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
Vornado is recalling about 255,000 tower heaters after 32 reports of overheating and fire, including one smoke-inhalation injury
Roughly 255,000 Vornado SRTH Small Room Tower Heaters are being pulled from homes and store shelves after federal regulators logged 32 reports of overheating, eight...
Tyson and Cargill will pay $87.5 million over inflated beef prices — shoppers in 26 states who bought steak or roasts from 2014 to 2019 can claim by June 30
Families across 26 states who paid more than they should have for beef between 2014 and 2019 now have a narrow window to recover some...
More than 100 lawsuits accuse Gerber and other baby-food makers of selling products with unsafe levels of lead and arsenic
Parents who bought Gerber, Beech-Nut, HappyBABY, and Earth’s Best Organic baby foods now face a federal courtroom battle over whether those products contained unsafe concentrations...
Anyone on SNAP or Medicaid can get $9.25 a month off a phone or internet bill through the federal Lifeline program
Millions of households enrolled in SNAP or Medicaid are eligible for a $9.25 monthly discount on phone or internet service through the federal Lifeline program,...
Redfin is accused of sharing house hunters’ browsing data with Meta and TikTok
A proposed class-action lawsuit accuses Redfin Corporation of transmitting house hunters’ browsing activity and video-viewing data to Meta and TikTok through tracking tools embedded on...
Georgia’s gas tax came back last week, raising pump prices about 33 cents a gallon after a two-and-a-half-month suspension
Georgia motorists saw pump prices climb roughly 33 cents per gallon when the state’s motor fuel excise tax snapped back into effect after a suspension...
Volkswagen faces a class action claiming its ID.4 electric SUV battery can catch fire
Owners of Volkswagen’s ID.4 electric SUV now face a proposed class-action lawsuit alleging the vehicle’s high-voltage battery pack can overheat and catch fire. The litigation...
Pell Grants will cover job training as short as eight weeks starting July 1
Adults who need a fast track into the workforce will soon have a new way to pay for it. The U.S. Department of Education has...
Wyze is recalling more than 321,000 solar security cameras after six caught fire
Wyze Labs is recalling its Wyze Solar Cam Pan security cameras after reports that several units caught fire in people’s homes. The action affects 321,360...
Illinois killed its statewide grocery tax in January — and 665 cities and towns voted to keep charging their own
Grocery shoppers in 665 Illinois cities, towns, and villages saw no tax relief at the register on January 1, 2026, even though the state officially...
Virginia’s data-center boom is raising power bills in West Virginia, where the same utility serves both states
Residential electricity customers in West Virginia and Maryland are absorbing billions of dollars in transmission costs driven by Virginia’s rapid data-center expansion, even though the...
Only eight states still charge sales tax on groceries
Grocery shoppers in eight states started 2026 still paying sales tax on basic food items, a shrinking club that got smaller on January 1 when...
Generac’s $15 million settlement pays solar-system owners from $150 up to $20,000, with claims open until August 24
Homeowners who installed Generac-branded solar power systems and experienced equipment failures or misleading sales practices now have a narrow window to file claims in a...
Electricity prices have risen 42% since 2019, far outpacing overall inflation
American households and businesses paid a national average of 12.94 cents per kilowatt-hour for electricity in 2024, capping a five-year stretch in which power prices...
Forever stamps are set to rise to 82 cents on July 12
Americans who still rely on physical mail to pay bills, send documents, or ship small packages will pay more starting this summer. The U.S. Postal...
Minimum wages rise July 1 in Oregon, Alaska, Washington, D.C., and more than 20 cities
Workers in Oregon, Alaska, Washington, D.C., and more than 20 cities will see higher minimum wages starting July 1, 2026, as inflation-indexed local laws trigger...
Trump Accounts open for deposits July 4 — on top of the $1,000 federal seed for kids born since 2025, families can add $5,000 a year
Families with children born since January 1, 2025, are weeks away from a deadline that will determine whether their kids start life with a federally...
Gas fell nearly 20 cents in a week, and 18 states are back under $4 a gallon
American drivers caught a break at the pump during the final week of May, as the national average price for regular gasoline fell 17 cents...
Grubhub owes 60,000 California drivers a piece of $24.75 million — and every valid claim filed by June 18 gets at least $25
Roughly 60,000 delivery drivers who worked for Grubhub in California could each receive at least $25 from a $24.75 million settlement fund tied to worker...
Dealers are quietly absorbing almost half of the tariff hike on new cars
American car buyers shopping for a new import this summer are paying less of a tariff surcharge than the sticker math would suggest. Federal records...