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
The VA’s needs-based pension is a separate benefit from disability pay, for low-income wartime veterans
Many veterans assume that if they never had a service-connected injury, the VA has no monthly check for them. That is wrong. The VA runs...
A housebound allowance raises a veteran’s monthly VA payment
Veterans who are largely confined to their homes because of a service-connected condition can receive more money each month than their disability rating alone would...
Adults over 64 stay exempt from Medicaid’s new 80-hour work rule, but 55-to-64s must document the hours
A federal rule finalized this summer will require millions of adults in the Medicaid expansion group to prove they are working, volunteering or in school...
Health-law subsidies lapsed, and marketplace premiums more than doubled for many people in their late 50s and early 60s
The enhanced subsidies that made Affordable Care Act coverage affordable for millions of people lapsed at the start of 2026, and the result has landed...
Walmart is keeping $2.9 billion in tariff refunds for price cuts while Amazon mails money back to customers
Walmart has collected roughly $2.9 billion in tariff refunds — the largest sum any retailer has reported — and it is keeping the money to...
Amazon is refunding about $600 million in tariff charges to shoppers automatically, with no form to file
Amazon has told investors it received about $600 million in tariff refunds and will hand some of that money back to shoppers automatically — no...
Weatherization assistance can cut a low-income senior’s utility bills with free home upgrades
Heating and cooling a home is one of the largest fixed expenses a retiree on a limited income faces, and it is one of the...
The PACT Act opened VA health care and benefits to veterans exposed to burn pits
For decades, a veteran who developed cancer or a chronic lung condition years after breathing the smoke of a military burn pit faced a frustrating...
A White House report says drug prices fell the most since 1963, though economists urge caution
The White House announced in August 2026 that prescription drug prices had recorded their steepest annual decline since 1963, framing it as evidence that the...
Trump’s drug-pricing order seeks “most favored nation” prices and promises cuts of 30% to 80%
A standing executive order directs the federal government to push drugmakers toward the lowest prices they charge in other wealthy nations, a policy the administration...
Food-stamp work rules now reach adults up to 64, who must log 20 hours a week
Adults as old as 64 must now document about 20 hours of work or training a week to keep their food stamps, after a change...
The new law cuts $186 billion from food stamps, the deepest reduction in the program’s history
The One Big Beautiful Bill Act cut federal spending on food stamps by roughly $186 billion through 2034, a reduction that budget analysts describe as...
California’s minimum wage rises to $17.40 in 2027, the highest of any state
California’s statewide minimum wage will climb to $17.40 an hour on January 1, 2027, cementing its place as the highest state floor in the country....
Tariffs are adding about $540 a year to the average grocery bill, and coffee alone has jumped 21%
A round of new import tariffs is quietly reshaping the checkout total for older households on fixed incomes, and the math is starting to bite....
A veteran’s survivors can claim a VA burial allowance toward funeral costs
When a veteran dies, the Department of Veterans Affairs will help pay for the funeral, burial, and grave, but only if a survivor knows to...
Months after the first checks, AT&T’s data-throttling refunds are reaching holdouts through Zelle
Former AT&T customers who never collected an earlier refund are getting another chance, this time by direct deposit. The Federal Trade Commission is sending payments...
Electricity prices are near record highs around 18 cents a kilowatt-hour, straining fixed incomes
Residential electricity is on track to average about 18 cents a kilowatt-hour in 2026, according to federal forecasters, near the highest level on record and...
Trump Accounts can also take up to $2,500 a year, tax-free, from an employer
The 2025 tax law that created Trump Accounts for children also lets an employer chip in, allowing a company to contribute up to $2,500 a...
Food stamps now require five years of legal U.S. residency to qualify
A change in the 2025 federal budget law has narrowed the list of immigration statuses that qualify for SNAP food benefits, and for most noncitizens...
A shrinking SNAP utility allowance is cutting about 29,000 households’ food benefits by roughly $58 a month
A change in the 2025 federal budget law is trimming the monthly food benefits of tens of thousands of households by narrowing who automatically qualifies...