loan collections have restarted, and the number of borrowers in default now tops 9 million — roughly 9.5 to 9.6 million as of March...
Prescription drug prices have fallen every month of 2026, the sharpest drop the White House claims since the 1960s
The White House says prescription drug prices have fallen about 3.9% since President Trump took office and have declined in every month of 2026, a...
Coffee is up about 20% and ground beef nearly 19% as tariffs and shortages hit groceries
Two fixtures of the American kitchen are leading the newest run-up in grocery prices, and both hit the kind of everyday shopping that fills a...
Eighteen states now limit what SNAP benefits can buy, from soda to candy
The card that pays for groceries in millions of households is about to work differently at the checkout line. By the end of 2026, roughly...
SNAP work-rule waivers now require 10% unemployment, putting food aid at risk for millions
A change written into last year’s sweeping tax-and-spending law is now reshaping who can keep food assistance, and the pivot point is a single number:...